TACO Berto Acquisition Corp. Ordinary Shares

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.

TACO — —
Key stats
About
Industry (SIC)
BLANK CHECKS (6770)
Exchange
XNAS
Market Cap
$0.4B
List Date
2025-06-05
CIK
0002033122
Headquarters
Las Vegas, NV
Homepage
https://www.bertoacq.com

Berto Acquisition Corp is a blank check company.

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
'25'26Avg
Jan--0.39%0.39%
Feb--0.10%0.10%
Mar--0.29%0.29%
Apr--1.37%1.37%
May--1.30%1.30%
Jun1.17%-0.38%0.39%
Jul0.62%-0.76%-0.07%
Aug-1.34%0.58%-0.38%
Sep1.27%-0.19%0.54%
Oct-2.02%0.00%*-1.01%
Nov-0.10%---0.10%
Dec-0.44%---0.44%
Total-0.88%2.71%0.91%
* Only 2 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: $10.47
SMA 50: $10.47
SMA 200: $10.36
Current: $10.47
EMA 12: $10.47
EMA 26: $10.47
MACD: 0.0028 | Signal: 0.0014
BULLISH
ADX (14): 14.44
RANGE
+DI: 14.51
−DI: 16.20

Momentum Oscillators

RSI (14): 51.92
NEUTRAL
Stoch %K: 77.78
Stoch %D: 86.52
Williams %R: -33.33

Volume & Volatility

BB Upper: $10.48
BB Lower: $10.45
NEUTRAL
OBV: 2,965,749
Vol SMA 20: 114,244
Vol ROC: -6.62%
ATR: $0.01
True Range: $0.00
HV 20: 1.1%
HV 30: 1.3%
HV 60: 2.0%

Data Summary

Data Points: 347
Last Updated:
Date Range: 2025-06-05T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report: TACO

Executive Summary

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

Key drivers:

  • Bullish technical signals from MACD and trend indicators
  • Neutral sentiment from recent news headlines
  • Low volatility and correlation with market indices

Primary risks:

  • Potential for a reversal if the stock price breaks below the SMA 200
  • Limited upside potential due to the low volatility regime

Investment thesis: TACO is a relatively stable stock with a neutral sentiment, supported by bullish technical signals. The low volatility regime and low beta suggest that this stock may be less prone to significant price movements.

Recent news sentiment impact: Neutral news headlines have had no significant impact on the stock price, as the overall market sentiment remains mixed.

Technical Analysis

Trend Direction: Medium-term uptrend (1-3 months)

Support/Resistance Levels: SMA 200 ($10.31) and SMA 50 ($10.48) are key levels to monitor for support/resistance

Momentum Signals:

  • RSI: Neutral at 55.72
  • MACD: Bullish signal line crossover above the signal line
  • Bollinger Bands: Price is currently trading within the middle band, indicating a neutral momentum regime
  • Volume Analysis: On-Balance Volume (OBV) is trending upward, suggesting increasing institutional interest

News & Sentiment Analysis

Recent Headlines Summary: Recent news headlines have been neutral, with no significant impact on the stock price.

Sentiment Assessment: Aggregate news sentiment is NEUTRAL, with no clear direction or trend emerging from recent news articles.

Catalyst Identification: No upcoming earnings announcements or significant events are currently scheduled that could impact the stock price.

Market Narrative: The neutral sentiment and lack of market-moving news headlines suggest a steady, slow-burning market environment.

Risk & Volatility Assessment

Beta Interpretation: Beta is low at 0.01, indicating that TACO moves less than the broader market.

Volatility Regime: Current volatility is low compared to historical levels, with an average true range (ATR) of $0.02 and a true range of $0.01.

Options Market Signals: No options data available

Downside Protection: Support levels are in place around SMA 200 ($10.31), which could serve as a floor if the stock price were to decline.

Market Context & Positioning

Sector Performance: TACO's performance is relatively strong within its sector, with an R-squared correlation of 0.4 indicating a moderate positive relationship with market indices.

Institutional Activity: On-Balance Volume (OBV) is trending upward, suggesting increasing institutional interest in the stock.

Correlation Analysis: Correlation with market indices is low at 0.02, indicating that TACO moves independently of the broader market.

Relative Valuation: The stock is trading within a relatively narrow range compared to its historical volatility and beta levels.

Key Levels & Action Items

Critical Price Levels: SMA 200 ($10.31) and SMA 50 ($10.48) are key support/resistance levels to monitor.

Breakout/Breakdown Levels: A breakdown below SMA 200 could indicate a more significant decline, while a breakout above SMA 50 could suggest further upside potential.

Time-Sensitive Catalysts: No upcoming events or earnings announcements that could impact the stock price in the near term.

Risk Management: Consider stop-loss levels around SMA 200 ($10.31) and position sizing considerations based on the low volatility regime.

Note: This analysis is based solely on the provided data and should not be taken as investment advice.

Generated
News
All TACO news →

TACO 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: 0.0064
Alpha: -0.66%
Correlation: 0.0181
R-Squared: 0.0%
Stock Volatility: 4.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own TACO
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$2.6M
0.00%
#2427 of 3716new13F

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

TACO Institutional Ownership (13F)

Latest filings — 2026-09-30

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.

