Watch These 7 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.

• Alibaba Group Holding Ltd BABA Feb 92.5 Puts: 4000 @ ASK $1.08: 6537 traded vs 16k OI: Earnings Today Before Open $97.94 Ref
• Infinera Corp. INFN Feb 10th 8.5 Puts: 500 @ ASK $0.65: 1000 traded vs 17 OI: Earnings 2/9 After Close $8.51 Ref
• Rite Aid Corporation RAD Apr 7.0 Puts: 18000 @ Above Ask! $1.09: 22k traded vs 44k OI: Earnings 4/13 Before Open (est) $7.10 Ref
• Starbucks Corporation SBUX Feb 57.5 Puts Sweep: 3214 @ ASK $1.17: 4294 traded vs 7450 OI: Earnings 1/26 After Close $57.75 Ref
• Pfizer Inc. PFE Sept. $32 Puts at the Bid: Volume of 3,000 at $2.39 vs Open Interest of 654
• T-Mobile US Inc TMUS Aug17 60.0 Puts: 1000 @ ASK $5.45: 1025 traded vs 569 OI: Earnings 2/9 Before Open (est) $60.43 Ref
• CA, Inc. CA Feb 32.0 Puts Sweep: 1404 @ ASK $0.80: 1413 traded vs 516 OI: Earnings Today After Close $32.34 Ref