Watch These 10 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.

• Cognizant Technology Solutions Corp CTSH Feb 3rd 53.5 Puts Sweep: 1104 @ ASK $0.75: 1423 traded vs 0 OI: Earnings 2/6 Before Open (est) $54.12 Ref
• Ariad Pharmaceuticals, Inc. ARIA Feb 16.0 Puts Sweep: 524 @ ASK $0.05: 13k traded vs 60 OI: Earnings 2/23 Before Open (est) $23.66 Ref
• Tidewater Inc. TDW Apr 2.5 Puts: 8300 @ ASK $0.85: 9801 traded vs 1516 OI: Earnings 2/7 After Close $2.19 Ref
• AK Steel Holding Corporation AKS Feb 3rd 7.5 Puts Sweep: 5001 @ ASK $0.119: 5046 traded vs 656 OI: Earnings 4/25 Before Open (est) $7.92 Ref
• Swift Transportation Co SWFT Mar 25.0 Puts Sweep: 750 @ ASK $2.35: 1395 traded vs 17 OI: Earnings 4/20 After Close (est) $23.14 Ref
• Mondelez International Inc MDLZ Jun 45.0 Puts Sweep: 2000 @ ASK $3.10: 2002 traded vs 346 OI: Earnings 2/7 After Close $44.54 Ref
• Facebook Inc FB Feb $130 Put; 3000 @Bid @$3.95; Ref=$129.96
• Communications Sales & Leasing Inc CSAL Mar 25.0 Puts: 2083 @ ASK $0.80: 3014 traded vs 84 OI: Earnings 2/23 Before Open
• $26.03 Ref
• Cognizant Technology Solutions Corp CTSH Mar 47.5 Puts Sweep: 750 @ ASK $0.60: 2001 traded vs 0 OI: Earnings 2/6 Before Open (est) $53.87 Ref
• Akorn, Inc. AKRX Feb 17.5 Puts Sweep: 637 @ ASK $0.50: 1436 traded vs 26 OI: Earnings 2/23 Unspecified (est) $18.52 Ref