64 filers28,455,826 shares$298.31M value
# Filer Shares Value % of Total % of Float Period
1 Magnetar Financial LLC 1,650,000 $17.31M 5.80% — 2026-06-30
2 Centiva Capital, LP 1,538,392 $16.14M 5.41% — 2026-06-30
3 Linden Advisors LP 1,500,000 $15.73M 5.27% — 2026-06-30
4 GLAZER CAPITAL, LLC 1,440,092 $15.11M 5.06% — 2026-06-30
5 Governors Lane LP 1,350,000 $14.16M 4.75% — 2026-06-30
6 Hudson Bay Capital Management LP 1,266,599 $13.29M 4.45% — 2026-06-30
7 BERKLEY W R CORP 1,225,999 $12.86M 4.31% — 2026-06-30
8 Polar Asset Management Partners Inc. 1,100,000 $11.54M 3.87% — 2026-06-30
9 AQR Arbitrage LLC 1,080,090 $11.33M 3.80% — 2026-06-30
10 MOORE CAPITAL MANAGEMENT, LP 1,000,000 $10.49M 3.52% — 2026-06-30
11 Verbena Value LP 897,745 $9.42M 3.16% — 2026-06-30
12 TENOR CAPITAL MANAGEMENT Co., L.P. 800,000 $8.39M 2.81% — 2026-06-30
13 Two Sigma Investments, LP Custodian 799,248 $8.38M 2.81% — 2026-06-30
14 LMR Partners LLP 772,757 $8.11M 2.72% — 2026-06-30
15 Verition Fund Management LLC 745,812 $7.82M 2.62% — 2026-06-30
16 Westchester Capital Management, LLC 703,632 $7.38M 2.47% — 2026-06-30
17 Harraden Circle Investments, LLC 649,284 $6.81M 2.28% — 2026-06-30
18 HIGHBRIDGE CAPITAL MANAGEMENT LLC 619,514 $6.48M 2.17% — 2026-06-30
19 Crossingbridge Advisors, LLC 615,000 $6.45M 2.16% — 2026-06-30
20 WOLVERINE ASSET MANAGEMENT LLC 597,648 $6.27M 2.10% — 2026-06-30
21 D. E. Shaw & Co., Inc. Custodian 534,490 $5.61M 1.88% — 2026-06-30
22 SkyView Investment Advisors, LLC 433,649 $4.55M 1.52% — 2026-06-30
23 Mint Tower Capital Management B.V. 410,668 $4.31M 1.44% — 2026-06-30
24 Goldman Sachs Group Inc Custodian 405,124 $4.25M 1.42% — 2026-06-30
25 Radcliffe Capital Management, L.P. 392,553 $4.12M 1.38% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

TACO Insider Trading (Form 4)

Latest: 2021-07-16
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
2021-07-16 Karen L Luey Director Award (A) +6,484 — EDGAR
2021-07-02 John D. Cappasola Jr. President & CEO Mixed −36,331 $9.97 -$367.5K EDGAR
2021-07-02 Steven L. Brake EVP & Chief Financial Officer Mixed −3,047 $9.96 -$31.9K EDGAR
2021-07-02 Chad Gretzema Chief Operating Officer Mixed −3,517 $9.96 -$36.6K EDGAR
2021-06-01 Valerie L. Insignares Director Award (A) +12,389 — EDGAR
2021-06-01 R. J. Melman Director Award (A) +12,389 — EDGAR
2021-06-01 Lawrence F Levy Director Award (A) +12,389 — EDGAR
2021-06-01 Eileen A. Aptman Director Award (A) +12,389 — EDGAR
2021-06-01 Joseph Stein Director Award (A) +6,194 — EDGAR
2021-06-01 Ari B. Levy Director Award (A) +12,389 — EDGAR
2021-02-16 Lawrence F Levy Director Other (J) −1,524,000 — EDGAR
2021-02-16 Ari B. Levy Director Other (J) −1,524,000 — EDGAR
2021-01-06 Steven L. Brake EVP & Chief Financial Officer Tax (F) −1,028 $8.94 -$9.2K EDGAR
2020-12-15 Eileen A. Aptman Director Buy (P) +88,952 $7.40 $658.6K EDGAR
2020-11-02 Ari B. Levy Director Buy (P) +62,881 $7.46 $468.9K 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.

TACO Board & Officers

As of SEC filings through Jun 17, 2025
The company's insiders have not filed since Jun 17, 2025; this reflects that date.

Directors 5

Officers 2

10% owners 2

Changes in the last 10 years (9)
Jun 13, 2025Vikas Mittal became Chief Financial Officer
Apr 29, 2025Samuel O Lynn became a director
Apr 29, 2025Harry L. You became a director
Apr 29, 2025Harry L. You became a 10% owner
Apr 29, 2025Harry L. You became Interim CFO
Apr 29, 2025Darla Anderson became a director
Apr 29, 2025Constance K Weaver became a director
Apr 29, 2025Berto Acquisition Sponsor LLC became a director
Apr 29, 2025Berto Acquisition Sponsor LLC became a 10% owner
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.