Smart Money Is Betting Big In RILY Options
Portfolio Pulse from Benzinga Insights
Significant options trading activity has been detected for B. Riley Financial (NASDAQ:RILY), with a mix of bullish and bearish sentiment. The trading volume and open interest suggest a focus on a price range between $2.5 and $17.5. The stock is currently down 15.92% at $4.92, and RSI indicators suggest it may be oversold. The next earnings report is expected in 11 days.
August 19, 2024 | 2:30 pm
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B. Riley Financial has seen unusual options trading activity, with a mix of bullish and bearish sentiment. The stock is currently down 15.92% and may be oversold according to RSI indicators. The next earnings report is due in 11 days.
The significant options trading activity suggests that investors are expecting a notable event or change in B. Riley Financial's stock price. The mixed sentiment indicates uncertainty, but the high volume of trades and the stock's current oversold status could lead to volatility. The upcoming earnings report adds to the potential for price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100