A company called RH, which sells fancy home furnishings, is being watched by some rich people who are buying options on the stock. Options are a way to bet on whether a stock will go up or down in price. When rich people buy options, it sometimes means they know something about the company that others don't.
Some of these rich people think the stock will go up, and they are buying call options. Others think the stock will go down, and they are buying put options. The total amount of money being bet on the stock going up or down is $660,318.
The options activity is interesting because it's not very common for RH, and it could mean that the rich people know something about the company that others don't.
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