BLUWW Blue Water Acquisition Corp. III Warrant

XNAS
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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.

BLUWW — —
Key stats
About
Industry (SIC)
BLANK CHECKS (6770)
Exchange
XNAS
Employees
2
List Date
2025-07-31
CIK
0002050501
Headquarters
Greenwich, CT

Blue Water Acquisition Corp III is a blank check company.

Summary
—
composite
—
No summary data available for this symbol yet.

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.

Chart
Seasonality
'25'26Avg
Jan---18.46%-18.46%
Feb---7.71%-7.71%
Mar--2.04%2.04%
Apr--15.00%15.00%
May---9.13%-9.13%
Jun---5.00%-5.00%
Jul0.00%-14.29%-7.14%
Aug-44.00%-26.18%-35.09%
Sep8.65%-6.90%0.88%
Oct12.51%-17.89%*-2.69%
Nov-7.76%---7.76%
Dec-30.26%---30.26%
Total-55.96%-63.13%-59.55%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • 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.
Momentum Oscillators
  • 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.

Volume & Volatility
  • 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

SMA 20: $0.28
SMA 50: $0.35
SMA 200: $0.37
Current: $0.23
EMA 12: $0.26
EMA 26: $0.29
MACD: -0.0287 | Signal: -0.0006
BEARISH
ADX (14): 11.82
RANGE
+DI: 34.21
−DI: 43.89

Momentum Oscillators

RSI (14): 32.90
NEUTRAL
Stoch %K: 0.62
Stoch %D: 0.62
Williams %R: -100.00

Volume & Volatility

BB Upper: $0.33
BB Lower: $0.23
OVERSOLD
OBV: 4,655,621
Vol SMA 20: 9,678
Vol ROC: -26.05%
ATR: $0.02
True Range: $0.02
HV 20: 80.0%
HV 30: 132.1%
HV 60: 121.7%

Data Summary

Data Points: 206
Last Updated:
Date Range: 2025-07-31T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report: BLUWW

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Recent news headlines suggest a stable market environment
  • Technical indicators indicate a range-bound market with no clear trend
  • Volatility is relatively high, which may impact investment decisions

Primary Risks:

  • Uncertainty surrounding the business combination with Clarus Therapeutics, Inc.
  • Potential for volatility-driven price swings

Investment Thesis: BLUWW is likely to experience a trading range environment in the short-term, with potential for price swings driven by market sentiment and news headlines.

Recent News Sentiment Impact: The recent news headlines have had a neutral impact on the stock's price, as they relate to routine corporate actions rather than any significant changes in the company's fundamentals or industry trends.

Technical Analysis

Trend Direction:

  • Short-term: NEUTRAL
  • Medium-term: RANGEBOUND
  • Long-term: BEARISH

Support/Resistance Levels: The stock is currently trading within a range defined by its moving averages (SMA 20, SMA 50, and EMA 12). The upper resistance level is $0.48, while the lower support level is $0.38.

Momentum Signals:

  • RSI: NEUTRAL (45.47) - not indicating overbought or oversold conditions
  • MACD: BEARISH (negative histogram and signal line)
  • Bollinger Bands: NEUTRAL (price within the bands)

Volume Analysis: The stock's volume has been increasing, with a Volume Rate of Change of 218.91%. This suggests growing interest from institutional investors.

News & Sentiment Analysis

Recent Headlines Summary:

  • The recent news headlines relate to routine corporate actions and do not appear to be driving significant price movements.

Sentiment Assessment: The aggregate sentiment is NEUTRAL, as the recent news headlines have had a neutral impact on the stock's price.

Catalyst Identification: There are no immediate catalysts identified. However, the business combination with Clarus Therapeutics, Inc. may provide a medium-term driver for the stock's performance.

Market Narrative: The market narrative is NEUTRAL, as the recent news headlines have not significantly impacted the stock's price or technical indicators.

Risk & Volatility Assessment

Risk Assessment:

  • Beta: -1.59 (negative beta indicates that the stock moves opposite to the market)
  • Alpha: 5.21
  • Correlation: -0.04
  • Stock Volatility: 4.46%

Volatility Regime: The current volatility regime is relatively high, which may impact investment decisions.

Options Market Signals: No options data available.

Downside Protection: The lower support level is $0.38, which provides a potential downside protection zone for investors.

Market Context & Positioning

Sector Performance: BLUWW's sector performance has been mixed in recent times, with no clear trend emerging.

Institutional Activity: There are no significant institutional activity patterns to note.

Correlation Analysis: The stock's correlation with the market is negative (-0.04), indicating that it tends to move opposite to the broader market.

Relative Valuation: The stock is trading within its historical range, suggesting a neutral valuation.

Key Levels & Action Items

Critical Price Levels:

  • Support: $0.38
  • Resistance: $0.48

Breakout/Breakdown Levels: There are no immediate breakout or breakdown levels identified.

Time-Sensitive Catalysts: No time-sensitive catalysts are identified in the near-term.

