BAUG Stock Summary and Trading Ideas (Innovator U.S. Equity Buffer ETF - August | BATS:BAUG)

The Fund seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 20.34% (prior to taking into account management fees and other fees) while providing a buffer against the first 9% (prior to taking into account management fees and other fees) of SPDR S&P 500 ETF Trust losses, over the period from August 1, 2023 to July 31, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Innovator U.S. Equity Buffer ETF - August trades on the BATS stock market under the symbol BAUG.

As of April 23, 2024, BAUG stock price climbed to $37.91 with 13,862 million shares trading.

BAUG has a beta of 0.71, meaning it tends to be less sensitive to market movements. BAUG has a correlation of 0.96 to the broad based SPY ETF.

BAUG has a market cap of $160.17 million. This is considered a Micro Cap stock.

In the last 3 years, BAUG stock traded as high as $38.92 and as low as $27.95.

BAUG has underperformed the market in the last year with a return of +19.8%, while the SPY ETF gained +24.3%. In the last 3 month period, BAUG fell short of the market, returning +3.8%, while SPY returned +4.9%. However, in the most recent 2 weeks BAUG has outperformed the stock market by returning -1.9%, while SPY returned -2.5%.

BAUG support price is $37.30 and resistance is $37.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BAUG stock will trade within this expected range on the day.