Trading Block: August this year was the lowest average daily volume for puts and calls since October 2012.

Stocks to Watch:

• TWTR - Stock off over 5%
• AAPL - World not enthused with new iPhone, stock off nearly 3%
• TSLA - Stock back below $200 - With the combined weight of SCTY deal controversy, cash squeeze and SpaceX explosion.
• SBUX - CEO endorses Hilary, stock off nearly 2%.
• Crude stock drop sparks rally. U.S. crude stocks fell by a whopping 14.5 million barrels last week.

Odd Block: Calls trade in TransOcean LTD (RIG), calls trade in Chesapeake Energy (CHK), and calls trade in iShares FTSE / China ETF (FXI)

Mail Block: Listener questions and comments

• Question from JPMTrader: What is the call and put volume like for expirery for the 110s and 107s in Apple?
• Question from TradeCraft: Is there a correlation between high options OI and high options price levels?

Around the Block/ This Week in the Market:

• Sep 7: JOLTS, Beige Book
• Sep 8: Jobless Claims, EIA Petroleum Status

Earnings tomorrow include:

• The Kroger Company
• Mattress Firm Holding Corp