Morgan Stanley (MS) buyer 1400 March $85 puts for $7.40 as the stock rallies into 200 EMA resistance near 87 after a big recent move off July lows that were made as the name reported earnings. The banks overall saw heavy put buying today to start the week ahead of CPI being released. Potentially a trade expecting lower yields after inflation data comes in cooler than expected for July. MS has first support at 82.60 monthly value high but below that can see 78 retested as the VPOC for July.