Watch These 5 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Zagg Inc ZAGG Nov16 7.0 Puts Sweep: 500 @ ASK $0.35: 510 traded vs 101 OI: Earnings 11/1 $7.78 Ref
• Sears Holdings Corp SHLD Mar17 10.0 Puts Sweep: 987 @ ASK $2.43: 1581 traded vs 586 OI: $11.00 Ref
• Momo Inc (ADR) MOMO Fri 10/14 23.5 Puts (Wkly) Sweep: 1001 @ ASK $0.40: 1005 traded vs 22 OI: Earnings 11/17 $24.73
• Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM Nov16 31.0 Puts Sweep: 1302 @ ASK $1.20: 1303 traded vs 63 OI: $30.79 Ref
• Himax Technologies, Inc. (ADR) HIMX Fri 10/14 9.0 Puts (Wkly) Sweep: 738 @ ASK $0.60: 2700 traded vs 511 OI: Earnings 11/10 $8.53 Ref