VLT Invesco High Income Trust II

XNYS
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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.

VLT — —
Key stats
About
Exchange
XNYS
Market Cap
$0.1B
List Date
1989-04-21
CIK
0000846671
Homepage
https://www.invesco.com

Invesco High Income Trust II is a diversified, closed-end management investment company. Its investment objective is to provide high current income, while seeking to preserve shareholders' capital through investment in a professionally managed, diversified portfolio of high-income producing fixed-income securities.

Fund profile
Options Income Covered Call Invesco Actively managed
Sells options for income. Distributions can exceed what the strategy earns, in which case part of the payout is the fund's own capital. Compare the distribution rate with the price change in the ETF lab.
Expense ratio
—
Assets
$57M
shares × price, Oct 23, 2026
Trailing yield
—
Average daily volume
$309K
30 sessions
Holdings
—
Listed
Apr 21, 1989
NYSE
FrenzyCap ETF score
22
how it is built
Costn/a
Liquidity16
Scale28
Diversificationn/a

Moves with. US large-cap stocks (20% of its variance, beta 0.31); Gold (4% of its variance, beta 0.05); Developed markets ex-US over US (3% of its variance, beta 0.16). These factors explain 31% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll Covered Call ETFs

Similar funds
FundOverlapFeeAssets1Y
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JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF—0.35%$42.8B+1.2%compare
QQQINEOS Nasdaq 100 High Income ETF—0.68%$14.9B−2.7%compare
SPYINEOS S&P 500 High Income ETF—0.68%$12.4B+1.2%compare
QYLDGlobal X Funds Global X NASDAQ-100 Covered Call ETF—0.60%$8.3B+5.1%compare

The largest other funds in the Covered Call category.

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
'21'22'23'24'25'26Avg
Jan1.41%-4.30%5.97%0.38%-0.72%-0.45%0.38%
Feb-0.29%-7.97%-1.45%0.38%0.91%-2.07%-1.75%
Mar0.58%-3.36%-3.67%0.47%-4.08%-7.34%-2.90%
Apr0.50%-7.35%0.66%-2.52%-2.83%2.19%-1.56%
May1.35%0.17%-3.41%-0.38%2.02%0.57%0.05%
Jun4.73%-9.21%2.94%0.09%2.77%-0.72%0.10%
Jul0.20%8.75%0.09%3.31%0.55%-4.68%1.37%
Aug1.48%-3.92%-1.42%4.66%0.81%-1.20%0.07%
Sep-3.82%-10.53%-4.43%2.44%0.62%-7.76%-3.91%
Oct0.83%1.21%-3.62%-2.65%-0.18%-2.88%*-1.22%
Nov-2.67%5.19%4.79%0.26%0.54%--1.62%
Dec1.70%-4.56%2.26%-3.52%-0.45%---0.91%
Total5.90%-31.88%-1.94%2.63%-0.24%-22.24%-7.96%
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: $8.95
SMA 50: $9.38
SMA 200: $10.23
Current: $8.78
EMA 12: $8.87
EMA 26: $9.04
MACD: -0.1711 | Signal: 0.0072
BEARISH
ADX (14): 54.09
STRONG TREND
+DI: 9.18
−DI: 34.56

Momentum Oscillators

RSI (14): 25.83
OVERSOLD
Stoch %K: 11.21
Stoch %D: 9.45
Williams %R: -81.84

Volume & Volatility

BB Upper: $9.20
BB Lower: $8.70
NEUTRAL
OBV: -180,806
Vol SMA 20: 30,087
Vol ROC: 52.00%
ATR: $0.09
True Range: $0.08
HV 20: 11.1%
HV 30: 11.5%
HV 60: 10.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report: VLT

Executive Summary

BULLISH (confidence level: 6/10)

Key drivers:

  • Recent news headlines highlight strategic investments, operational milestones, and preliminary economic assessments, indicating a strong foundation for future growth.
  • Technical indicators show a consolidation phase with support from moving averages, RSI in neutral territory, and MACD signal line near zero.

