Watch These 4 Huge Put Purchases In Friday Trade

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.

• Valeant Pharmaceuticals Intl Inc VRX Fri $30.5 Puts at the bid: Volume of 9,000 @ 3.5 vs 91 Open Interest
• Kinder Morgan Inc KMI Fri $21 Puts at the bid: Volume of 2,500 @ 0.661 vs 150 Open Interest
• J C Penney Company Inc JCP Fri $9.5 Puts at the ask: Volume of 4,837 @ 0.29 vs 1238 Open Interest
• HCA Holdings Inc HCA Fri $75 Puts Sweep at the bid: Volume of 7,810 @ 1.025 vs 847 Open Interest