Financial giants have made a conspicuous bullish move on B. Riley Financial. Our analysis of options history for B. Riley Financial RILY revealed 12 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $245,929, and 7 were calls, valued at $623,550.
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 $15.0 to $32.5 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 $15.0 to $32.5, over the past month.
B. Riley Financial Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RILY | CALL | SWEEP | BULLISH | 04/19/24 | $20.00 | $180.0K | 4.8K | 3.6K |
| RILY | CALL | SWEEP | BULLISH | 04/19/24 | $20.00 | $161.9K | 4.8K | 1.1K |
| RILY | CALL | SWEEP | BEARISH | 04/19/24 | $20.00 | $120.0K | 4.8K | 4.6K |
| RILY | PUT | SWEEP | BULLISH | 04/19/24 | $20.00 | $100.4K | 13.8K | 1.1K |
| RILY | CALL | TRADE | NEUTRAL | 01/17/25 | $27.50 | $68.8K | 540 | 18 |
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.
Where Is B. Riley Financial Standing Right Now?
- With a volume of 813,560, the price of RILY is up 7.8% at $20.45.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 35 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for B. Riley Financial with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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