BRLSW Borealis Foods Inc. 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.

BRLSW — —
Key stats
About
Industry (SIC)
FOOD AND KINDRED PRODUCTS (2000) · industry map
Exchange
XNAS
Employees
140
List Date
2024-02-08
CIK
0001852973
Headquarters
Oakville, A6
Homepage
https://www.borealisfoods.com

Borealis Foods Inc is a food technology integrator with a mission to address food security challenges through the development and commercialization of tasty, affordable, and sustainable functional foods. Borealis has developed a range of high-quality, affordable, sustainable, and nutritious premium, ready-to-eat meals sold in the United States, Canada, Central America, South America, and Europe. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing solutions to address food challenges.

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
'24'25'26Avg
Jan--60.00%-0.02%29.99%
Feb40.00%-8.25%8.97%13.57%
Mar-6.73%7.63%30.25%10.38%
Apr-26.67%-4.17%2.56%-9.43%
May-5.84%-17.87%-8.92%-10.88%
Jun-28.39%-5.16%-0.32%-11.29%
Jul-12.65%-16.28%-38.49%-22.47%
Aug35.94%-34.79%34.91%12.02%
Sep0.14%9.13%31.05%13.44%
Oct-12.86%-1.21%12.86%*-0.40%
Nov14.57%-25.00%---5.21%
Dec4.30%-22.92%---9.31%
Total-20.06%-59.87%62.17%-5.92%
* Only 3 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: $0.04
SMA 50: $0.04
SMA 200: $0.07
Current: $0.04
EMA 12: $0.04
EMA 26: $0.04
MACD: -0.0001 | Signal: -0.0000
BEARISH
ADX (14): 27.15
TREND
+DI: 48.44
−DI: 30.72

Momentum Oscillators

RSI (14): 47.63
NEUTRAL
Stoch %K: 38.51
Stoch %D: 54.72
Williams %R: -85.09

Volume & Volatility

BB Upper: $0.07
BB Lower: $0.02
NEUTRAL
OBV: 4,781,163
Vol SMA 20: 4,961
Vol ROC: -3.10%
ATR: $0.01
True Range: $0.00
HV 20: 658.2%
HV 30: 595.1%
HV 60: 516.2%

Data Summary

Data Points: 443
Last Updated:
Date Range: 2024-02-08T00:00:00 – 2026-10-14T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

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

Key Drivers and Primary Risks:

  • Technical signals indicate a bearish trend, with MACD and RSI suggesting a potential sell signal.
  • Beta is negative, indicating the stock moves opposite to the market.
  • Recent news headlines have been mixed, but the majority of sentiment has been negative.

2-3 Sentence Investment Thesis: Borealis Foods Inc. (BRLSW) appears to be in a bearish trend, driven by technical signals and negative recent news headlines. The company's high beta and low volatility suggest that investors may want to exercise caution when considering this stock. Further analysis is needed to determine the potential catalysts for change.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): BEARISH, Medium-term (1-3 months): NEUTRAL, Long-term (3-12 months): BEARISH

Support/Resistance Levels:

  • Lower Bollinger Band: $0.03
  • Middle Line: $0.05
  • Upper Bollinger Band: $0.08
  • SMA 20: $0.05
  • EMA 12: $0.05

Momentum Signals:

  • RSI (14): 45.38 (neutral)
  • MACD: -0.00 / Signal: -0.00 / Histogram: -0.00 (bearish)

Volume Analysis: Volume trends and institutional interest signals:

  • Volume SMA 20: 28827.70
  • On-Balance Volume (OBV): 4792327.45

News & Sentiment Analysis

Recent Headlines Summary: The past 10 news articles are mostly negative, with some positive news scattered throughout.

Sentiment Assessment: Aggregate sentiment is NEGATIVE, driven by recent headlines and technical signals.

Catalyst Identification: Upcoming events or catalysts that could impact the stock price:

  • Earnings announcement (no specific date available)

Risk & Volatility Assessment

Beta Interpretation: The stock has a negative beta, indicating it moves opposite to the market.

Volatility Regime: Current volatility is relatively low compared to historical levels.

Options Market Signals: No options data available.

Downside Protection: Support levels and risk management considerations:

  • Lower Bollinger Band: $0.03
  • Middle Line: $0.05

Market Context & Positioning

Sector Performance: The stock's performance is relatively weak compared to its sector.

Institutional Activity: Institutional interest signals are mixed, with some buying and selling activity.

Correlation Analysis: The stock has a low correlation with the market (R-squared).

Relative Valuation: The stock is trading within a range, but no clear valuation signal is present.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band: $0.03
  • Middle Line: $0.05
  • Upper Bollinger Band: $0.08

Breakout/Breakdown Levels: No clear breakout or breakdown levels are present.

Time-Sensitive Catalysts: Earnings announcement (no specific date available)

Risk Management: Stop-loss levels and position sizing considerations:

  • Consider setting a stop-loss at the Lower Bollinger Band ($0.03) to limit potential losses.
  • Position sizing should be conservative, considering the stock's high beta and low volatility.

This comprehensive analysis report provides an in-depth look at Borealis Foods Inc.'s (BRLSW) technical signals, news sentiment, and risk metrics. The bearish trend is driven by negative recent headlines, technical signals, and a negative beta. Investors should exercise caution when considering this stock and consider setting stop-loss levels to limit potential losses.

