BRZE · Braze, Inc.

Track BRZE — free Ask ALVIS about BRZE

$25.06 -1.77 (-6.60%) At close · Jul 30

Market Cap

$2.82B

112.63M

Options Chain

15-min delayed Underlying $25.06 · today Options Calculator

Positioning

Aug 21, 2026 · 21 days to expiry · 40 contracts

Put / call OI

0.16

Call-heavy positioning

Open interest

13,548

contracts outstanding

Volume

303

traded today

Max pain

$22.50

$2.56 below spot

ATM implied vol

73%

market's expected move

Open interest by strike

Calls Puts

2.5

7.5

12.5

17.5

22.5

27.5

32.5

37.5

42.5

47.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 21d Sep 18 49d Nov 20 112d Dec 18 140d Jan 15 168d Feb 19 203d Jan 21 539d Dec 15 868d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
1	1	—	—	$19.48		—	—	—	—	0
Call · $2.5 In the money Last $19.48 Breakeven $21.98 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $2.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		$0.10	—	—	10	10
Call · $5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $5 Last $0.10 Breakeven $4.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 Model this put
5	1	—	—	$17.42		$0.08	—	—	3	4
Call · $7.5 In the money Last $17.42 Breakeven $24.92 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 Model this call Put · $7.5 Last $0.08 Breakeven $7.42 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 Model this put
1	1	—	—	$9.25		$0.10	-0.037	265.6%	2	133
Call · $10 In the money Last $9.25 Breakeven $19.25 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $10 Last $0.10 Breakeven $9.90 Implied vol 265.6% Delta -0.037 ≈4% ITM Gamma 0.005 Theta -0.031 Vega 0.006 Open interest 133 Model this put
1	2	—	—	$6.70		$0.12	-0.05	211.4%	4	56
Call · $12.5 In the money Last $6.70 Breakeven $19.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $12.5 Last $0.12 Breakeven $12.38 Implied vol 211.4% Delta -0.05 ≈5% ITM Gamma 0.008 Theta -0.031 Vega 0.007 Open interest 56 Model this put
11	1	—	—	$5.30		$0.05	-0.029	125%	1	196
Call · $15 In the money Last $5.30 Breakeven $20.30 Implied vol — Delta — Gamma — Theta — Vega — Open interest 11 Model this call Put · $15 Last $0.05 Breakeven $14.95 Implied vol 125% Delta -0.029 ≈3% ITM Gamma 0.009 Theta -0.012 Vega 0.005 Open interest 196 Model this put
14	1	—	—	$4.70		$0.28	-0.056	106.1%	14	192
Call · $17.5 In the money Last $4.70 Breakeven $22.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 14 Model this call Put · $17.5 Last $0.28 Breakeven $17.22 Implied vol 106.1% Delta -0.056 ≈6% ITM Gamma 0.017 Theta -0.017 Vega 0.009 Open interest 192 Model this put
549	1	—	—	$5.05		$0.25	-0.095	81.8%	16	566
Call · $20 In the money Last $5.05 Breakeven $25.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 549 Model this call Put · $20 Last $0.25 Breakeven $19.75 Implied vol 81.8% Delta -0.095 ≈10% ITM Gamma 0.034 Theta -0.02 Vega 0.01 Open interest 566 Model this put
1.3k	38	37.4%	0.919	$4.20		$0.68	-0.224	75.9%	78	354
Call · $22.5 In the money Last $4.20 Breakeven $26.70 Implied vol 37.4% Delta 0.919 ≈92% ITM Gamma 0.065 Theta -0.01 Vega 0.01 Open interest 1.3k Model this call Put · $22.5 Last $0.68 Breakeven $21.82 Implied vol 75.9% Delta -0.224 ≈22% ITM Gamma 0.064 Theta -0.032 Vega 0.02 Open interest 354 Model this put
1.1k	5	64%	0.578	$1.62		$2.00	-0.425	82%	1	184
Call · $25 In the money Last $1.62 Breakeven $26.62 Implied vol 64% Delta 0.578 ≈58% ITM Gamma 0.099 Theta -0.037 Vega 0.024 Open interest 1.1k Model this call Put · $25 Last $2.00 Breakeven $23.00 Implied vol 82% Delta -0.425 ≈42% ITM Gamma 0.078 Theta -0.045 Vega 0.024 Open interest 184 Model this put
