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.

• Eli Lilly and Co LLY Jan 75.0 Puts Sweep: 710 @ ASK $0.54: 740 traded vs 16k OI: Earnings 1/31 Before Open $76.22 Ref
• Fiat Chrysler Automobiles NV FCAU Feb 9.0 Puts: 2500 @ ASK $0.30: 5654 traded vs 278 OI: Earnings 1/25 Before Open (est) $10.01 Ref
• General Electric Company GE Jan 30.0 Puts Sweep: 4539 @ ASK $0.06: 5525 traded vs 132k OI: Earnings 1/20 Before Open $31.22 Ref
• Altisource Residential Corp RESI Mar 10.0 Puts Sweep: 2000 @ ASK $0.45: 2000 traded vs 5532 OI: Earnings 2/27 Before Open (est) $11.30 Ref
• Wal-Mart Stores Inc WMT Jun 60.0 Puts: 2000 @ ASK $1.03: 4516 traded vs 1247 OI: Earnings 2/21 Before Open $68.21 Ref