(NJAN) Innovator Nasdaq-100 Power - Ratings and Ratios

The Innovator Nasdaq-100 Power Buffer ETF - January (BATS:NJAN) is a non-diversified exchange-traded fund (ETF) designed to provide investors with exposure to the performance of the Nasdaq-100 Index, with a focus on risk management. The fund primarily invests at least 80% of its net assets in FLexible Exchange® Options (FLEX Options) that reference the Invesco QQQ TrustSM, series 1 (QQQ), which tracks the Nasdaq-100 Index. These FLEX Options are customizable exchange-traded option contracts that allow the fund to tailor its exposure to the underlying index. The ETF employs a defined outcome strategy, aiming to provide a power buffer against potential losses while participating in the upside of the Nasdaq-100 Index, up to a predetermined cap.

FLEX Options are unique in that they can be structured with specific terms, such as expiration dates and strike price levels, which are not typically found in standard exchange-listed options. This flexibility allows the fund to implement a buffer strategy, designed to limit losses in declining markets while still offering potential for growth in rising markets. The funds use of options allows it to seek a specific outcome within a defined time frame, making it a tool for investors seeking a combination of growth and risk mitigation.

As of the latest data, the fund has an average trading volume of 53,214 shares over the past 20 days, with a last price of $48.26. Its moving averages are $48.89 (SMA 20), $48.52 (SMA 50), and $46.55 (SMA 200), indicating a recent uptrend. The Average True Range (ATR) of 0.37 suggests relatively low volatility. The fund has assets under management (AUM) of $312.36 million, reflecting its scale in the defined outcome ETF category.