Watch These 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 Wednesday’s regular session.

Ariad Pharmaceuticals, Inc. ARIA Jan. $14 Puts Sweep at the Bid: Volume of 1,000 at $1.551 vs Open Interest 740