AMR adds 14 cents to $3.70 and Sep 4 calls on the airliner are seeing interest today. 15,448 traded against 9,689 in open interest. The top two trades are blocks (2,182 X 2) at 12 and 13 cents when the market was 12 to 14 cents. Beyond that, most of the volume has been at the offer. The action seems to include a mix of buying and selling — opening and closing activity. The contract is 8.1 percent OTM with a delta of .34 and 16 days of life remaining. The market is 11 to 13 cents and VWAP so far today is 12.3 cents. AMR hit a 52-week low of $3.17 Friday, but is on a three-day 13.5 percent winning streak so far this week.