Watch These 7 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.

• Gap Inc GPS Sep 19.0 Puts: 1650 @ ASK $0.90: 1650 traded vs 29 OI: Earnings 5/18 After Close $23.50 Ref
• H & R Block Inc HRB Apr 23.0 Puts Sweep: 1007 @ ASK $0.683: 1126 traded vs 3307 OI: Earnings 6/8 After Close (est) $23.02 Ref
• PTC Inc PTC May 50.0 Puts: 600 @ ASK $2.10: 1305 traded vs 141 OI: Earnings 4/19 After Close (est) $52.22 Ref
• Netflix, Inc. NFLX Jun 145 Puts: 2500 @ ASK $10.50: 2523 traded vs 986 OI: Earnings 4/17 After Close $141.55 Ref
• Corecivic Inc CXW Jun 25.0 Puts Sweep: 1146 @ ASK $0.40: 1174 traded vs 61 OI: Earnings 5/3 After Close (est) $32.57 Ref
• Urban Outfitters, Inc. URBN Sep 20.0 Puts Sweep: 1005 @ ASK $1.35: 1005 traded vs 455 OI: Earnings 5/16 After Close $23.00 Ref
• Cara Therapeutics Inc CARA Apr 15.0 Puts: 1500 @ ASK $1.30: 2492 traded vs 1566 OI: Earnings 5/4 After Close (est) $17.11 Ref