SDEV Stablecoin Development Corporation
XASE
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.

- Industry (SIC)
- PHARMACEUTICAL PREPARATIONS (2834) · industry map
- Exchange
- XASE
- Market Cap
- $0.1B
- Employees
- 4
- List Date
- 2000-04-26
- CIK
- 0001389545
- Next Earnings
- 2026-11-06
- Headquarters
- West Palm Beach, FL
- Homepage
- https://www.stabledev.com
Stablecoin Development Corp is an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems. The Company's initial digital asset focus is the Sky protocol ecosystem, with SKY as its core holding. Through staking and other on-chain activities, the Company seeks to generate protocol-level economic returns while maintaining rigorous governance and risk management oversight.
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.
| Month | '26 | Avg |
|---|---|---|
| Jan | -- | -- |
| Feb | -- | -- |
| Mar | -- | -- |
| Apr | -34.04% | -34.04% |
| May | -3.05% | -3.05% |
| Jun | -13.22% | -13.22% |
| Jul | 9.00% | 9.00% |
| Aug | -14.85% | -14.85% |
| Sep | 201.23% | 201.23% |
| Oct | -74.59%* | -74.59% |
| Nov | -- | -- |
| Dec | -- | -- |
| Total | -60.58% | -60.58% |
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: SDEV
Executive Summary
Overall Assessment: NEUTRAL with a confidence level of 6/10.
Key Drivers: Stable technical indicators, low volatility, and negative news sentiment.
Primary Risks: Potential for further decline based on recent news headlines and regulatory issues.
2-3 Sentence Investment Thesis: SDEV is trading within a range, with limited upward momentum. While the stock has some attractive fundamental characteristics, the recent negative news and regulatory concerns may continue to weigh on the price.
Recent News Sentiment Impact: The negative news sentiment from the recent law firm announcements may be impacting the stock price, contributing to the downward trend.
Technical Analysis
Trend Direction: Short-term: NEUTRAL (range-bound), Medium-term: BEARISH (decline), Long-term: NEUTRAL (sideways trend).
Support/Resistance Levels: Key levels include:
- SMA 20: $1.11 (support)
- EMA 12: $1.06 (resistance)
Momentum Signals:
- RSI (14): 40.63 (neutral)
- MACD: -0.06 / Signal: -0.01 / Histogram: -0.05 (bearish)
Volume Analysis: Volume has been decreasing, indicating a lack of institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: Recent news headlines suggest regulatory issues and law firm investigations, which may be impacting the stock price.
Sentiment Assessment: The sentiment is overwhelmingly NEGATIVE, driven by the recent news headlines.
Catalyst Identification: No immediate catalysts are present; however, future earnings or product launches could impact the stock price.
Risk & Volatility Assessment
Beta Interpretation: SDEV has a beta of 0.40, indicating that it moves less than the market (low risk).
Volatility Regime: The stock is experiencing low volatility (1.02), which may indicate a lack of excitement or interest in the stock.
Options Market Signals: No options data available; however, the IV premium vs HV30 suggests that implied volatility is lower than realized volatility.
Market Context & Positioning
Sector Performance: SDEV's sector has been performing relatively poorly compared to the broader market.
Institutional Activity: Institutional interest appears to be waning based on decreasing volume trends.
Correlation Analysis: The stock has a low correlation (0.05) with the broader market, indicating that it may not follow the overall trend as closely.
Relative Valuation: SDEV is trading within its historical range, suggesting that it may not be significantly over- or undervalued at this time.
Key Levels & Action Items
Critical Price Levels: SMA 20: $1.11 (support) and EMA 12: $1.06 (resistance)
Breakout/Breakdown Levels: No immediate breakout/breakdown levels are present; however, a move above or below the SMAs or EMAs could trigger further price action.
Time-Sensitive Catalysts: Future earnings or product launches may impact the stock price.
Risk Management: A stop-loss level of $0.94 (lower Bollinger Band) and position sizing considerations should be taken into account to manage risk.
Note: This analysis is based on the provided data and does not take into account any other factors that may be relevant to the stock's performance.
SDEV Options Activity & IV Rank
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.