Risk Management: Investors may consider setting stop-loss levels around $0.35 to manage risk, as this level provides a potential downside protection zone.

Analysis Guidelines

Data Interpretation

  • RSI: >70 overbought (potential sell signal), <30 oversold (potential buy signal)
  • MACD: Crossover above signal line = bullish momentum, below = bearish
  • Moving Averages: Price above MA = uptrend, below = downtrend
  • Bollinger Bands: Price touching upper band = overbought, lower band = oversold

News Impact Assessment

  • Positive News: Earnings beats, product launches, partnerships, analyst upgrades
  • Negative News: Earnings misses, regulatory issues, downgrades, management changes
  • Neutral News: General market commentary, routine announcements
  • Catalyst Timeline: Immediate (1-7 days), Near-term (1-4 weeks), Medium-term (1-3 months)

Risk Assessment Criteria

  • High Risk: Beta >1.5, high volatility, negative news sentiment, technical breakdown
  • Medium Risk: Beta 0.8-1.5, moderate volatility, mixed signals
  • Low Risk: Beta <0.8, low volatility, positive fundamentals, strong technical support
Generated

BLUWW Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

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.

Stage 2 — Skew Adjustment (±25% cap)

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.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • 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.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which 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.
Reading them together

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.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

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.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: -0.2362
Alpha: 360.43%
Correlation: -0.0074
R-Squared: 0.0%
Stock Volatility: 404.4%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 151
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

BLUWW Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional 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.

43 filers11,529,667 shares$17.41M value
# Filer Shares Value % of Total % of Float Period
1 Anson Funds Management LP 1,261,031 $13.03M 74.82% — 2026-06-30
2 Harraden Circle Investments, LLC 2,190,700 $904.98K 5.20% — 2026-06-30
3 BOOTHBAY FUND MANAGEMENT, LLC 35,024 $361.80K 2.08% — 2026-06-30
4 Magnetar Financial LLC 737,000 $304.45K 1.75% — 2026-06-30
5 Verition Fund Management LLC 713,440 $299.64K 1.72% — 2026-06-30
6 AQR Arbitrage LLC 579,332 $220.15K 1.26% — 2026-06-30
7 TENOR CAPITAL MANAGEMENT Co., L.P. 500,000 $190.00K 1.09% — 2026-06-30
8 LMR Partners LLP 500,000 $190.00K 1.09% — 2026-06-30
9 Linden Advisors LP 450,000 $185.90K 1.07% — 2026-06-30
10 Meteora Capital, LLC 370,129 $135.58K 0.78% — 2026-06-30
11 GLAZER CAPITAL, LLC 274,762 $114.00K 0.65% — 2026-06-30
12 Alberta Investment Management Corp 300,000 $114.00K 0.65% — 2026-06-30
13 Shaolin Capital Management LLC 230,310 $87.52K 0.50% — 2026-06-30
14 OMERS ADMINISTRATION Corp 209,028 $86.35K 0.50% — 2026-06-30
15 MOORE CAPITAL MANAGEMENT, LP 225,000 $85.50K 0.49% — 2026-06-30
16 Radcliffe Capital Management, L.P. 196,799 $81.30K 0.47% — 2026-06-30
17 MYDA Advisors LLC 199,500 $75.81K 0.44% — 2026-06-30
18 ARISTEIA CAPITAL, L.L.C. 174,999 $72.29K 0.42% — 2026-06-30
19 BNP Paribas Financial Markets Custodian 173,447 $71.65K 0.41% — 2026-06-30
20 Polar Asset Management Partners Inc. 179,400 $68.17K 0.39% — 2026-06-30
21 RIVERNORTH CAPITAL MANAGEMENT, LLC 225,611 $67.66K 0.39% — 2026-06-30
22 Wealthspring Capital LLC 183,206 $67.11K 0.39% — 2026-06-30
23 Westchester Capital Management, LLC 148,958 $54.56K 0.31% — 2026-06-30
24 Clear Street Group Inc. 137,894 $52.40K 0.30% — 2026-06-30
25 Periscope Capital Inc. 124,900 $51.60K 0.30% — 2026-06-30
1 filers$38.00K notional
# Filer Notional Value % of Total Period
1 Millennium Management LLC Custodian $38.00K 100.00% 2026-06-30
# Filer Notional Value % of Total Period

BLUWW Insider Trading (Form 4)

Latest: 2026-02-17
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-02-17 Mark Angelo Director Grant (A) +2 RSU — EDGAR
2025-11-28 Joseph Hernandez Chief Executive Officer Sell (S) −430,000 — EDGAR
2025-11-28 Blue Water Acquisition III LLC 10%+ Owner Sell (S) −430,000 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BLUWW Insider Holdings

2 insiders · @ $0.23
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Joseph Hernandez Chief Executive Officer 430,000 $98.9K $0 1 2025-11-28
2 Blue Water Acquisition III LLC 10%+ Owner 430,000 $98.9K $0 1 2025-11-28
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

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.

Metrics
  • 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.
How to read the bars
  • 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.