The company traded over 10,000 options on total daily average option volume of just 996. All but ~85 contracts were accumulated in one position; an Aug 40/50 risk reversal (buy puts/sell calls).

The company traded 22,299 options on total daily average option volume of just 3,314. 22,000 of the contracts went up in a single trade; an Oct 45/55 risk reversal (buy puts/sell calls).

The company traded over 5,000 options on total daily average option volume of just 1,394. The action was in the Dec 15 calls (purchases) and Jul 10 puts (sales).

Note how the stock price has been resilient in the face of the overall market drop. The stock has remained in a very tight range over the last month or so.

Yesterday the ETF traded over 10,000 options in the first two hours on total daily average option volume of just 3,234. Two large trades came in. The first was an 8,000+ lot (in two prints) to purchase Aug 90 calls. The second was a 1,250 lot sale of the Aug 90/95 strangle.

The ETN traded over 30,000 options on total daily average option volume of just 6,611. The largest trades in order were: Jul 30 calls 1,366x bot, Jul 30 calls 1,255x bot, Aug 27 put sales, Jul 30 call sales, Jul 30 and 32 call purchases.

Right now a proposal by the Financial Accounting Standards Board (FASB) would require banks to report loans and other financial instruments on its balance sheet at "fair value."

The company traded over 32,000 options on total daily average option volume of just 7,053. 20,000 contracts went up in one position; a Nov 17.5/22.5 risk reversal (buy calls/sell puts).

The company traded over 7,400 options on total daily average option volume of just 1,355. The largest trade was a 3,434 lot Aug 47.5 call purchase about thirty minutes into the stock rise. Calls traded on a 19:1 ratio to puts.

This is an update from the the post "BP Plc (BP) – Is Reckoning Day Upon Us?"In that post, I noted that BP had hit its 52 week low of $29 and was hovering just above it. I felt like that day was "line in the sand" day, and if it broke the low, it could mean some downward momentum in the stock. Friday, it seemed that in fact BP has broken out lower.

Noble Corporation (Noble) is an offshore drilling contractor for the oil and gas industry. To fully understand this stock, you have to read the drilling moratorium news/rumors.The company traded over 31,000 options in the first two hours of trading on total daily average option volume of just 7,628. Calls traded on a 13:1 ratio to puts. The largest trades were in the July 30 calls where nearly 23,000 traded (predominantly purchases).

The company traded over 10,400 options on total daily average option volume of just 2,238. 10,200 of the options are July 12.5 and Aug 12.5 put purchases.