XLP – 6,500 September 49/52 Bullish Risk Reversal added to OI (PEP, KO, KMB and several other staples breaking out recently)

SCTY – September 60 Put OI rises from 2,906 to 5,903 (incredible turn back down yesterday)

ANET – 1,500 August 85/90 Bullish Risk Reversal added to OI (good earnings out yesterday, lets see if stock gets some traction)

Z – September (11) Weekly 65-strike Put OI rises from 10 to 1,006 (chart continues to breakdown to new 52-week low)

OLED – August 45 Put OI rises from 366 to 3,632 (stock collapsing this morning after earnings miss

BMRN – August 140 Call OI rises from 488 to 1,054 (unusual short term call action, either expecting M&A or just a bounce after recent pull back)

GM – September 31 Call OI rises from 10,483 to 20,409 (see details in Tracker after rising US SAAR)

CBS – Jan’16 57.5-strike Call OI rises from 1,200 to 3,967 (buyers on weakness in media stocks, content providers are not going to die)

FOXA – Jan’16 32-strike Call OI rises from 1,042 to 4,659 (buyers on weakness in media stocks, content providers are not going to die)