BRKHU Burtech Acquisition Corp II Unit

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.

BRKHU — —
Key stats
About
Industry (SIC)
BLANK CHECKS (6770)
Exchange
XNAS
List Date
2026-05-22
CIK
0002098707
Headquarters
Coral Gables, FL

Burtech Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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
Insufficient price history — listed 147 days ago. Seasonality patterns need at least one full year of data.
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: $10.83
SMA 50: $11.11
SMA 200: $10.50
Current: $10.00
EMA 12: $10.30
EMA 26: $10.70
MACD: -0.3982 | Signal: -0.0954
BEARISH
ADX (14): 16.37
RANGE
+DI: 36.68
−DI: 44.40

Momentum Oscillators

RSI (14): 37.65
NEUTRAL
Stoch %K: 1.51
Stoch %D: 1.70
Williams %R: -98.31

Volume & Volatility

BB Upper: $12.54
BB Lower: $9.12
NEUTRAL
OBV: 11,829,615
Vol SMA 20: 136,763
Vol ROC: 199.00%
ATR: $0.30
True Range: $0.01
HV 20: 76.0%
HV 30: 82.8%
HV 60: 74.5%

Data Summary

Data Points: 289
Last Updated:
Date Range: 2021-12-13T00:00:00 – 2026-06-05T00:00:00
AI Analysis

LLM Stock Analysis Report: BRKHU

Executive Summary

Overall assessment: NEUTRAL with confidence level (6/10)

Key drivers:

  • Technical indicators suggest a range-bound market, with no clear trend
  • Recent news headlines are neutral, focused on mergers and acquisitions class action lawsuits
  • Beta analysis is unavailable due to lack of data

Primary risks:

  • Uncertainty surrounding upcoming earnings report, if available
  • Market volatility, particularly in the technology sector

Investment thesis: BRKHU appears to be in a consolidation phase, with no clear trend or catalyst driving the stock. The company's recent news headlines are neutral, and the technical indicators suggest a range-bound market.

Recent news sentiment impact: The neutral news headlines have not significantly impacted the stock price, as they do not provide any clear direction or momentum.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Range-bound
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Bearish

Support/Resistance Levels:

  • Lower band: $9.12
  • Middle band: $10.83
  • Upper band: $12.54
  • Recent support level: $9.50

Momentum Signals:

  • RSI interpretation: Neutral (37.65)
  • MACD signal: Bearish (-0.40 / Signal: -0.10 / Histogram: -0.30)
  • Bollinger Bands position: Neutral

Volume Analysis:

  • Volume SMA 20: 136763.00
  • On-Balance Volume (OBV): 11829615.00
  • Volume Rate of Change: 199.00%

News & Sentiment Analysis

Recent Headlines Summary:

The recent news headlines are focused on mergers and acquisitions class action lawsuits, with no clear direction or momentum.

Sentiment Assessment:

  • Aggregate news sentiment is neutral (NEUTRAL)

Catalyst Identification:

  • No specific catalysts identified in the recent news headlines

Market Narrative:

The market narrative suggests a range-bound market with no clear trend or direction.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: N/A
  • Alpha: N/A
  • Correlation: N/A
  • Stock Volatility: N/A

Interpretation:

The lack of data prevents a comprehensive risk and volatility assessment.

Downside Protection:

Support levels and risk management considerations are unavailable due to the lack of technical indicators and recent price action.

Market Context & Positioning

Sector Performance:

  • Relative strength vs sector/market is neutral (0.00)

Institutional Activity:

  • Volume patterns suggesting institutional interest are unavailable due to the lack of data.

Correlation Analysis:

The correlation analysis is unavailable due to the lack of data.

Relative Valuation:

The relative valuation assessment is unavailable due to the lack of recent price action and technical indicators.

Key Levels & Action Items

Critical Price Levels:

  • Support level: $9.50
  • Resistance level: $12.54

Breakout/Breakdown Levels:

No specific breakout or breakdown levels identified.

Time-Sensitive Catalysts:

No time-sensitive catalysts identified in the recent news headlines.

Risk Management:

Stop-loss levels and position sizing considerations are unavailable due to the lack of technical indicators and recent price action.

Please note that this analysis is based on the provided data, which appears to be incomplete. A more comprehensive analysis would require additional information on earnings, options activity, and market conditions.

