StockTwits Trending Alert: Trading recent interest in B. RILEY FINANCIAL INC. COMMON STOCK $RILY

Quantchabot has detected a promising Covered Put trade opportunity for B. RILEY FINANCIAL INC. COMMON STOCK (RILY) for the 20-Jan-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RILY was recently trading at $44.43 and has an implied volatility of 53.39% for this period. Based on an analysis of the options available for RILY expiring on 20-Jan-2023, there is a 32.76% likelihood that the underlying will close within the analyzed range of $30.00-$44.43 at expiration. In this scenario, the average linear return for the trade would be 130.07%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, B. RILEY FINANCIAL INC. COMMON STOCK was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

Trade approach: The recent sentiment change in RILY on StockTwits appears to be significantly negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bearish strategy, the trade would be profitable if B. RILEY FINANCIAL INC. COMMON STOCK closed at or below $65.93 on 20-Jan-2023. Based on our analysis, there is a 82.53% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.