Watch These 8 Huge Call 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.

• MGM Resorts International MGM Mar 10th 27.0 Calls Sweep: 4060 @ ASK $0.11: 5720 traded vs 1027 OI: Earnings 5/4 Before Open (est) $26.55 Ref
• Yelp Inc YELP Mar 10th 33.5 Calls: 1461 @ ASK $0.45: 2013 traded vs 43 OI: Earnings 5/4 After Close (est) $33.39 Ref
• Metlife Inc MET May $50 Calls at the Ask: Volume of 1,000 at $4.75 vs Open Interest 42
• Dynegy Inc. DYN Sep17 10.0 Calls Sweep: 569 @ ASK $0.95: 569 traded vs 58 OI: Earnings 5/3 After Close (est) $8.05 Ref
• Marvell Technology Group Ltd. MRVL Mar 16.0 Calls: 17500 @ ASK $0.30: 25k traded vs 24k OI: Earnings 5/25 After Close (est) $15.89 Ref
• Aerie Pharmaceuticals Inc AERI May 55.0 Calls: 1616 @ ASK $5.10: 2011 traded vs 45 OI: Earnings Today After Close $48.25 Ref
• Calpine Corporation CPN Sep17 14.0 Calls Sweep: 761 @ ASK $0.648: 761 traded vs 29 OI: Earnings 4/28 Before Open (est) $11.73 Ref
• Edwards Lifesciences Corp EW Apr 90.0 Calls Sweep: 656 @ ASK $3.40: 706 traded vs 19 OI: Earnings 4/25 After Close (est) $89.41 Ref