{"slug":"buffer-etfs-defined-outcome","qid":"entry_point_terms","label":"Remaining buffer and remaining cap by entry point","post_title":"How Buffer ETFs Work: Caps and Resets","post_url":"/blog/buffer-etfs-defined-outcome#q-entry_point_terms","columns":["entry_index_move_pct","remaining_buffer_pct","remaining_cap_pct"],"rows":[{"entry_index_move_pct":-12,"remaining_buffer_pct":0,"remaining_cap_pct":30.7},{"entry_index_move_pct":-9,"remaining_buffer_pct":0,"remaining_cap_pct":26.4},{"entry_index_move_pct":-6,"remaining_buffer_pct":3.2,"remaining_cap_pct":22.3},{"entry_index_move_pct":-3,"remaining_buffer_pct":6.2,"remaining_cap_pct":18.6},{"entry_index_move_pct":0,"remaining_buffer_pct":9,"remaining_cap_pct":15},{"entry_index_move_pct":3,"remaining_buffer_pct":11.7,"remaining_cap_pct":11.7},{"entry_index_move_pct":6,"remaining_buffer_pct":14.2,"remaining_cap_pct":8.5},{"entry_index_move_pct":9,"remaining_buffer_pct":16.5,"remaining_cap_pct":5.5},{"entry_index_move_pct":12,"remaining_buffer_pct":18.8,"remaining_cap_pct":2.7},{"entry_index_move_pct":15,"remaining_buffer_pct":20.9,"remaining_cap_pct":0},{"entry_index_move_pct":18,"remaining_buffer_pct":22.9,"remaining_cap_pct":0}],"shape":"ranking","sql":"SELECT\n    entry_index_move_pct,\n    round(greatest((index_level - 91.0) / index_level, 0.0) * 100, 1)  AS remaining_buffer_pct,\n    round(greatest((115.0 - index_level) / index_level, 0.0) * 100, 1) AS remaining_cap_pct\nFROM\n(\n    SELECT\n        entry_index_move_pct,\n        100.0 + entry_index_move_pct AS index_level\n    FROM\n    (\n        SELECT toFloat64(arrayJoin(range(11))) * 3 - 12 AS entry_index_move_pct\n    )\n)\nORDER BY entry_index_move_pct","computed_at":"2026-08-12T15:42:18.232314+00:00","elapsed":0.007612471}