Other trades of note by Lauren Ravalli

Facebook, Inc. (FB) at 165.29, a Bear Call Spread traded 9,200 times. The trader sold the Jul 28th 170/177.5 spread for a credit of 1.40. FB is expected to report earnings on Wednesday, July 26th after market close.

Russell 2000 Index (RUT) at 1,431.93, a Bull Put Spread traded 1,402 times. The trader sold the Aug 18th 1,280/1,250 spread for a credit of .30.

Starbucks Corporation (SBUX) at 58.18 a Long Straddle traded 1,000 times. The trader bought the Aug 18th 58 Calls and the Aug 18th 58 Puts for 2.82. SBUX is expected to report earnings on Thursday, July 27th after the close.

Seagate Technology PLC (STX) at 39.99, a Bear Put Spread traded 4,000 times. The trader bought the Jul 28th 39/36 spread paying .80. STX is expected to report earnings on Tuesday, July 25th before market open.

Increased Volume Activity:

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

MIK, XRAY, RLJ, PETS, AXTA, OTIC, BC, EW, SGMS, ITW, RDUS, WBMD, BJRI, RYAM, SWK, NVAX, MAN, CSOD, AXL, HAS.

WT Blog 07242017