FOSL – August 65 Put OI rises from 3,564 to 4,009 (chart continues to breakdown)

UPS – September 110 Call OI rises from 205 to 2,418 (expecting steady uptrend of higher-highs, higher-lows all the way back to new 52-week high over time)

DIS – August 115 Put OI rises from 6,912 to 15,311 (likely hedging ahead of earnings tonight after the close, I don’t like shooting against powerful growth stock that have done nothing wrong, high valuation is not a catalyst to short these stocks)

SBUX – September (11) Weekly 57-strike Put OI rises from zero to 4,008 (just like DIS this is likely hedging)

XOP – September 36 Put OI rises from 987 to 33,863 (nonstop bearish action continues although oil is slightly rebounding this morning after relentless sell off)

JOY – Jan’17 20-strike Put OI rises from 5,286 to 6,353 (expect long term weakness to continue as order book deteriorates with sell off in commodities)

TGT – August (7) Weekly 80.5-strike Put OI rises from 85 to 1,886 (same store sales out on Thursday)

UBRN – August 32 Put OI rises from 115 to 3,734 (same store sales out on Thursday)

NKE – August 115 Put OI rises from 269 to 2,141 (same store sales out on Thursday)

ANF – September 19 Put OI rises from 90 to 2,103 (same store sales out on Thursday)

ASNA – August 12 Put OI rises from 28 to 10,379 (same store sales out on Thursday)

PTCT – Jan’16 80-strike Call OI rises from 1,557 to 4,454 (big bull now positioned here)

MRK – Short 6,400 Jan’16 55-strike Put / Long 6,400 Jan’16 60/65 Call Spread added to OI (many expecting MRK to also make large M&A move before the year is over)

HRTX – 4,000 October 35/45 call spreads added to OI (large bulls every day)

BMY – December 67.5 Call OI rises from 2,635 to 4,597 (stock has pulled back to trend support and I like it long from here)

DE – September 90 Put OI rises from 9,302 to 11,802 (with all industrial stock slipping, expect DE to do the same)