Financial giants have made a conspicuous bearish move on B. Riley Financial. Our analysis of options history for B. Riley Financial RILY revealed 9 unusual trades.
Delving into the details, we found 11% of traders were bullish, while 88% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $267,455, and 2 were calls, valued at $60,017.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $25.0 for B. Riley Financial over the recent three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in B. Riley Financial's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to B. Riley Financial's substantial trades, within a strike price spectrum from $20.0 to $25.0 over the preceding 30 days.
B. Riley Financial 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RILY | PUT | TRADE | BULLISH | 05/17/24 | $3.5 | $3.2 | $3.31 | $20.00 | $76.1K | 3.1K | 51 |
| RILY | PUT | SWEEP | BEARISH | 04/26/24 | $1.65 | $1.45 | $1.65 | $21.00 | $37.2K | 140 | 255 |
| RILY | PUT | SWEEP | BEARISH | 04/26/24 | $1.7 | $1.55 | $1.55 | $21.00 | $35.2K | 140 | 255 |
| RILY | CALL | TRADE | BEARISH | 05/17/24 | $3.4 | $3.1 | $3.2 | $20.00 | $32.0K | 762 | 30 |
| RILY | PUT | SWEEP | BEARISH | 04/26/24 | $2.9 | $2.4 | $2.45 | $22.00 | $31.3K | 383 | 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.
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.
Current Position of B. Riley Financial
- Trading volume stands at 192,897, with RILY's price down by 0.0%, positioned at $20.46.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 14 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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