Generated

BRKHU 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
Insufficient price history — listed 147 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.
Notable investors who own BRKHU
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$110K
0.00%
#5758 of 6285new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BRKHU 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.

34 filers7,739,147 shares$77.76M value
# Filer Shares Value % of Total % of Float Period
1 Sculptor Capital LP 779,437 $7.82M 10.05% — 2026-06-30
2 Magnetar Financial LLC 700,000 $7.04M 9.05% — 2026-06-30
3 WOLVERINE ASSET MANAGEMENT LLC 409,500 $4.11M 5.28% — 2026-06-30
4 HIGHBRIDGE CAPITAL MANAGEMENT LLC 400,100 $4.01M 5.16% — 2026-06-30
5 HEIGHTS CAPITAL MANAGEMENT, INC 400,000 $4.01M 5.15% — 2026-06-30
6 AQR Arbitrage LLC 370,160 $3.70M 4.76% — 2026-06-30
7 WHITEBOX ADVISORS LLC 350,000 $3.51M 4.51% — 2026-06-30
8 BNP Paribas Financial Markets Custodian 329,840 $3.30M 4.24% — 2026-06-30
9 RIVERNORTH CAPITAL MANAGEMENT, LLC 299,592 $3.15M 4.05% — 2026-06-30
10 Linden Advisors LP 300,000 $3.02M 3.88% — 2026-06-30
11 Polar Asset Management Partners Inc. 300,000 $3.01M 3.87% — 2026-06-30
12 LMR Partners LLP 300,000 $3.01M 3.87% — 2026-06-30
13 BOOTHBAY FUND MANAGEMENT, LLC 275,000 $2.76M 3.55% — 2026-06-30
14 Periscope Capital Inc. 241,313 $2.43M 3.12% — 2026-06-30
15 TORONTO DOMINION BANK 200,300 $2.01M 2.58% — 2026-06-30
16 Hudson Bay Capital Management LP 200,000 $2.00M 2.58% — 2026-06-30
17 ARISTEIA CAPITAL, L.L.C. 199,769 $2.00M 2.58% — 2026-06-30
18 BERKLEY W R CORP 198,940 $2.00M 2.57% — 2026-06-30
19 CANTOR FITZGERALD, L. P. 195,301 $1.96M 2.52% — 2026-06-30
20 Shaolin Capital Management LLC 191,200 $1.92M 2.47% — 2026-06-30
21 Schonfeld Strategic Advisors LLC 153,323 $1.54M 1.98% — 2026-06-30
22 Two Sigma Investments, LP Custodian 145,000 $1.45M 1.86% — 2026-06-30
23 Lineage Point Capital LP 125,000 $1.26M 1.62% — 2026-06-30
24 Radcliffe Capital Management, L.P. 125,000 $1.26M 1.62% — 2026-06-30
25 Clear Street Group Inc. 119,799 $1.20M 1.55% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

BRKHU Insider Trading (Form 4)

Latest: 2026-06-09
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
2026-06-09 BurTech Sponsor II LLC 10%+ Owner Buy (P) +220,000 — EDGAR
2026-06-09 Roman Livson CFO and Director Buy (P) +220,000 — EDGAR
2026-06-09 Shahal Khan CEO and Director Buy (P) +220,000 — EDGAR
2026-05-26 Roman Livson CFO and Director Buy (P) +220,000 — EDGAR
2026-05-26 Shahal Khan CEO and Director Buy (P) +220,000 — EDGAR
2026-05-26 BurTech Sponsor II LLC 10%+ Owner Buy (P) +220,000 — 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.

BRKHU Insider Holdings

3 insiders · @ $10.00
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 Shahal Khan CEO and Director 220,000 $2.20M $0 2 2026-06-09
2 Roman Livson CFO and Director 220,000 $2.20M $0 2 2026-06-09
3 BurTech Sponsor II LLC 10%+ Owner 220,000 $2.20M $0 2 2026-06-09
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
2 ETFs hold BRKHU
2 shown · $192.22K total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 SPCZ Rivernorth Enhanced Pre-Merger SPAC ETF Nport 1.34% $96,112 — 2026-06-30
2 RNMN Rivernorth Enhanced Pre-Merger SPAC ETF Nport 1.34% $96,112 — 2026-06-30
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.