What exactly do you mean when you say he was "still psychotic" after a week of Invega (or a week post-Invega increase)? As pointed out, it takes a while to reap the full benefits of an antipsychotic. At least 2-4 weeks. So yes, he should still have some psychosis unless your intent is to completely zombify him, which is valid in cases of danger (or if you are an old school Top Gun psychiatrist who believes in carpet bombing dopamine receptors until EPS happens to find the danger zone, and then pull back the dose).
The question is to what degree of psychosis was he experiencing. Was he on the verge of following command AVH to hurt himself or others, unable to distinguish AVH from reality, etc? Or was he merely complaining of residual voices while the Invega was just starting to kick in? If it's the latter case, then watchful waiting and encouraging distress tolerance at the current dose may be useful.
Also, was there Invega oral overlap? The manufacturer says none required. Which is ok, as long as you and the patient can tolerate the residual psychosis while the LAI kicks in.
As for Zyprexa 5 mg, I'd rip the Band Aid off. He can self-monitor and hold on to a bottle as a transitional object, if it makes everyone feel better. I wouldn't even consider Zyprexa 2.5 mg, which is the equivalent of throwing a ping pong ball at a charging borderline buffalo.