Primary risks:

  • Low volatility may indicate limited price movement, potentially leading to lower returns.
  • Earnings data not available, making it challenging to assess the company's financial performance.

Investment thesis: VLT's recent news highlights and technical consolidation suggest a strong foundation for future growth. However, low volatility and lack of earnings data pose risks that need to be carefully considered.

Recent news sentiment impact: Neutral sentiment from recent headlines, with no major surprises or concerns.

Technical Analysis

Trend Direction: Consolidation (short-term), Neutral (medium-term), Bullish (long-term)

Support/Resistance Levels:

  • Upper Bollinger Band: $10.18
  • Middle Line (SMA 50): $10.26
  • Lower Bollinger Band: $9.92

Momentum Signals: RSI (14): 33.79 (neutral) MACD signal line: 0.00 / Histogram: -0.07 (bearish)

Volume Analysis: Volume SMA 20: 29357.66 On-Balance Volume (OBV): 451600.22

News & Sentiment Analysis

Recent Headlines Summary:

  • Volt Lithium's strategic investments, operational milestones, and preliminary economic assessments highlight the company's growth prospects.
  • Neutral sentiment from recent headlines with no major surprises or concerns.

Sentiment Assessment: NEUTRAL

Catalyst Identification: Upcoming events: Live webinar on June 25; product launches and field operations in the Delaware Basin in Texas, USA.

Market Narrative: Recent news aligns with the company's growth prospects, but low volatility poses risks. Technical signals indicate a consolidation phase, which may lead to further price movement.

Risk & Volatility Assessment

Risk Interpretation: Low volatility - stock moves less than market (beta: 0.31)

Volatility Regime:

  • Current volatility: 7.9%
  • Historical volatility: HV20 7.8%, HV30 7.7%, HV60 7.9%

Options Market Signals: IV rank: N/A Put/call ratios: N/A

Downside Protection: Support levels: $9.92 (lower Bollinger Band), $10.05 (SMA 20)

Market Context & Positioning

Sector Performance:

  • Relative strength vs sector/market: Weak

Institutional Activity:

  • Volume patterns suggesting institutional interest: Low volume, indicating limited buying pressure.

Correlation Analysis: R-squared interpretation: Negative correlation with the market.

Relative Valuation: Position within trading range: Neutral

Key Levels & Action Items

Critical Price Levels:

  • Upper Bollinger Band: $10.18
  • Middle Line (SMA 50): $10.26
  • Lower Bollinger Band: $9.92

Breakout/Breakdown Levels:

  • SMA 20: $10.05
  • EMA 12: $10.05

Time-Sensitive Catalysts: Earnings dates, product launches, and field operations in the Delaware Basin in Texas, USA.

Risk Management: Stop-loss levels and position sizing considerations will depend on individual risk tolerance and trading strategy.

This comprehensive analysis highlights VLT's recent news headlines, technical indicators, and risk metrics. The company's growth prospects are evident from its strategic investments and operational milestones, but low volatility poses risks. Investors should carefully consider these factors before making any investment decisions.

Generated
News
All VLT news →
Showing 1–10 of 26
Page 1 of 3

VLT 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: 0.3470
Alpha: -27.81%
Correlation: 0.4707
R-Squared: 22.2%
Stock Volatility: 9.4%
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

VLT 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.

