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

Investors with significant funds have taken a bullish 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 10 options transactions for B. Riley Financial. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 50% being bullish and 50% bearish. Of all the options we discovered, 9 are puts, valued at $307,675, and there was a single call, worth $26,500.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $11.0 to $25.0 for B. Riley Financial over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for B. Riley Financial's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of B. Riley Financial's whale trades within a strike price range from $11.0 to $25.0 in the last 30 days.

B. Riley Financial Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

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.

Present Market Standing of B. Riley Financial

• Trading volume stands at 626,458, with RILY's price down by -0.12%, positioned at $15.65.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 3 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.