Other trades of note:

Bank of America (BAC) at 24.04, a 1x2 Ratio Spread traded. The trader sold 20,000 Jul 21st 25 Calls at .05 and bought 10,000 Jul 21st 24.50 Calls for .17 cents, paying .07 on the package. BAC reports earnings tomorrow.

BP p.l.c. (BP) at 35.13, a Risk Reversal traded 3,000 times. The trader sold the Sept 15th 34 Puts and bought the Sept 15th 36 Calls for a .25 credit. BP is expected to report earnings on 08/01/2017 before market open.

iPath S&P 500 VIX Futures ETN (VXX) at 11.76, a Bear Call Spread traded 995 times. The trader sold the Dec 15th 9/12 spread for a credit of 1.35.

Oasis Petroleum Inc. (OAS) at 7.92, a Bull Put Spread traded 1,250 times. The trader sold the Aug 18th 10/7 spread for a 1.86 credit. OAS is estimated to report earnings on 08/02/2017.

Increased Volume Activity:

Top 20 symbols ranked by today's option volume relative to average, minimum 200 average:

MFA, COHU, CHRW, VNTV, SKT, NADL, HOG, ICON, UCTT, BTG, PWR, CERN, SIX, CGI, AMC, SNA, BFR, GBX, FSC, STZ.

By: Lauren Ravalli
LR1