Generated

BRLSW 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: 1.7072
Alpha: 594.20%
Correlation: 0.0508
R-Squared: 0.3%
Stock Volatility: 451.3%
Market Volatility: 13.4%

Analysis Details

Benchmark: SPY
Data Points: 123
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

BRLSW 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.

21 filers5,162,102 shares$170.63K value
# Filer Shares Value % of Total % of Float Period
1 ARISTEIA CAPITAL, L.L.C. 841,050 $39.45K 23.12% — 2026-06-30
2 Clear Street Group Inc. 670,118 $31.50K 18.46% — 2026-06-30
3 Yakira Capital Management, Inc. 241,490 $11.34K 6.64% — 2026-06-30
4 ADAGE CAPITAL PARTNERS GP, L.L.C. 235,753 $11.08K 6.49% — 2026-06-30
5 Q Global Advisors, LLC 224,685 $11.00K 6.45% — 2026-06-30
6 WOLVERINE ASSET MANAGEMENT LLC 226,134 $10.63K 6.23% — 2026-06-30
7 D. E. Shaw & Co., Inc. Custodian 300,000 $10.53K 6.17% — 2026-06-30
8 683 Capital Management, LLC 200,000 $9.40K 5.51% — 2026-06-30
9 Saba Capital Management, L.P. 166,894 $7.83K 4.59% — 2026-06-30
10 WHITEBOX ADVISORS LLC 148,800 $6.99K 4.10% — 2026-06-30
11 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 70,030 $3.83K 2.25% — 2025-12-31
12 Context Capital Management, LLC 75,340 $3.54K 2.08% — 2026-06-30
13 O'Connor Alternative Investments LLC 70,030 $3.28K 1.92% — 2026-06-30
14 PICTON MAHONEY ASSET MANAGEMENT 75,000 $2.63K 1.54% — 2026-06-30
15 RIVERNORTH CAPITAL MANAGEMENT, LLC 100,000 $2.56K 1.50% — 2026-06-30
16 Ionic Capital Management LLC 44,422 $2.08K 1.22% — 2026-06-30
17 TWO SIGMA SECURITIES, LLC 45,188 $1.67K 0.98% — 2026-06-30
18 MARINER INVESTMENT GROUP LLC 23,300 $1.09K 0.64% — 2026-06-30
19 UBS Group AG Custodian 5,133 $190 0.11% — 2026-06-30
20 Tower Research Capital LLC (TRC) Custodian 274 $15 <0.01% — 2026-06-30
21 Hartree Partners, LP 1,398,461 $0 0.00% — 2026-06-30
1 filers$4.03K notional
# Filer Notional Value % of Total Period
1 Millennium Management LLC Custodian $4.03K 100.00% 2026-06-30
# Filer Notional Value % of Total Period

BRLSW Insider Trading (Form 4)

Latest: 2026-05-29
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
2026-05-29 Barthelemy Helg Director Other (J) −500,000 — EDGAR
2026-05-29 Oxus Capital PTE. LTD. 10%+ Owner Other (J) −100,000 — EDGAR
2026-05-29 Oxus Capital PTE. LTD. 10%+ Owner Grant (A) — — EDGAR
2026-05-29 Reza Soltanzadeh Chief Executive Officer Other (J) −1,000,000 — EDGAR
2026-05-29 Kenges Rakishev 10%+ Owner Mixed +7,704,954 — EDGAR
2026-04-09 Sergii Diachenko 10%+ Owner Buy (P) +55,336 RSU — EDGAR
2026-04-09 Sergii Diachenko 10%+ Owner Buy (P) +407,218 RSU — EDGAR
2026-04-09 Sergii Diachenko 10%+ Owner Buy (P) +417,131 RSU — EDGAR
2025-05-28 Steven M Oyer Director Award (A) +20,000 — EDGAR
2025-05-28 Ertharin Cousin Director Award (A) +20,000 — EDGAR
2025-05-28 Kanat Mynzhanov Director Award (A) +10,000 — EDGAR
2025-05-28 Shiv Vikram Khemka Director Award (A) +20,000 — EDGAR
2025-05-28 Barthelemy Helg Director Award (A) +20,000 — EDGAR
2024-10-11 Oxus Capital PTE. LTD. 10%+ Owner Other (J) −50,000 — EDGAR
2024-10-11 Kanat Mynzhanov Director Other (J) +50,000 — 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.

BRLSW Insider Holdings

8 insiders · @ $0.04
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 Kenges Rakishev 10%+ Owner 5,352,477 $187.9K $0 1 2026-05-29
2 Oxus Capital PTE. LTD. 10%+ Owner 5,302,477 $186.1K $0 4 2026-05-29
3 Reza Soltanzadeh Chief Executive Officer 3,032,505 $106.4K $0 1 2026-05-29
4 Barthelemy Helg Director 2,718,056 $95.4K $0 2 2026-05-29
5 Kanat Mynzhanov Director 260,000 $9.1K $0 3 2025-05-28
6 Shiv Vikram Khemka Director 70,000 $2.5K $0 1 2025-05-28
7 Steven M Oyer Director 22,000 $772 $18.3K 3 2025-05-28
8 Ertharin Cousin Director 20,000 $702 $0 1 2025-05-28
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.