Watch These 7 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.

• Sturm Ruger & Company Inc RGR Nov16 70.0 Calls Sweep: 722 @ ASK $0.25: 1027 traded vs 36 OI: Earnings 2/23 After Close (est) $63.90 Ref
• Alexion Pharmaceuticals, Inc. ALXN Fri 12/23 134 Calls (Wkly) Sweep: 526 @ ASK $11.10: 526 traded vs 0 OI: Earnings 2/2 Before Open (est) $128.62 Ref
• Mead Johnson Nutrition CO MJN Jan17 77.5 Calls: 700 @ ASK $1.84: 703 traded vs 161 OI: Earnings 1/26 Before Open (est) $73.05 Ref
• Pandora Media Inc P Fri 11/11 11.5 Calls (Wkly) Sweep: 5000 @ ASK $0.129: 5000 traded vs 241 OI: Earnings 2/9 After Close (est) $10.64 Ref
• Tenet Healthcare Corp THC Fri 11/11 17.5 Calls (Wkly) Sweep: 5000 @ ASK $1.038: 5005 traded vs 10 OI: Earnings 2/21 After Close (est) $17.39 Ref
• Cognizant Technology Solutions Corp CTSH Fri 12/23 52.5 Calls (Wkly) Sweep: 505 @ ASK $2.394: 505 traded vs 0 OI: Earnings 11/7 Before Open $52.12 Ref
• United States Steel Corporation X Apr17 19.0 Calls Sweep: 2000 @ ASK $3.40: 2000 traded vs 16k OI: Earnings 1/24 After Close (est) $19.41 Ref