Financial giants have made a conspicuous bullish move on B. Riley Financial. Our analysis of options history for B. Riley Financial RILY revealed 11 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $1,704,268, and 2 were calls, valued at $110,500.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $30.0 for B. Riley Financial during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of B. Riley Financial stands at 1868.75, with a total volume reaching 1,673.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in B. Riley Financial, situated within the strike price corridor from $10.0 to $30.0, throughout the last 30 days.
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 | BEARISH | 07/19/24 | $12.0 | $10.8 | $12.0 | $30.00 | $598.8K | 1.7K | 21 |
| RILY | PUT | TRADE | BEARISH | 07/19/24 | $11.9 | $11.6 | $11.9 | $30.00 | $592.6K | 1.7K | 1.1K |
| RILY | PUT | SWEEP | BEARISH | 10/18/24 | $1.55 | $1.0 | $1.55 | $10.00 | $145.7K | 3.2K | 60 |
| RILY | PUT | SWEEP | BULLISH | 07/19/24 | $5.0 | $4.4 | $4.4 | $22.50 | $96.8K | 2.5K | 38 |
| RILY | CALL | SWEEP | BEARISH | 01/17/25 | $3.7 | $2.05 | $2.05 | $30.00 | $81.9K | 1.3K | 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 segment, and Consumer products segment.
B. Riley Financial's Current Market Status
- Currently trading with a volume of 405,815, the RILY's price is up by 1.26%, now at $18.15.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 19 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