Risk Metrics
Analysis Details
Data Points: 141
Period: 252 trading days
High volatility - stock moves more than market
SDEV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional 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.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
SDEV Insider Trading (Form 4)
Latest: 2026-06-17| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-06-17 | R01 Capital Manager LLC | 10%+ Owner | Mixed | +45,229,200 | $0.00 | $1.0K | EDGAR |
| 2026-06-17 | Michael John Kazley | Chief Executive Officer | Mixed | +11,307,300 | $0.00 | $252 | EDGAR |
| 2026-06-17 | Framework Ventures IV GP LLC | 10%+ Owner | Mixed | +56,536,500 | $0.00 | $1.3K | EDGAR |
| 2026-05-19 | Michael John Kazley | Chief Executive Officer | Buy (P) | +53,679,974 RSU | — | EDGAR | |
| 2026-05-19 | Framework Ventures Management LLC | 10%+ Owner | Buy (P) | +250,546,265 RSU | — | EDGAR | |
| 2026-05-19 | R01 Capital Manager LLC | 10%+ Owner | Buy (P) | +214,719,896 RSU | — | EDGAR | |
| 2026-04-21 | Paul E. Freiman | Director | Grant (A) | +140,000 RSU | — | EDGAR | |
| 2026-04-09 | Yenyou Zheng | Director | Grant (A) | +140,000 RSU | — | EDGAR | |
| 2026-04-08 | Tommy Law | Chief Financial Officer | Grant (A) | +300,000 RSU | — | EDGAR |
SDEV Insider Holdings
3 insiders · @ $0.93| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Michael John Kazley | Chief Executive Officer | 22,693,236 | $21.10M | -$26.9K | 2 | 2026-06-17 |
| 2 | Framework Ventures IV GP LLC | 10%+ Owner | 22,693,236 | $21.10M | -$134.7K | 1 | 2026-06-17 |
| 3 | R01 Capital Manager LLC | 10%+ Owner | 22,668,516 | $21.08M | -$107.8K | 2 | 2026-06-17 |
SDEV Board & Officers
As of SEC filings through Sep 8, 2026Directors 6
- Paul E. Freiman · since Oct 24, 2007
- Yenyou Zheng · since Sep 11, 2019
- Swan Sit · since Dec 17, 2019
- R01 Fund LP (entity) · listed since Nov 2025
- Michael John Kazley · listed since Jun 2026
- David Garcia Rios · since Sep 2, 2026
Officers 4
- R01 Fund LP (entity) · Chief Executive Officer · listed since Nov 2025
- Michael John Kazley · Chief Executive Officer · listed since Jun 2026
- Tommy Law · Interim CFO · since Feb 16, 2023
- Henry Blynn · Chief Operating Officer · since Jul 15, 2026
10% owners 9
- Framework Ventures IV GP LLC (entity) · since Oct 9, 2025
- Framework Ventures IV L.P. (entity) · since Oct 9, 2025
- Framework Ventures Management LLC (entity) · since Oct 9, 2025
- Michael Ernest Anderson · since Oct 9, 2025
- Michael John Kazley · since Oct 9, 2025
- R01 Capital LLC (entity) · since Oct 9, 2025
- R01 Capital Manager LLC (entity) · since Oct 9, 2025
- R01 Fund LP (entity) · since Oct 9, 2025
- Vance Spencer · since Oct 9, 2025
Changes in the last 10 years (64)
| Sep 2, 2026 | David Garcia Rios became a director |
| Jul 15, 2026 | Henry Blynn became Chief Operating Officer |
| Jun 17, 2026 | Michael John Kazley first listed as a director in an SEC filing |
| Jun 17, 2026 | Michael John Kazley first listed as Chief Executive Officer in an SEC filing |
| May 19, 2026 | Michael John Kazley no longer listed as a director in SEC filings |
| May 19, 2026 | Michael John Kazley no longer listed as Chief Executive Officer in SEC filings |
| Jan 29, 2026 | David E. Lazar reported in an SEC filing no longer being a director |
| Jan 29, 2026 | David E. Lazar reported in an SEC filing no longer being a 10% owner |
| Jan 29, 2026 | David E. Lazar reported in an SEC filing no longer being Chief Executive Officer |
| Nov 3, 2025 | R01 Fund LP first listed as a director in an SEC filing |
| Nov 3, 2025 | R01 Fund LP first listed as Chief Executive Officer in an SEC filing |
| Oct 16, 2025 | The company announced the departure of Yongxiang Zheng from the board in an SEC filing |
| Oct 16, 2025 | The company announced the departure of Mijia Wu from the board in an SEC filing |
| Oct 16, 2025 | The company announced the departure of Julie Garlikov from the board in an SEC filing |
| Oct 9, 2025 | Vance Spencer became a 10% owner |
| Oct 9, 2025 | R01 Fund LP became a 10% owner |
| Oct 9, 2025 | R01 Capital Manager LLC became a 10% owner |
| Oct 9, 2025 | R01 Capital LLC became a 10% owner |
| Oct 9, 2025 | Michael John Kazley became a director |
| Oct 9, 2025 | Michael John Kazley became a 10% owner |
| Oct 9, 2025 | Michael John Kazley became Chief Executive Officer |
| Oct 9, 2025 | Michael Ernest Anderson became a 10% owner |
| Oct 9, 2025 | Framework Ventures Management LLC became a 10% owner |
| Oct 9, 2025 | Framework Ventures IV L.P. became a 10% owner |
| Oct 9, 2025 | Framework Ventures IV GP LLC became a 10% owner |
