Whales with a lot of money to spend have taken a noticeably bearish stance on B. Riley Financial.
Looking at options history for B. Riley Financial RILY we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $171,787 and 5, calls, for a total amount of $605,079.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $25.0 for B. Riley Financial, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for B. Riley Financial options trades today is 3404.8 with a total volume of 10,568.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for B. Riley Financial's big money trades within a strike price range of $20.0 to $25.0 over the last 30 days.
B. Riley Financial 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RILY | CALL | SWEEP | BEARISH | 03/15/24 | $21.50 | $208.8K | 3.3K | 2.1K |
| RILY | CALL | SWEEP | BEARISH | 03/15/24 | $21.50 | $162.0K | 3.3K | 3.1K |
| RILY | CALL | SWEEP | BEARISH | 03/15/24 | $21.50 | $105.5K | 3.3K | 2.6K |
| RILY | CALL | SWEEP | BULLISH | 03/15/24 | $21.50 | $102.7K | 3.3K | 1.1K |
| RILY | PUT | SWEEP | BULLISH | 04/19/24 | $22.50 | $48.0K | 382 | 200 |
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 1,079,815, the price of RILY is down -0.27% at $22.45.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 55 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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