Watch These 8 Huge Put Purchases In Tuesday 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 Monday’s regular session.

• Cirrus Logic, Inc. CRUS Jan 57.5 Puts Sweep: 1381 @ ASK $1.80: 1382 traded vs 151 OI: Earnings 2/1 After Close $56.98 Ref
• AK Steel Holding Corporation AKS Jan 10.0 Puts: 1000 @ ASK $0.26: 1048 traded vs 5151 OI: Earnings 1/24 Before Open $10.46 Ref
• Tripadvisor Inc TRIP Feb 52.5 Puts Sweep: 580 @ ASK $4.298: 851 traded vs 19 OI: Earnings 2/15 After Close $51.08 Ref
• Seadrill Ltd SDRL Jan18 3.0 Puts Sweep: 889 @ ASK $1.60: 1007 traded vs 32k OI: Earnings 2/23 Before Open (est) $3.33 Ref
• Dicks Sporting Goods Inc DKS Feb 52.5 Puts: 1500 @ ASK $1.95: 2180 traded vs 206 OI: Earnings 3/7 Before Open (est) $53.87 Ref
• ENSCO PLC ESV Feb 8.0 Puts: 1881 @ ASK $0.10: 1999 traded vs 15 OI: Earnings 2/22 After Close (est) $11.65 Ref
• Wal-Mart Stores, Inc. WMT Feb 24th 67.5 Puts Sweep: 1510 @ ASK $1.55: 1564 traded vs 9 OI: Earnings 2/21 Before Open $68.58 Ref
• Hanesbrands Inc. HBI Jan19 20.0 Puts: 500 @ ASK $2.85: 1760 traded vs 92 OI: Earnings 2/2 After Close (est) $22.23 Ref