| Aug 19, 2025 | David E. Lazar became a director |
| Aug 19, 2025 | David E. Lazar became a 10% owner |
| Aug 19, 2025 | David E. Lazar became Chief Executive Officer |
| Jan 10, 2025 | Poplar Point Capital Partners LP became a 10% owner |
| Jan 10, 2025 | Poplar Point Capital Management LLC became a 10% owner |
| Jan 10, 2025 | Poplar Point Capital Gp LLC became a 10% owner |
| Jan 10, 2025 | Jad Fakhry became a 10% owner |
| Jul 6, 2023 | The company announced the departure of Jeffrey Kunin as President, DERMAdoctor, LLC in an SEC filing |
| Jun 29, 2023 | The company announced the departure of Audrey Kunin as Chief Product Officer in an SEC filing |
| Feb 16, 2023 | Tommy Law became Interim CFO |
| Feb 15, 2023 | Andrew D. Jones left as CFO, per their own SEC filing |
| Dec 5, 2022 | Audrey Kunin no longer listed as a director in SEC filings |
| Sep 16, 2022 | Audrey Kunin first listed as a director in an SEC filing |
| Jan 27, 2022 | Yongxiang Zheng became a director |
| Jan 27, 2022 | Julie Garlikov became a director |
| Jan 26, 2022 | The company announced the departure of Justin Hall from the board in an SEC filing |
| Jan 26, 2022 | The company announced the departure of Justin Hall as CEO, GC and Director in an SEC filing |
| Jan 24, 2022 | The company announced the departure of Xinzhou Li from the board in an SEC filing |
| Dec 6, 2021 | Justin Hall listed as CEO, GC and Director (previously SVP, General Counsel) in SEC filings |
| Dec 6, 2021 | Justin Hall first listed as a director in an SEC filing |
| Nov 5, 2021 | Jeffrey Kunin became President, DERMAdoctor, LLC |
| Nov 5, 2021 | Audrey Kunin became Chief Product Officer |
| Aug 24, 2020 | Xiaopei Wang reported in an SEC filing no longer being a director |
| Aug 24, 2020 | Andrew D. Jones listed as CFO (previously CFO and Treasurer) in SEC filings |
| Aug 4, 2020 | Jian Ping Fu reported in an SEC filing no longer being a 10% owner |
| May 4, 2020 | Andrew D. Jones became CFO and Treasurer |
| Dec 31, 2019 | Wang Xu became NEO - Sr Mgr and Controller |
| Dec 17, 2019 | Swan Sit became a director |
| Sep 11, 2019 | Yenyou Zheng became a director |
| Aug 6, 2019 | Mark M Sieczkarek reported in an SEC filing no longer being a director |
| Aug 6, 2019 | Mark M Sieczkarek reported in an SEC filing no longer being CEO |
| Jul 20, 2019 | Xiaopei Wang became a director |
| Mar 8, 2019 | Jason Philip Raleigh became Interim CFO and Treasurer |
| Mar 21, 2018 | Yanbin Liu became a director |
| Dec 1, 2017 | Lewis J Stuart became Chief Commercial Officer |
| Jul 17, 2017 | John Joseph McGovern became CFO and Treasurer |
| Jul 7, 2017 | Xinzhou Li first listed as a director in an SEC filing |
| Jul 7, 2017 | Xinzhou Li first listed as a 10% owner in an SEC filing |
| Jan 26, 2017 | Justin Hall listed as SVP, General Counsel (previously General Counsel) in SEC filings |
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Not reported recently (16)
- Poplar Point Capital Gp LLC · Last reported as a 10% owner in an SEC filing dated Apr 15, 2025
- Poplar Point Capital Management LLC · Last reported as a 10% owner in an SEC filing dated Apr 15, 2025
- Poplar Point Capital Partners LP · Last reported as a 10% owner in an SEC filing dated Apr 15, 2025
- Jad Fakhry · Last reported as a 10% owner in an SEC filing dated Apr 15, 2025
- Xinzhou Li · Last reported as a 10% owner in an SEC filing dated May 25, 2021
- Wang Xu · Last reported as NEO - Sr Mgr and Controller in an SEC filing dated Aug 24, 2020
- Todd Erik Zavodnick · Last reported as a director in an SEC filing dated Oct 30, 2019
- Gail J Maderis · Last reported as a director in an SEC filing dated Oct 28, 2019
- Jason Philip Raleigh · Last reported as Interim CFO and Treasurer in an SEC filing dated Oct 28, 2019
- Pioneer Pharma (Hong Kong) Co Ltd · Last reported as a 10% owner in an SEC filing dated Jun 13, 2019
- John Joseph McGovern · Last reported as CFO and Treasurer in an SEC filing dated Oct 11, 2018
- Yonghao Ma · Last reported as a director in an SEC filing dated Jun 4, 2018
- Yanbin Liu · Last reported as a director in an SEC filing dated Jun 4, 2018
- Lewis J Stuart · Last reported as Chief Commercial Officer in an SEC filing dated Jan 8, 2018
- Thomas J Paulson · Last reported as CFO in an SEC filing dated Jan 26, 2017
- Xiaoyan Liu · Last reported as a director in an SEC filing dated Jan 4, 2017
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.
- 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.
- 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.