Watch These 7 Huge Put Purchases In Friday Trade

Courtesy of Benzinga.

Benzinga’s newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday’s regular session.

• Nike Inc (NYSE: NKE) Jun 30th 52.0 Puts Sweep: 20000 @ Above Ask! $0.886: 20k traded vs 865 OI: Earnings 6/29 After Close $53.50 Ref
• Snap Inc (NYSE: SNAP) Jul 17.0 Puts Sweep: 5000 @ ASK $1.20: 5537 traded vs 14k OI: Earnings 8/9 After Close (est) $17.25 Ref
• RH (NYSE: RH) Jul 55.0 Puts Sweep: 1179 @ ASK $4.00: 1179 traded vs 51 OI: Earnings 8/31 After Close (est) $53.75 Ref
• Finisar Corporation (NASDAQ: FNSR) Jun 25.0 Puts Sweep: 689 @ ASK $1.45: 993 traded vs 3038 OI: $24.93 Ref
• Whole Foods Market, Inc. (NASDAQ: WFM) Aug 30.0 Puts: 500 @ ASK $0.60: 3581 traded vs 3813 OI: Earnings 7/26 After Close (est) $33.01 Ref
• Advanced Micro Devices, Inc. (NASDAQ: AMD) Jun 11.5 Put; 20001 @Bid @$0.33; Ref = $11.27
• Callon Petroleum Company (NYSE: CPE) Jul 9.0 Puts Sweep: 519 @ ASK $0.25: 598 traded vs 3 OI: Earnings 8/7 After Close (est) $10.04 Ref

Posted-In: Huge Put PurchasesOptions Markets Movers Trading Ideas