Watch These 5 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.

• American Tower Corp AMT Dec16 100 Puts Sweep: 693 @ ASK $1.85: 693 traded vs 157 OI: Earnings 2/23 Before Open (est) $104.64 Ref
• SolarCity Corp SCTY Nov16 18.0 Puts Sweep: 740 @ ASK $0.75: 783 traded vs 1452 OI: $19.21 Ref
• Illinois Tool Works Inc. ITW Dec16 120 Puts: 4066 @ ASK $1.90: 5451 traded vs 319 OI: Earnings 1/25 Before Open (est) $123.26 Ref
• Zoetis Inc ZTS Fri 11/11 50.5 Puts (Wkly) Sweep: 500 @ ASK $0.40: 500 traded vs 304 OI: Earnings 2/16 Before Open (est) $50.71 Ref
• Michael Kors Holdings Ltd KORS Weekly $50 Put; 2500 @Bid @$1.50; Ref=$51.72