Financial giants have made a conspicuous bearish move on B. Riley Financial. Our analysis of options history for B. Riley Financial RILY revealed 14 unusual trades.
Delving into the details, we found 14% of traders were bullish, while 85% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $487,425, and 7 were calls, valued at $238,419.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $22.5 to $60.0 for B. Riley Financial over the recent three months.
Insights into Volume & Open Interest
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 $22.5 to $60.0, over the past month.
B. Riley Financial 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RILY | PUT | TRADE | BULLISH | 01/17/25 | $14.6 | $11.8 | $12.1 | $37.50 | $240.7K | 74 | 200 |
| RILY | PUT | SWEEP | BEARISH | 10/18/24 | $3.8 | $3.7 | $3.8 | $22.50 | $61.0K | 1.1K | 187 |
| RILY | PUT | SWEEP | BEARISH | 10/18/24 | $3.8 | $2.95 | $3.8 | $22.50 | $54.3K | 1.1K | 607 |
| RILY | CALL | SWEEP | BEARISH | 05/03/24 | $1.45 | $1.3 | $1.3 | $40.00 | $45.8K | 2.5K | 319 |
| RILY | PUT | SWEEP | BEARISH | 10/18/24 | $3.9 | $3.4 | $3.9 | $22.50 | $41.7K | 1.1K | 750 |
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 segment, and Consumer products segment.
After a thorough review of the options trading surrounding B. Riley Financial, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of B. Riley Financial
- Trading volume stands at 676,057, with RILY's price down by -6.46%, positioned at $36.06.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 14 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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