Watch These 5 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Time Inc TIME Feb 17.5 Puts Sweep: 551 @ ASK $0.45: 2919 traded vs 307 OI: Earnings 2/9 Before Open (est) $19.07 Ref
• Whiting Petroleum Corp WLL Jan 27th 10.5 Puts Sweep: 500 @ ASK $0.088: 500 traded vs 61 OI: Earnings 2/22 After Close (est) $12.20 Ref
• Sears Holdings Corp SHLD Jan 10.0 Puts Sweep: 988 @ ASK $0.95: 1290 traded vs 15k OI: Earnings 2/23 Before Open (est) $9.35 Ref
• Equity Residential EQR Apr 54.5 Puts Sweep: 612 @ ASK $0.80: 612 traded vs 9 OI: Earnings 1/31 After Close $63.48 Ref
• Williams Companies Inc WMB Jan 29.0 Puts Sweep: 508 @ ASK $0.65: 1170 traded vs 9868 OI: Earnings 2/15 Before Open (est) $28.59 Ref