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.

• eBay Inc EBAY Mar 24th 31.0 Puts Sweep: 985 @ ASK $0.035: 2294 traded vs 9437 OI: Earnings 4/25 After Close (est) $33.05 Ref
• International Paper Co IP Mar 50.5 Puts Sweep: 504 @ ASK $0.086: 3751 traded vs 7435 OI: Earnings 4/27 Before Open $51.57 Ref
• American Axle & Manufact. Holdings, Inc. AXL Jan18 15.0 Puts Sweep: 500 @ ASK $0.90: 6200 traded vs 4125 OI: Earnings 5/5 Before Open (est) $20.64 Ref
• Qorvo Inc QRVO Apr 67.5 Puts Sweep: 1699 @ ASK $2.471: 1700 traded vs 108 OI: Earnings 5/4 After Close (est) $67.76 Ref
• Rent-A-Center Inc RCII Sep17 10.0 Puts Sweep: 600 @ ASK $2.20: 6589 traded vs 2244 OI: Earnings 4/24 After Close (est) $9.31 Ref
• Opko Health Inc. OPK Apr 9.0 Puts: 837 @ ASK $1.05: 1676 traded vs 84 OI: Earnings 5/8 After Close (est) $8.29 Ref
• Procter & Gamble Co PG Apr 87.5 Put; 2000 @Bid @$0.28; Ref = $91.63
• Kate Spade & Co KATE Apr 22.0 Puts: 1750 @ Above Ask! $0.75: 3501 traded vs 4194 OI: Earnings 5/4 Before Open (est) $24.06 Ref