RILY Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: RILY might rebound as asset sales potentially stabilize financial stress, drawing investor confidence. Recent insider buying and improved strategy execution could favor growth, while high options volatility suggests upcoming price action.




Bearish Case: Continued pressure from unresolved legal matters and high debt may lead RILY to further declines. The current low trading volume hints at potential weak market sentiment, with bearish sentiment amplified by volatility and put trading volume.




Potential Outcomes:

1. Continued decline (60%), driven by legal and operational challenges.

2. Stabilization around $5.50 (25%), if asset sales proceed smoothly.

3. Recovery rally (15%) on improved investor sentiment post-asset sale announcements.




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October 27, 2024


B. Riley Financial Forecast

RILY        B. Riley Financial











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Assets that tend to move strongly with RILY



DAN Forecast + Options Trading Strategies   DAN  Dana (0.8)


DXCM Forecast + Options Trading Strategies   DXCM  Dexcom (0.77)


RIG Forecast + Options Trading Strategies   RIG  Transocean (0.76)


AMBC Forecast + Options Trading Strategies   AMBC  AMBAC Financial (0.76)


HAL Forecast + Options Trading Strategies   HAL  Halliburton (0.75)



Uncorrelated Assets

Assets with little price relationship to RILY



VMC Forecast + Options Trading Strategies   VMC  Vulcan Materials (-0.0)


ALLY Forecast + Options Trading Strategies   ALLY  Ally Financial (-0.0)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (-0.0)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (0.01)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against RILY



PLTR Forecast + Options Trading Strategies   PLTR  Palantir (-0.8)


MANH Forecast + Options Trading Strategies   MANH  Manhattan Associates (-0.81)


CHKP Forecast + Options Trading Strategies   CHKP  Check Point Software Technolgies (-0.82)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.82)


INFY Forecast + Options Trading Strategies   INFY  Infosys (-0.85)









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