Watch These 8 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.

• NXP Semiconductors NV NXPI Jul $50 Put; 10,000 @Ask @$0.25: 10k traded vs 900 OI: $99.19 Ref
• Yelp Inc YELP Feb 10th 43.0 Puts: 2000 @ ASK $2.40: 6089 traded vs 8 OI: Earnings 2/9 After Close $42.73 Ref
• Cerner Corporation CERN Feb 55.0 Puts Sweep: 4493 @ ASK $2.25: 4509 traded vs 87 OI: Earnings 2/9 After Close $53.98 Ref
• Express Scripts Holding Company ESRX Apr 65.0 Puts: 985 @ ASK $3.20: 1511 traded vs 354 OI: Earnings 2/14 After Close $66.55 Ref
• Mead Johnson Nutrition CO MJN Feb 65.0 Puts Sweep: 542 @ ASK $0.02: 710 traded vs 1361 OI: Earnings 4/27 Before Open (est) $84.78 Ref
• People's United Financial, Inc. PBCT Mar 17.0 Puts Sweep: 561 @ ASK $0.15: 1061 traded vs 0 OI: Earnings 4/20 After Close (est) $18.54 Ref
• Ralph Lauren Corp RL Apr $75 Put; 2510 @Bid @$3.00
• Palo Alto Networks Inc PANW Feb 3rd 145 Puts Sweep: 1089 @ ASK $0.75: 1122 traded vs 124 OI: Earnings 2/28 After Close $145.72 Ref