Corgi BRKB 2x Daily ETF(BRKL · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
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.
Corgi BRKB 2x Daily ETF (BRKL) ETF
- Exchange
- BATS
- Inception
- 2026-07-06
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-08-08 | 2025-08-22 | $0.1350 | CD |
| 2025-05-09 | 2025-05-23 | $0.1350 | CD |
| 2025-02-14 | 2025-02-28 | $0.1350 | CD |
| 2024-11-15 | 2024-11-29 | $0.1350 | CD |
| 2024-08-16 | 2024-08-30 | $0.1350 | CD |
| 2024-05-09 | 2024-05-24 | $0.1350 | CD |
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 - BRKL
Executive Summary
BULLISH (Confidence Level: 8/10)
Key drivers: Merger of Equals with Berkshire Hills Bancorp, positive earnings sentiment
Primary risks: Regulatory hurdles, potential for increased competition after merger
Investment thesis: The combined entity, Beacon Financial Corporation, has a strong track record and a significant presence in the market. The merger will likely lead to cost synergies and revenue growth, making BRKL an attractive investment opportunity.
Recent news sentiment impact: The positive news headlines surrounding the merger have had a significant impact on the stock price, pushing it higher.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Bullish Medium-term (1-3 months): Bullish Long-term (3-12 months): Neutral
Support/Resistance Levels:
- Resistance Level 1: $11.36 (Upper Bollinger Band)
- Resistance Level 2: $11.50 (Next resistance level based on moving averages)
- Support Level 1: $10.97 (SMA 20)
- Support Level 2: $10.83 (SMA 50)
Momentum Signals:
- RSI interpretation: Neutral (57.73) - not oversold or overbought
- MACD signal: Bullish (0.10 / Signal: -0.00 / Histogram: 0.10)
- Bollinger Bands position: Neutral
Volume Analysis: Volume trends are mixed, with the OBV indicating a bearish trend.
News & Sentiment Analysis
Recent Headlines Summary: The merger of equals between BRKL and Berkshire Hills Bancorp has been well-received by investors, leading to a strong upward move in the stock price. There have been no significant negative news headlines recently.
Sentiment Assessment: Positive sentiment dominates, with a high degree of optimism surrounding the merger.
Catalyst Identification: The merger is the primary catalyst driving the stock price higher.
Market Narrative: The news aligns strongly with technical signals, supporting the bullish trend.
Risk & Volatility Assessment
Beta Interpretation: Moderate risk relative to market (beta = 0.98)
Volatility Regime: Current volatility is relatively high compared to historical levels.
Options Market Signals:
- IV rank: High (100.0%)
- Put/call ratio: Bullish (0.50)
- Unusual activity: None significant
Downside Protection: Support level 1 at $10.97 provides some downside protection.
Market Context & Positioning
Sector Performance: BRKL's sector has been performing well, with the Financials sector up 2% over the past month.
Institutional Activity: Institutional investors have been buying the stock, supporting the upward move.
Correlation Analysis: BRKL has a moderate positive correlation with the market (R-squared = 0.43).
Relative Valuation: The stock is trading at the upper end of its historical range, indicating some valuation concerns.
Key Levels & Action Items
Critical Price Levels:
- Resistance Level 1: $11.36
- Support Level 1: $10.97
Breakout/Breakdown Levels: A breakout above resistance level 2 could trigger a strong upward move, while a breakdown below support level 2 could indicate a correction.
Time-Sensitive Catalysts: The merger's completion date is unknown but expected to be a significant catalyst.
Risk Management: Stop-loss levels should be set around $10.83, with position sizing considerations based on the stock's volatility and technical strength.
By analyzing the data provided, we can conclude that BRKL has a strong bullish trend driven by positive news sentiment surrounding the merger of equals. The technical indicators support this trend, with momentum signals indicating a continuation of the upward move. However, there are some risks to consider, including regulatory hurdles and potential for increased competition after the merger.
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2024-07-24 | Pre-Market | 15.09% | 1.53% | 0.10x | Within |
| 2024-10-23 | After-Close | 16.18% | 1.13% | 0.07x | Within |
| 2025-01-29 | After-Close | 33.20% | 1.99% | 0.06x | Within |
| 2025-04-23 | After-Close | 72.20% | 1.85% | 0.03x | Within |
| 2025-07-23 | Pre-Market | 43.36% | 0.63% | 0.01x | Within |
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.
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. Amendments (Form 144/A) and post-cancellation refilings can inflate this if you sum naively; the rollup above excludes filings with zero stated value.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2024-03-12 | James M. Cosman | Officer | 16,000 | $154.6K | 2024-03-12 | UBS Financial Services Inc | — | EDGAR |
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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