Notable Friday Option Activity: RH, MS, BRZE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in RH (Symbol: RH), where a total volume of 2,778 contracts has been traded thus far today, a contract volume which is representative of approximately 277,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.4% of RH's average daily trading volume over the past month, of 611,230 shares. Especially high volume was seen for the $250 strike put option expiring August 16, 2024, with 140 contracts trading so far today, representing approximately 14,000 underlying shares of RH. Below is a chart showing RH's trailing twelve month trading history, with the $250 strike highlighted in orange:

Morgan Stanley (Symbol: MS) saw options trading volume of 25,105 contracts, representing approximately 2.5 million underlying shares or approximately 45.2% of MS's average daily trading volume over the past month, of 5.6 million shares. Particularly high volume was seen for the $99 strike call option expiring June 14, 2024, with 3,392 contracts trading so far today, representing approximately 339,200 underlying shares of MS. Below is a chart showing MS's trailing twelve month trading history, with the $99 strike highlighted in orange:

And Braze Inc (Symbol: BRZE) options are showing a volume of 3,677 contracts thus far today. That number of contracts represents approximately 367,700 underlying shares, working out to a sizeable 44.3% of BRZE's average daily trading volume over the past month, of 829,570 shares. Particularly high volume was seen for the $40 strike call option expiring June 21, 2024, with 915 contracts trading so far today, representing approximately 91,500 underlying shares of BRZE. Below is a chart showing BRZE's trailing twelve month trading history, with the $40 strike highlighted in orange:

For the various different available expirations for RH options, MS options, or BRZE options, visit StockOptionsChannel.com.

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

Also see:

• Cheap Industrials Shares
• Top Ten Hedge Funds Holding TXTR
• Funds Holding REGI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.