BREZ Breeze Acquisition Corp. II Ordinary Shares

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.

BREZ — —
Key stats
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY1.00
Cost of Equity (CAPM)10.15%
WACC10.15%
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Quality Score0/6 — cyclical/struggling (5y DCF)
SMA 50$9.98 (Market Anchor value)
SMA 20 / Bollinger Mid$10.04
Bollinger Width / SMA209.6% (drives anchor stability)
Net Debt$0.0B
60-Day Conviction
16%
20-Day Fair Value
≈ by Nov 20, 2026
$10.11
α -0.3% rank 45%
conviction
22%
40-Day Fair Value
≈ by Dec 21, 2026
$10.23
α +0.9% rank 45%
conviction
28%
60-Day Fair Value
≈ by Jan 19, 2027
$10.10
α -0.4% rank 45%
conviction
16%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B n/a 0%
Peer P/S n/a 0%
Market Anchor (SMA50) $9.98 100% stability 100% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-10-22 · updated
About
Industry (SIC)
BLANK CHECKS (6770)
Exchange
XNAS
CIK
0002095443
Headquarters
Irving, TX
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
'21'22'23'24'26Avg
Jan0.49%0.29%1.24%5.51%--1.88%
Feb-2.64%0.29%0.19%-0.79%---0.74%
Mar-2.93%0.29%0.95%1.76%--0.02%
Apr0.00%0.10%-1.12%-1.91%---0.73%
May-0.30%-1.06%0.61%-1.81%---0.64%
Jun0.46%0.29%0.75%---0.10%0.35%
Jul0.00%0.19%5.33%--0.20%1.43%
Aug0.25%0.39%-0.53%--0.20%0.08%
Sep0.40%0.39%-0.18%---0.16%0.11%
Oct0.40%-0.10%-2.13%--0.80%*-0.26%
Nov0.59%-0.48%-0.99%-----0.29%
Dec0.39%0.39%1.01%----0.60%
Total-2.93%0.97%5.06%2.59%0.94%1.33%
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: $10.04
SMA 50: $9.99
SMA 200: $11.02
Current: $10.14
EMA 12: $10.06
EMA 26: $10.06
MACD: 0.0014 | Signal: 0.0170
BEARISH
ADX (14): 17.95
RANGE
+DI: 51.07
−DI: 28.85

Momentum Oscillators

RSI (14): 62.08
NEUTRAL
Stoch %K: 85.71
Stoch %D: 85.71
Williams %R: 0.00

Volume & Volatility

BB Upper: $10.11
BB Lower: $9.98
OVERBOUGHT
OBV: -497,587
Vol SMA 20: 39,593
Vol ROC: -98.35%
ATR: $0.03
True Range: $0.08
HV 20: 4.9%
HV 30: 4.7%
HV 60: 28.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2022-07-15T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report - BREZ

Executive Summary

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

Key Drivers and Primary Risks:

  • Technical indicators suggest a neutral trend, with the RSI indicating a neutral zone.
  • MACD is bearish, but the signal line is relatively close to the histogram, suggesting potential for a rebound.
  • Beta is negative, indicating that the stock moves opposite to the market.

2-3 Sentence Investment Thesis:

BREZ's recent performance has been characterized by volatility and mixed signals. The stock's neutral trend and low volatility suggest a potentially stable environment, but the bearish MACD and negative beta may indicate increased risk. Investors should consider a balanced approach, combining both bullish and bearish aspects to manage potential risks.

Recent News Sentiment Impact:

The recent news headlines are mostly neutral in sentiment, focusing on corporate updates and conference participation rather than market-moving events. However, the fact that the company is addressing outstanding issues and progressing with its business combination may have a positive impact on investor confidence.

Technical Analysis

Trend Direction: NEUTRAL (Short-term: trending sideways, Medium-term: slightly bearish, Long-term: neutral)

Support/Resistance Levels:

  • SMA 20: $9.98
  • SMA 50: $10.39
  • SMA 200: $11.12
  • Upper Bollinger Band: $10.02

Momentum Signals:

  • RSI (14): 40.55 (neutral)
  • MACD: -0.08 / Signal: 0.04 / Histogram: -0.12 (bearish)

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines, mostly focused on corporate updates and conference participation.

Sentiment Assessment: NEUTRAL

Catalyst Identification: No specific catalysts identified in recent news; the company's business combination timeline is still pending.

Market Narrative: The market narrative remains neutral, with BREZ's performance influenced by broader market trends rather than significant news events.

Risk & Volatility Assessment

Beta Interpretation: Negative beta (-0.91) indicates that the stock moves opposite to the market.

Volatility Regime: Current volatility is relatively low (0.34), indicating a potentially stable environment.

Options Market Signals:

  • IV Rank: 0.0% (Low)
  • Put/Call Volume Ratio: 0.00 (Neutral sentiment)

Market Context & Positioning

Sector Performance: BREZ's sector, Technology, has been trending slightly bearish over the past month.

Institutional Activity: No significant institutional activity or volume patterns suggesting institutional interest.

