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.

• Twitter Inc TWTR Feb 16.5 Puts Sweep: 3921 @ ASK $0.30: 7396 traded vs 4256 OI: Earnings 4/25 Before Open (est) $16.45 Ref
• Progenics Pharmaceuticals, Inc. PGNX May 10.0 Puts Sweep: 500 @ ASK $1.60: 500 traded vs 62 OI: Earnings 3/9 Before Open (est) $9.52 Ref
• Sears Holdings Corp SHLD Jan 2018 $10 Put; 31358 @Bid @$5.20
• AT&T Inc. T Mar 39.0 Puts: 2800 @ ASK $0.18: 3001 traded vs 6386 OI: Earnings 4/25 After Close $40.57 Ref
• Himax Technologies, Inc. (ADR) HIMX June $6 Put; 2500 @Bid @$0.80