25 filers866,298 shares$8.73M value
# Filer Shares Value % of Total % of Float Period
1 Ameriprise Financial, Inc. Custodian 133,189 $1.39M 15.87% — 2026-06-30
2 Shaker Financial Services, LLC 149,149 $1.36M 15.53% — 2026-09-30
3 Fiera Capital Corp 109,711 $1.14M 13.07% — 2026-06-30
4 Envestnet Asset Management, Inc. 79,609 $827.94K 9.48% — 2026-06-30
5 MELFA WEALTH MANAGEMENT, INC. 73,089 $760.12K 8.71% — 2026-06-30
6 PARK AVENUE SECURITIES LLC 64,755 $673.00K 7.71% — 2026-06-30
7 NewEdge Advisors, LLC 42,688 $443.95K 5.09% — 2026-06-30
8 Cetera Investment Advisers Custodian 31,283 $325.34K 3.73% — 2026-06-30
9 UBS Group AG Custodian 29,836 $310.29K 3.55% — 2026-06-30
10 LPL Financial LLC Custodian 23,170 $240.97K 2.76% — 2026-06-30
11 WOLVERINE ASSET MANAGEMENT LLC 21,841 $227.15K 2.60% — 2026-06-30
12 Mallini Complete Financial Planning LLC 24,888 $226.24K 2.59% — 2026-09-30
13 Uncommon Cents Investing Inc 21,715 $197.39K 2.26% — 2026-09-30
14 Wells Fargo & Company Custodian 13,933 $144.91K 1.66% — 2026-06-30
15 Morgan Stanley Custodian 10,267 $106.78K 1.22% — 2026-06-30
16 INTEGRATED CAPITAL MANAGEMENT, INC. 10,757 $97.78K 1.12% — 2026-09-30
17 OSAIC HOLDINGS, INC. Custodian 9,389 $97.66K 1.12% — 2026-06-30
18 CoreCap Advisors, LLC 9,055 $82.32K 0.94% — 2026-09-30
19 CIBC Private Wealth Group LLC 3,505 $39.15K 0.45% — 2025-12-31
20 Atlantic Union Bankshares Corp 2,524 $26.25K 0.30% — 2026-06-30
21 Axiom Investment Management LLC 1,176 $12.23K 0.14% — 2026-06-30
22 ROTHSCHILD INVESTMENT LLC 373 $3.88K 0.04% — 2026-06-30
23 HIGHLINE WEALTH PARTNERS LLC 250 $2.27K 0.03% — 2026-09-30
24 FIRST HORIZON CORP 100 $1.04K 0.01% — 2026-06-30
25 VALLEY NATIONAL ADVISERS INC 46 $419 <0.01% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

VLT Insider Trading (Form 4)

Latest: 2019-12-17
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
2019-12-17 Saba Capital Management, L.P. 10%+ Owner Disp (D) −1,177,890 $15.13 -$17.82M EDGAR
2019-12-13 Boaz Weinstein 10%+ Owner Sell (S) −12,308 $14.02 -$172.6K EDGAR
2019-12-11 Boaz Weinstein 10%+ Owner Sell (S) −77,496 $14.03 -$1.09M EDGAR
2019-01-15 Boaz Weinstein 10%+ Owner Buy (P) +8,300 $13.48 $111.9K EDGAR
2019-01-11 Saba Capital Management, L.P. 10%+ Owner Buy (P) +170,284 $13.40 $2.28M EDGAR
2019-01-09 Saba Capital Management, L.P. 10%+ Owner Buy (P) +600 $13.08 $7.8K EDGAR
2019-01-04 Saba Capital Management, L.P. 10%+ Owner Buy (P) +10,200 $12.51 $127.6K EDGAR
2018-12-31 Boaz Weinstein 10%+ Owner Buy (P) +8,032 $12.34 $99.1K EDGAR
2018-12-27 Boaz Weinstein 10%+ Owner Buy (P) +18,302 $12.24 $223.9K EDGAR
2018-12-19 Saba Capital Management, L.P. 10%+ Owner Buy (P) +2,180 $12.88 $28.1K EDGAR
2018-02-28 Joseph S Portera Sell (S) −800 $14.09 -$11.3K EDGAR
2017-07-07 Joseph S Portera Sell (S) −500 $15.01 -$7.5K EDGAR
2017-01-10 Suzanne Woolsey — — — EDGAR
2017-01-10 Albert R Dowden — — — EDGAR
2016-02-03 Hugo Sonnenschein — — — 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.
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.