SC3062

if [ -o braceexpand ]
then
 echo "Brace expansion available and enabled."
fi

$- will be set to a list of shell options:

case $- of
  *B*) echo "Brace expansion available and enabled."
esac 

However, not all options are available through $-. If you need to check those, ignore this suggestion with a directive:

# shellcheck disable=SC3062
if [ -n "$BASH_VERSION" ] && [ -o pipefail ]
then
  echo "This is bash and pipefail is enabled."
fi

[ -o option ] is a bash/ksh extension, while $- is standard POSIX. Do note that letters outside the POSIX set are not guaranteed to be compatible, such as B above.

As described.

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