BLE BlackRock Municipal Income Trust II
XNYS
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- Exchange
- XNYS
- Market Cap
- $0.5B
- List Date
- 2002-07-31
- CIK
- 0001176194
- Homepage
- https://www.blackrock.com
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide a high current income exempt from federal income taxes. The fund invests a majority of its managed assets in municipal obligations issued by or on behalf of states, territories, and possessions of the United States and their political subdivisions, agencies, or instrumentalities (Municipal Bonds), the interest of which is exempt from regular federal income tax (except that the interest may be subject to the alternative minimum tax).
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
SYMBOL: BLE
Executive Summary:
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a range-bound market with no clear direction.
- Low volatility indicates a low-risk environment.
Primary Risks:
- Lack of clear momentum or trend, making it difficult to determine potential price movements.
- No recent news headlines have had a significant impact on the stock's price.
Investment Thesis: BLE appears to be in a consolidation phase, with no strong catalysts driving the price. Investors seeking low-risk exposure may find BLE an attractive option. However, without a clear direction or momentum, it is challenging to determine potential upside or downside risks.
Recent News Sentiment Impact: The recent news headlines are neutral, indicating no significant impact on the stock's price.
Technical Analysis:
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Bullish
Support/Resistance Levels:
- SMA 20: $10.53
- SMA 50: $10.44
- Upper Bollinger Band: $10.61
Momentum Signals:
- RSI interpretation: 54.96 (neutral)
- MACD signal: Bullish (0.03 / Signal: 0.00)
- Bollinger Bands position: Neutral
Volume Analysis:
- Volume SMA 20: 103625.25
- On-Balance Volume (OBV): 947685.00
- Volume Rate of Change: 50.94%
News & Sentiment Analysis:
Recent Headlines Summary:
- No recent news headlines have had a significant impact on the stock's price.
Sentiment Assessment: Neutral sentiment prevails, with no clear direction or momentum driving the price.
Catalyst Identification: No upcoming events, earnings, product launches, or regulatory changes that could significantly impact the stock's price.
Market Narrative: The lack of clear momentum or trend makes it challenging to determine potential price movements. The market narrative is neutral, indicating a range-bound environment with no strong catalysts driving the price.
Risk & Volatility Assessment:
Beta Interpretation: Low-risk profile (beta = 0.08).
Volatility Regime: Low volatility regime.
Options Market Signals:
- IV rank: N/A
- Put/call ratios: N/A
- Unusual activity: None
Downside Protection: Support levels: SMA 20 ($10.53), SMA 50 ($10.44)
Market Context & Positioning:
Sector Performance: BLE is outperforming the sector.
Institutional Activity: Low institutional interest signals a defensive posture.
Correlation Analysis: BLE has a low correlation with the market (R-squared = 0.12).
Relative Valuation: BLE is trading within its historical range.
Key Levels & Action Items:
Critical Price Levels:
- SMA 20: $10.53
- SMA 50: $10.44
Breakout/Breakdown Levels:
- Upper Bollinger Band: $10.61
Time-Sensitive Catalysts: No upcoming events or earnings that could significantly impact the stock's price.
Risk Management: Stop-loss levels and position sizing considerations are neutral due to the low-risk profile.
Additional Notes:
Data Interpretation:
- RSI: Neutral (54.96)
- MACD: Bullish
- Moving Averages: Range-bound
- Bollinger Bands: Neutral
News Impact Assessment:
- No recent news headlines have had a significant impact on the stock's price.
- Catalyst Timeline: None
Risk Assessment Criteria: Low risk profile with no clear direction or momentum.
Output Format Requirements:
- Be Objective: Present both bullish and bearish cases.
- Use Specific Data: Reference actual numbers from technical indicators.
- Highlight Conflicts: Note when technical and news signals diverge.
- Assess Data Quality: Comment on data completeness and reliability.
- No Buy/Sell Advice: Focus on risk/reward analysis only.
- Quantify Confidence: Rate analysis confidence based on data quality and signal clarity.
Data Quality Flags:
Flag when key data sources are missing (none).
Note unusual technical readings that may indicate data issues (none).
BLE Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
BLE Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
BLE Insider Trading (Form 4)
Latest: 2024-10-30| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2024-10-30 | Stayce D. Harris | Director | Buy (P) | +10 | $10.73 | $107 | EDGAR |
| 2024-10-08 | Phillip Soccio | Sell (S) | −229 | $11.16 | -$2.6K | EDGAR | |
| 2024-04-30 | Walter Oconnor | Buy (P) | +95 | $15.49 | $1.5K | EDGAR | |
| 2023-12-21 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Other (J) | −1,741 | — | EDGAR | |
| 2023-11-28 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Other (J) | −1,286 | — | EDGAR | |
| 2023-07-03 | Peter Hayes | Sell (S) | −3,582 | $10.36 | -$37.1K | EDGAR | |
| 2023-04-14 | Peter Hayes | Other (J) | +3,582 | — | EDGAR | ||
| 2023-02-24 | Theodore R Jaeckel Jr | Other (J) | +6,261 | — | EDGAR | ||
| 2021-04-14 | Frank Fabozzi | Director | Other (J) | +97 | — | EDGAR | |
| 2021-04-14 | Robert Glenn Hubbard | Director | Other (J) | +260 | — | EDGAR | |
| 2021-04-14 | Michael J Castellano | Director | Other (J) | +1,447 | — | EDGAR | |
| 2021-04-14 | Richard Cavanagh | Director | Other (J) | +1,169 | — | EDGAR | |
| 2021-04-14 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Other (J) | +1,514 | — | EDGAR | |
| 2019-01-17 | Henry Gabbay | Director | Buy (P) | +90 | $13.55 | $1.2K | EDGAR |
| 2019-01-16 | Henry Gabbay | Director | Buy (P) | +10 | $13.56 | $136 | EDGAR |
BLE Insider Holdings
1 insider · @ $10.54| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Stayce D. Harris | Director | 10 | $105 | $107 | 1 | 2024-10-30 |
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.