This Is What Whales Are Betting On B. Riley Financial

Financial giants have made a conspicuous bearish move on B. Riley Financial. Our analysis of options history for B. Riley Financial RILY revealed 16 unusual trades.

Delving into the details, we found 43% of traders were bullish, while 56% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $658,625, and 2 were calls, valued at $59,035.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $30.0 for B. Riley Financial over the recent three months.

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 $10.0 to $30.0, over the past month.

B. Riley Financial Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
RILY PUT SWEEP BEARISH 02/16/24 $22.50 $81.9K 3.9K 763
RILY PUT SWEEP BEARISH 02/16/24 $22.50 $81.9K 3.9K 313
RILY PUT TRADE BULLISH 03/15/24 $10.00 $65.0K 14.3K 832
RILY PUT TRADE BEARISH 01/17/25 $15.00 $65.0K 409 100
RILY PUT SWEEP NEUTRAL 02/23/24 $25.00 $64.5K 0 0

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.

Having examined the options trading patterns of B. Riley Financial, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of B. Riley Financial

  • Trading volume stands at 809,313, with RILY's price down by -2.4%, positioned at $20.34.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 13 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest B. Riley Financial options trades with real-time alerts from Benzinga Pro.

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RILYB. Riley Financial Inc
$2.950.70%

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Edge Rankings
Momentum
4.51
Growth
2.04
Quality
Not Available
Value
38.35
Price Trend
Short
Medium
Long
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