EJAN - Innovator Emerging Markets Power Buffer ETF - January
EJAN uses options in an effort to moderate losses on iShares MSCI EM ETF (EEM) over a one-year period starting each January. The fund foregoes some upside return as well as the dividend component of the index, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of EEM losses, investors forego upside participation above a certain threshold, which is reset annually.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $156.9M
- Beta
- 0.38
- 52-Week Range
- 32.06-36.226
- IPO Date
- Jan 2, 2020
- Exchange
- AMEX
EJAN Options Snapshot
Options pricing data for EJAN is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The EJAN overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked EJAN overview questions
- What is EJAN?
- EJAN is the ticker symbol for Innovator Emerging Markets Power Buffer ETF - January, an listed exchange-traded fund. EJAN uses options in an effort to moderate losses on iShares MSCI EM ETF (EEM) over a one-year period starting each January. The fund foregoes some upside return as well as the dividend component of the index, because the options are written on the price (not total) return version of the index. Listed on AMEX. EJAN is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are EJAN's key statistics?
- Innovator Emerging Markets Power Buffer ETF - January (EJAN) carries a market capitalization of $156.9M, 52-week range of 32.06-36.226. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does EJAN belong to?
- Innovator Emerging Markets Power Buffer ETF - January operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare EJAN's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the EJAN data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for EJAN, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.