Bullish option flow detected in B Riley Financial with 25,242 calls trading, 7x expected, and implied vol increasing over 15 points to 172.19%. 4/26 weekly 40 calls and 5/3 weekly 32.5 calls are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.29. Earnings are expected on May 2nd.
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- B. Riley says investigation found no involvement with Brian Kahn
