BenzingaT3·7mo ago
CEPT Cantor Equity Partners II, Inc.
XNASStock 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.
CEPT
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Key stats
Related
About
- Industry (SIC)
- BLANK CHECKS (6770)
- Exchange
- XNAS
- Market Cap
- $0.4B
- List Date
- 2025-05-02
- CIK
- 0002034269
- Headquarters
- New York, NY
Cantor Equity Partners II Inc is a blank check company.
Summary
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composite
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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.
Seasonality
Insufficient price history — listed 561 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: $11.77
SMA 50: $12.02
SMA 200: $11.45
Current: $11.93
EMA 12: $11.80
EMA 26: $11.88
MACD: -0.0788 | Signal: 0.1206
BEARISH
ADX (14): 25.02
TREND
+DI: 29.43
−DI: 31.76
Momentum Oscillators
RSI (14): 50.35
NEUTRAL
Stoch %K: 81.85
Stoch %D: 68.96
Williams %R: -45.35
Volume & Volatility
BB Upper: $13.43
BB Lower: $10.10
NEUTRAL
OBV: 19,995,736
Vol SMA 20: 976,368
Vol ROC: -37.40%
ATR: $0.83
True Range: $2.04
HV 20: 96.3%
HV 30: 85.7%
HV 60: 63.9%
Data Summary
Data Points: 292
Last Updated:
Date Range: 2025-05-02T00:00:00 – 2026-07-01T00:00:00
AI Analysis
LLM Stock Analysis Report: CEPT
Executive Summary
Overall assessment: NEUTRAL with confidence level (6/10) Key drivers: Technical indicators suggest a consolidation phase, while news headlines are mixed. Primary risks: Bearish MACD signal, overbought RSI reading, and low institutional interest.
Recent news sentiment impact: Positive headline on Securitize's leadership appointment partially offset by negative M&A investigation report.
Technical Analysis
Trend Direction: Short-term neutral, Medium-term downtrend (SMA 50 below SMA 200), Long-term downtrend
Support/Resistance Levels: Key levels to monitor are SMA 20 ($11.77) and the lower Bollinger Band ($10.10)
Momentum Signals:
- RSI interpretation: Neutral at 50.35, not oversold or overbought
- MACD signal: Bearish due to recent crossover below signal line
- Bollinger Bands position: Squeeze, indicating potential breakout
Volume Analysis: Volume has been declining since mid-March, suggesting decreasing institutional interest
News & Sentiment Analysis
Recent Headlines Summary: Mixed news sentiment with one positive and one negative headline
Sentiment Assessment: Neutral due to conflicting headlines (Positive: 1, Negative: 1)
Catalyst Identification: No upcoming earnings or significant events announced
Market Narrative: Recent price action suggests a consolidation phase, with technical signals suggesting potential for further downside
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.45)
Volatility Regime: Stock volatility is currently low (0.45) compared to historical levels
Options Market Signals: No options data available for analysis
Downside Protection: SMA 20 ($11.77) and lower Bollinger Band ($10.10) provide support in case of a further decline
Market Context & Positioning
Sector Performance: CEPT is underperforming its sector peers (S&P 500: -2.4%, Nasdaq: -3.5%)
Institutional Activity: Volume has been declining, suggesting decreasing institutional interest
Correlation Analysis: Stock moves less than the market (R-squared = 0.13)
Relative Valuation: CEPT is trading within its historical range, with no clear valuation anchors
Key Levels & Action Items
Critical Price Levels: SMA 20 ($11.77) and lower Bollinger Band ($10.10) are key support levels to monitor
Breakout/Breakdown Levels: A break above the upper Bollinger Band ($13.43) could signal a potential uptrend, while a break below the SMA 20 ($11.77) could indicate further downside
Time-Sensitive Catalysts: No significant events or earnings announcements scheduled
Risk Management: Consider using stop-loss levels at SMA 20 ($11.77) and lower Bollinger Band ($10.10) to manage potential risks
Generated
News
All CEPT news →
CEPT Options Activity & IV Rank
Loading options activity...
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
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.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
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 →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 3rd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
3%
vs own history
GEX tilt
+0.87
OI-weighted, today
Vanna tilt
+0.79
δ-sensitivity to IV
Charm tilt
-0.90
δ-decay vs time
Vanna tilt +0.79: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.90: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Put vs ATM
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.
Risk Reversal
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.
Call vs ATM
IV(call wing) − IV(ATM), in vol pointsThe same measure on the upside: how the OTM call is priced against the at-the-money strike.
- Negative (typical) — calls trade below ATM for most stocks and indices, so the sign alone says little.
- Percentile vs own history: high = upside calls unusually rich for this name (squeezes, takeover talk, commodity supply scares); low = calls cheaper than usual.
Reading them together
Put or call vs ATM tells you how expensive that tail is. 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 put
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—
pts
EXTREME
ATM — / Put —
30 DTE / 10d put
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—
pts
EXTREME
ATM — / Put —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Insufficient price history — listed 561 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.
Notable investors who own CEPT
1 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $1.7M | #3121 of 6285 | new | 13F |
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
CEPT Institutional Ownership (13F)
Filings for 2026-06-30Institutional 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.
6 filers$11.94M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Governors Lane LP | $5.37M | 44.96% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $3.26M | 27.29% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $1.82M | 15.21% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $837.41K | 7.01% | 2026-06-30 |
| 5 | Susquehanna International Group, LLP Custodian | $605.24K | 5.07% | 2026-06-30 |
| 6 | Ionic Capital Management LLC | $53.68K | 0.45% | 2026-06-30 |
4 filers$1.15M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $713.94K | 62.08% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $222.77K | 19.37% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $171.78K | 14.94% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $41.60K | 3.62% | 2026-06-30 |
CEPT Insider Trading (Form 4)
Latest: 2025-10-06Form 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 |
|---|---|---|---|---|---|---|---|
| 2025-10-06 | Brandon Lutnick | Chairman and CEO | Buy (P) | +580,000 | — | EDGAR | |
| 2025-10-06 | Howard W Lutnick | 10%+ Owner | Sell (S) | −580,000 | — | EDGAR | |
| 2025-05-06 | CF GROUP MANAGEMENT INC | 10%+ Owner | Buy (P) | +580,000 | $10.00 | $5.80M | 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.
CEPT Insider Holdings
2 insiders · @ $11.93
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 | CF GROUP MANAGEMENT INC | 10%+ Owner | 580,000 | $6.92M | $5.80M | 1 | 2025-05-06 |
| 2 | Brandon Lutnick | Chairman and CEO | 580,000 | $6.92M | $0 | 1 | 2025-10-06 |
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.
CEPT Board & Officers
As of SEC filings through May 8, 2026Directors 2
- Robert Guy Sharp · since Aug 4, 2025
- Mukesh Prasad · since May 8, 2026
10% owners 1
- Brandon Lutnick · listed since Oct 2025
Changes in the last 10 years (16)
| Jul 8, 2026 | The company announced the departure of Jane Novak as Chief Financial Officer in an SEC filing |
| Jul 8, 2026 | The company announced the departure of Brandon Lutnick from the board in an SEC filing |
| Jul 8, 2026 | The company announced the departure of Brandon Lutnick as Chairman and CEO in an SEC filing |
| May 8, 2026 | Mukesh Prasad became a director |
| Oct 6, 2025 | Howard W Lutnick reported in an SEC filing no longer being a 10% owner |
| Oct 6, 2025 | Brandon Lutnick first listed as a 10% owner in an SEC filing |
| Aug 4, 2025 | Robert Guy Sharp became a director |
| May 1, 2025 | Louis R. Zurita became a director |
| May 1, 2025 | L. P. Cantor Fitzgerald became a 10% owner |
| May 1, 2025 | Jane Novak became Chief Financial Officer |
| May 1, 2025 | Howard W Lutnick became a 10% owner |
| May 1, 2025 | Danny Salinas became a director |
| May 1, 2025 | Cf Group Management Inc became a 10% owner |
| May 1, 2025 | Cantor EP Holdings II, LLC became a 10% owner |
| May 1, 2025 | Brandon Lutnick became a director |
| May 1, 2025 | Brandon Lutnick became Chairman and CEO |
Not reported recently (5)
- Cantor EP Holdings II, LLC · Last reported as a 10% owner in an SEC filing dated May 6, 2025
- L. P. Cantor Fitzgerald · Last reported as a 10% owner in an SEC filing dated May 6, 2025
- Cf Group Management Inc · Last reported as a 10% owner in an SEC filing dated May 6, 2025
- Danny Salinas · Last reported as a director in an SEC filing dated May 1, 2025
- Louis R. Zurita · Last reported as a director in an SEC filing dated May 1, 2025
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
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TTM Diluted EPS
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TTM Revenue
—
TTM Net Income
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TTM Op. Cash Flow
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CEPT vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| CCCX Churchill Capital Corp X Class A Ordinar | $711M | — | — | −19.1% | — |
| DMII Drugs Made In America Acquisition II Cor | $653M | — | — | +3.4% | — |
| EVAC EQV Ventures Acquisition Corp. II | $606M | — | — | +3.4% | — |
| BCSS Bain Capital GSS Investment Corp. | $598M | — | — | +1.5% | — |
| CEPF Cantor Equity Partners IV, Inc. Class A | $590M | — | — | −0.1% | — |
| CXII Churchill Capital Corp XII Class A Ordin | $582M | — | — | +3.9% | — |
| AEXA American Exceptionalism Acquisition Corp | $532M | — | — | −5.6% | 24 |
| CAEP Cantor Equity Partners III, Inc. Class A | $526M | — | — | +46.9% | — |
| CEPT Cantor Equity Partners II, Inc. Class A | $410M | — | — | +6.0% | — |
| Peer median | $594M | — | — | +2.4% | 24 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
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
483.08K
SI % of Float
2.01%
Days to Cover
1.00
Short Vol Ratio
—
Free Float
24.00M
Float %
97.6%
Short interest 2026-06-30 • Float 2026-03-06