Watch These Huge Call Purchases In Monday 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 Friday's regular session.

• SUPERVALU INC. SVU Oct16 5.0 Calls: 2500 @ ASK $0.35: 2698 traded vs 12k OI: Earnings 10/19 $4.97 Ref
• EOG Resources Inc EOG Jan 19 $125 Calls Sweep at the ask: 500 @ 3.0 vs 106 OI
• Merrimack Pharmaceuticals Inc MACK Oct16 7.0 Calls Sweep: 1865 @ ASK $0.35: 2366 traded vs 785 OI: Earnings 11/14 $6.34 Ref
• Cognizant Technology Solutions Corp CTSH Oct16 47.5 Calls: 2400 @ ASK $2.55: 2423 traded vs 0 OI: Earnings 11/2 $47.98 Ref