Notable Friday Option Activity: BRZE, DOCN, APLS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Braze Inc (Symbol: BRZE), where a total volume of 4,496 contracts has been traded thus far today, a contract volume which is representative of approximately 449,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of BRZE's average daily trading volume over the past month, of 789,930 shares. Especially high volume was seen for the $40 strike call option expiring September 20, 2024, with 977 contracts trading so far today, representing approximately 97,700 underlying shares of BRZE. Below is a chart showing BRZE's trailing twelve month trading history, with the $40 strike highlighted in orange:

DigitalOcean Holdings Inc (Symbol: DOCN) saw options trading volume of 7,803 contracts, representing approximately 780,300 underlying shares or approximately 55.4% of DOCN's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $37.50 strike call option expiring October 18, 2024, with 4,648 contracts trading so far today, representing approximately 464,800 underlying shares of DOCN. Below is a chart showing DOCN's trailing twelve month trading history, with the $37.50 strike highlighted in orange:

And Apellis Pharmaceuticals Inc (Symbol: APLS) options are showing a volume of 6,740 contracts thus far today. That number of contracts represents approximately 674,000 underlying shares, working out to a sizeable 54.9% of APLS's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $45 strike call option expiring September 20, 2024, with 5,844 contracts trading so far today, representing approximately 584,400 underlying shares of APLS. Below is a chart showing APLS's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for BRZE options, DOCN options, or APLS options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

• Top Ten Hedge Funds Holding NTC
• Institutional Holders of PQIN
• Funds Holding HBAN

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