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 14 trades.
If we consider the specifics of each trade, it is accurate to state that 21% of the investors opened trades with bullish expectations and 71% with bearish.
From the overall spotted trades, 12 are puts, for a total amount of $586,401 and 2, calls, for a total amount of $84,182.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $4.0 to $12.5 for B. Riley Financial during the past quarter.
Volume & Open Interest Development
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 $4.0 to $12.5 in the last 30 days.
B. Riley Financial Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RILY | PUT | SWEEP | BEARISH | 11/15/24 | $1.5 | $1.3 | $1.5 | $5.00 | $77.6K | 1.2K | 1.2K |
| RILY | PUT | SWEEP | BEARISH | 10/04/24 | $2.15 | $2.1 | $2.15 | $7.00 | $75.2K | 3.0K | 518 |
| RILY | PUT | SWEEP | BEARISH | 11/15/24 | $1.55 | $1.35 | $1.45 | $5.00 | $71.7K | 1.2K | 570 |
| RILY | CALL | SWEEP | NEUTRAL | 10/04/24 | $1.35 | $1.1 | $1.24 | $4.00 | $56.6K | 19 | 467 |
| RILY | PUT | SWEEP | BEARISH | 11/15/24 | $1.55 | $1.25 | $1.55 | $5.00 | $56.3K | 1.2K | 958 |
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.
Having examined the options trading patterns of B. Riley Financial, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
B. Riley Financial's Current Market Status
- Currently trading with a volume of 1,727,260, the RILY's price is down by -6.56%, now at $5.05.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 13 days.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
