LNG – September 75 Call OI rises from 8,548 to 12,595 (also plenty of calls bought yesterday in weekly option ahead of earnings on July 30)

BAC – August 18.5 Call OI rises from 834 to 56,507 (calls rolled from August 18 strike, as long as TLT remains in dumpster the bull case for banks stays intact)

AET – Short 1,000 September 120 Calls / Long 2,000 September 105 Puts added to OI (chart continues to breakdown ever since it announced the deal with HUM)

VMW – Jan’16 80-strike Put OI rises from 3,583 to 4,803 (puts sold to open, decent earnings out last night without much positive or negative surprises, mostly in line)

WFT – July (24) Weekly 11-strike Put OI rises from 20,782 to 30,829 (also 20,000 long term Jan’17 8-strike puts added to OI, heavy bearish action ahead of earnings tonight after hours)

ISIS  - 1,000 Jan’16 45/65 Bullish Risk Reversal added to OI (leader in gene therapy has pulled back quite a bit, announced ISIS-HTTRx Phase 1/2A initiation yesterday in patients with Huntington Disease)

ALNY – 500 December 110/140 Bullish Risk Reversal added to OI (expecting solid Phase 1 data on August 29)

KSU – Jan’16 110-strike Call OI rises from 323 to 5,301 (beaten down railroad stock with heavy exposure to shale gas crude by rail business, tough to call a bottom yet)

SDRL – October 10 Put OI rises from 1,768 to 3,753 (the bears continue to pound offshore drillers)

TWTR – September 41 Call OI rises from 5,414 to 9,065 (unusual upside call late afternoon yesterday, perhaps news about new permanent CEO out soon)

HRB – October 35 Call OI rises from 15,945 to 20,208 (still waiting for OCC to approve the banking partnership between HRB and BOFI)

IDTI – August 20 Put OI rises from 12,313 to 14,137 (every day since July 7 they have been gradually accumulating puts at this strike, OI now above 14,000 and earnings on August 3)

AXP – 11,000 Jan’16 72.5/85 Bullish Risk Reversal added to OI (name with very low expectations after two quarters of guidance cuts and plenty of leap call activity to note)

DNKN – August 57.5 Call OI rises from 863 to 3,110 (bulls expecting another strong quarter on July 23)

AAC – August 40 Call OI rises from 2 to 1,051 (unusual action first time on my radar, strong growth story that posted 42% growth in Q1, next earnings on July 29)

BMRN – 500 Jan’16 120/160 Bullish Risk Reversal added to OI (Piper Jaffray out with a note this morning suggesting BIIB should buy BMRN)

ANF – August 20.5/17.5 Put Spread added to OI (struggling retailer that sees put activity ahead of every earnings report)

DVA – August 80 Put OI rises from 774 to 6,630 (puts sold to open, a favorite stock for put sellers, Warren Buffett owns 25% of the company)

RCPT – December 240 Call OI rises from 543 to 3,371 (speculators believe higher bidder will emerge after CELG $232 per share offer)