Underlying $25.06
3.6k	27	63.3%	0.339	$0.73		$2.17	-0.587	95.3%	51	152
Call · $27.5 Last $0.73 Breakeven $28.23 Implied vol 63.3% Delta 0.339 ≈34% ITM Gamma 0.094 Theta -0.034 Vega 0.022 Open interest 3.6k Model this call Put · $27.5 In the money Last $2.17 Breakeven $25.33 Implied vol 95.3% Delta -0.587 ≈59% ITM Gamma 0.067 Theta -0.052 Vega 0.025 Open interest 152 Model this put
2.6k	6	65.4%	0.171	$0.30		$8.50	-0.724	95.9%	18	38
Call · $30 Last $0.30 Breakeven $30.30 Implied vol 65.4% Delta 0.171 ≈17% ITM Gamma 0.063 Theta -0.024 Vega 0.018 Open interest 2.6k Model this call Put · $30 In the money Last $8.50 Breakeven $21.50 Implied vol 95.9% Delta -0.724 ≈72% ITM Gamma 0.058 Theta -0.044 Vega 0.023 Open interest 38 Model this put
393	1	70.8%	0.09	$0.20		—	-0.8	104%	—	0
Call · $32.5 Last $0.20 Breakeven $32.70 Implied vol 70.8% Delta 0.09 ≈9% ITM Gamma 0.037 Theta -0.017 Vega 0.013 Open interest 393 Model this call Put · $32.5 In the money Last — Breakeven — Implied vol 104% Delta -0.8 ≈80% ITM Gamma 0.044 Theta -0.04 Vega 0.018 Open interest 0 Model this put
1.9k	1	86.2%	0.078	$0.05		—	-0.838	117.7%	—	0
Call · $35 Last $0.05 Breakeven $35.05 Implied vol 86.2% Delta 0.078 ≈8% ITM Gamma 0.027 Theta -0.018 Vega 0.008 Open interest 1.9k Model this call Put · $35 In the money Last — Breakeven — Implied vol 117.7% Delta -0.838 ≈84% ITM Gamma 0.035 Theta -0.04 Vega 0.013 Open interest 0 Model this put
22	1	89.5%	0.046	$0.08		—	-0.861	128.8%	—	0
Call · $37.5 Last $0.08 Breakeven $37.58 Implied vol 89.5% Delta 0.046 ≈5% ITM Gamma 0.017 Theta -0.012 Vega 0.008 Open interest 22 Model this call Put · $37.5 In the money Last — Breakeven — Implied vol 128.8% Delta -0.861 ≈86% ITM Gamma 0.028 Theta -0.038 Vega 0.013 Open interest 0 Model this put
6	1	130.5%	0.102	$0.06		$18.96	-0.871	142.9%	4	0
Call · $40 Last $0.06 Breakeven $40.06 Implied vol 130.5% Delta 0.102 ≈10% ITM Gamma 0.022 Theta -0.033 Vega 0.014 Open interest 6 Model this call Put · $40 In the money Last $18.96 Breakeven $21.04 Implied vol 142.9% Delta -0.871 ≈87% ITM Gamma 0.024 Theta -0.04 Vega 0.013 Open interest 0 Model this put
1	1	149.2%	0.108	$0.25		—	-0.863	163.4%	—	0
Call · $42.5 Last $0.25 Breakeven $42.75 Implied vol 149.2% Delta 0.108 ≈11% ITM Gamma 0.02 Theta -0.04 Vega 0.014 Open interest 1 Model this call Put · $42.5 In the money Last — Breakeven — Implied vol 163.4% Delta -0.863 ≈86% ITM Gamma 0.022 Theta -0.048 Vega 0.014 Open interest 0 Model this put
21	8	130.3%	0.049	$0.37		—	-0.869	175.7%	—	0
Call · $45 Last $0.37 Breakeven $45.37 Implied vol 130.3% Delta 0.049 ≈5% ITM Gamma 0.013 Theta -0.019 Vega 0.008 Open interest 21 Model this call Put · $45 In the money Last — Breakeven — Implied vol 175.7% Delta -0.869 ≈87% ITM Gamma 0.02 Theta -0.05 Vega 0.014 Open interest 0 Model this put
0	—	172.5%	0.098	—		—	-0.875	187.4%	—	0
Call · $47.5 Last — Breakeven — Implied vol 172.5% Delta 0.098 ≈10% ITM Gamma 0.016 Theta -0.043 Vega 0.009 Open interest 0 Model this call Put · $47.5 In the money Last — Breakeven — Implied vol 187.4% Delta -0.875 ≈87% ITM Gamma 0.018 Theta -0.052 Vega 0.014 Open interest 0 Model this put
16	4	181.5%	0.094	$0.20		—	-0.879	198.5%	—	0
Call · $50 Last $0.20 Breakeven $50.20 Implied vol 181.5% Delta 0.094 ≈9% ITM Gamma 0.015 Theta -0.044 Vega 0.009 Open interest 16 Model this call Put · $50 In the money Last — Breakeven — Implied vol 198.5% Delta -0.879 ≈88% ITM Gamma 0.017 Theta -0.054 Vega 0.015 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1676238 CUSIP 10576N102 13F (30d) 59 filings 51 filers Visit website Investor relations