Behind the Scenes of B. Riley Financial's Latest Options Trends

Investors with significant funds have taken a bearish position in B. Riley Financial RILY, a development that retail traders should be aware of.

This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in RILY usually indicates foreknowledge of upcoming events.

Today, Benzinga's options scanner identified 9 options transactions for B. Riley Financial. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 33% being bullish and 66% bearish. Of all the options we discovered, 8 are puts, valued at $444,608, and there was a single call, worth $30,780.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.5 to $27.5 for B. Riley Financial during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for B. Riley Financial's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across B. Riley Financial's significant trades, within a strike price range of $7.5 to $27.5, over the past month.

B. Riley Financial Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

About B. Riley Financial

B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.

In light of the recent options history for B. Riley Financial, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of B. Riley Financial

• Currently trading with a volume of 214,583, the RILY's price is up by 0.28%, now at $19.91.
• RSI readings suggest the stock is currently may be oversold.
• Anticipated earnings release is in 23 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for B. Riley Financial, Benzinga Pro gives you real-time options trades alerts.