FBUF Stock Summary and Trading Ideas (Fidelity Dynamic Buffered Equity ETF Fidelity Dynamic Buffered Equity ETF | BATS:FBUF)

Fidelity Dynamic Buffered Equity ETF seeks capital appreciation. The fund invest at least 80% of assets in equity securities. Investing in equity securities of companies with market capitalizations generally similar to companies in the S&P 500 Index or Russell 1000 Index. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the S&P 500 Index. Employing a disciplined rules-based "Defensive Option Collar" strategy designed in combination with a diversified portfolio of equity securities to provide the fund with a significant portion of the returns associated with equity market investments while exposing investors to less risk than traditional long-only equity strategies. The "Defensive Options Collar" strategy involves purchasing index put options to provide downside protection in certain market conditions (i.e., offset or mitigate a decrease in the value of the fund's investments) and selling index call options that provides income to substantially offset the cost of that downside protection.

Fidelity Dynamic Buffered Equity ETF Fidelity Dynamic Buffered Equity ETF trades on the BATS stock market under the symbol FBUF.

As of October 31, 2024, FBUF stock price declined to $26.59 with 3,377 million shares trading.

FBUF has a market cap of $8.64 million. This is considered a Sub-Micro Cap stock.

FBUF support price is $26.78 and resistance is $26.98 (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 FBUF shares will trade within this expected range on the day.