Bullish option flow detected in B Riley Financial with 39,986 calls trading, 4x expected, and implied vol increasing over 10 points to 198.58%. 3/8 weekly 20 calls and 3/8 weekly 23 calls are the most active options, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 0.63. Earnings are expected on May 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on RILY:
- SHAREHOLDER ALERT: Potential Recovery for B. Riley Financial, Inc. (RILY) Investors
- B. Riley Financial reports preliminary Q4 EPS ($2.32) vs. ($2.08) last year
- B. Riley Financial cuts dividend 50% to 50c per share
- B. Riley Financial Reports Preliminary Unaudited Fourth Quarter and Full Year 2023 Results; Declares Quarterly Dividend of $0.50 per share
- B. Riley Financial launches review of strategic alternatives for Great American