Bearish flow noted in B Riley Financial with 19,246 puts trading, or 3x expected. Most active are Aug-24 5 puts and 8/23 weekly 2.5 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 5.43, while ATM IV is up nearly 47 points on the day. Earnings are expected on August 20th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RILY:
