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.

• Nike Inc NKE Feb 24th 58.0 Puts Sweep: 1621 @ ASK $0.70: 4994 traded vs 372 OI: Earnings 3/21 After Close (est) $57.44 Ref
• Avon Products, Inc. AVP Jan18 3.0 Puts Sweep: 1000 @ ASK $0.40: 1000 traded vs 25k OI: Earnings 5/4 Before Open (est) $4.28 Ref
• Penn National Gaming, Inc PENN Mar 13.0 Puts Sweep: 1248 @ ASK $0.15: 1248 traded vs 25 OI: Earnings 4/27 Before Open (est) $14.01 Ref
• Pernix Therapeutics Holdings Inc PTX Aug 2.5 Puts: 500 @ ASK $0.80: 2519 traded vs 3 OI: Earnings 3/9 Before Open (est) $3.83 Ref
• Zynga Inc ZNGA Jun 2.5 Puts Sweep: 3998 @ ASK $0.13: 3998 traded vs 8458 OI: Earnings 5/4 After Close (est) $2.81 Ref
• Herbalife Ltd. HLF Mar 55.0 Puts Sweep: 1001 @ ASK $1.096: 1335 traded vs 834 OI: $60.00 Ref
• Twitter Inc TWTR Marc $25 Put; 5000 @Bid @8.47
• Alphabet Inc GOOG Jun 900 Puts: 1000 @ ASK $76.60: 1000 traded vs 318 OI: Earnings 4/20 After Close (est) $830.42 Ref