Correlation Analysis: Correlation between BREZ and SPY is negative (-0.34), indicating that the stock moves opposite to the market.

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $9.98
  • Upper Bollinger Band: $10.02
  • Lower Bollinger Band: $9.93

Breakout/Breakdown Levels: No specific levels identified for breakout or breakdown; BREZ's trend is neutral.

Time-Sensitive Catalysts: No immediate earnings dates, FDA approvals, or product launches scheduled.

Risk Management: Consider setting stop-loss levels at SMA 20 ($9.98) and using position sizing to manage risk.

By analyzing the data provided, it appears that BREZ is in a neutral trend with mixed signals from technical indicators. The company's recent news headlines are mostly neutral, and there are no specific catalysts identified. Investors should consider a balanced approach, combining both bullish and bearish aspects to manage potential risks.

Generated

BREZ Options Activity & IV Rank

Volatility Metrics

Current IV: —
7-DTE IV: —
Expected Move: —
7-DTE Move: —
Days to Exp: — (Unknown)

Options Flow

Call Volume: —
Put Volume: —
P/C Volume: —
Call OI: —
Put OI: —
P/C OI: —
Total OI: —

ATM Options Pricing

ATM Call: —
ATM Put: —
Call %: —
Put %: —

Chain Summary

Chain Volume: 0
Chain OI: 0
Last Updated: 8/18/2023
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
as of Aug 10 · No data
30 DTE / 10d —
— pts EXTREME
as of Aug 10 · No data

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: -0.7391
Alpha: -34.63%
Correlation: -0.3170
R-Squared: 10.1%
Stock Volatility: 28.5%
Market Volatility: 12.2%

Analysis Details

Benchmark: SPY
Data Points: 53
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

BREZ 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.

37 filers13,696,221 shares$132.42M value
# Filer Shares Value % of Total % of Float Period
1 Magnetar Financial LLC 1,225,000 $12.14M 9.17% — 2026-06-30
2 Polar Asset Management Partners Inc. 1,225,000 $12.14M 9.17% — 2026-06-30
3 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1,159,000 $11.51M 8.69% — 2026-06-30
4 GLAZER CAPITAL, LLC 922,196 $9.14M 6.90% — 2026-06-30
5 WOLVERINE ASSET MANAGEMENT LLC 685,000 $6.79M 5.13% — 2026-06-30
6 AQR Arbitrage LLC 618,742 $6.13M 4.63% — 2026-06-30
7 BNP Paribas Financial Markets Custodian 606,258 $6.01M 4.54% — 2026-06-30
8 MANGROVE PARTNERS IM, LLC 575,000 $5.70M 4.30% — 2026-06-30
9 BERKLEY W R CORP 557,070 $5.52M 4.17% — 2026-06-30
10 Mint Tower Capital Management B.V. 500,000 $4.96M 3.74% — 2026-06-30
11 Meteora Capital, LLC 499,999 $4.95M 3.74% — 2026-06-30
12 GABELLI & Co INVESTMENT ADVISERS, INC. 414,950 $4.11M 3.11% — 2026-06-30
13 WHITEBOX ADVISORS LLC 400,000 $3.96M 2.99% — 2026-06-30
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 375,000 $3.73M 2.82% — 2026-06-30
15 TORONTO DOMINION BANK 375,000 $3.72M 2.81% — 2026-06-30
16 Shaolin Capital Management LLC 319,910 $3.17M 2.39% — 2026-06-30
17 Linden Advisors LP 305,000 $3.02M 2.28% — 2026-06-30
18 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 256,842 $2.55M 1.92% — 2026-06-30
19 ARISTEIA CAPITAL, L.L.C. 250,000 $2.48M 1.87% — 2026-06-30
20 Westchester Capital Management, LLC 230,000 $2.28M 1.72% — 2026-06-30
21 Schonfeld Strategic Advisors LLC 198,600 $1.97M 1.49% — 2026-06-30
22 Radcliffe Capital Management, L.P. 189,500 $1.88M 1.42% — 2026-06-30
23 RLH Capital LLC 175,000 $1.73M 1.31% — 2026-06-30
24 Yakira Capital Management, Inc. 150,000 $1.49M 1.12% — 2026-06-30
25 Clear Street Group Inc. 143,000 $1.42M 1.07% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

BREZ Board & Officers

As of SEC filings through May 15, 2026

Directors 5

Officers 2

10% owners 2

Changes in the last 10 years (9)
May 12, 2026Rick Baldwin became a director
May 12, 2026Richard Cabell became VP and Corporate Controller
May 12, 2026Michael J Pine became a director
May 12, 2026J Douglas Ramsey became a director
May 12, 2026J Douglas Ramsey became a 10% owner
May 12, 2026J Douglas Ramsey became CEO, CFO, Chairman
May 12, 2026Charles M Balch became a director
May 12, 2026Breeze Sponsor II, LLC became a 10% owner
May 12, 2026Anthony Przybyslawski became a director
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
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.

Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
1.64K
SI % of Float
0.01%
Days to Cover
1.00
Short Vol Ratio
42.3%
Free Float
14.49M
Float %
73.4%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-16