Watch These 5 Huge Put 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.

• Encana Corp (USA) ECA Dec16 10.0 Puts Sweep: 2616 @ ASK $0.15: 6041 traded vs 1074 OI: Earnings 2/23 Before Open (est) $12.15 Ref
• Golar LNG Limited (USA) GLNG Dec16 22.5 Puts Sweep: 661 @ ASK $1.05: 874 traded vs 2427 OI: Earnings 11/30 Before Open (est) $24.28 Ref
• Apache Corporation APA Fri 12/2 60.0 Puts (Wkly) Sweep: 654 @ ASK $0.68: 1383 traded vs 162 OI: Earnings 2/23 Before Open (est) $62.74 Ref
• Capital One Financial Corp. COF Fri 12/9 81.0 Puts (Wkly) Sweep: 1560 @ ASK $0.535: 1560 traded vs 25 OI: Earnings 1/24 After Close (est) $84.62 Ref
• U.S. Bancorp USB Fri 12/9 48.5 Puts (Wkly): 1560 @ ASK $0.38: 1560 traded vs 162 OI: Earnings 1/13 Before Open (est) $49.17 Ref