Watch These 8 Huge Put 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.

• Pandora Media Inc P Apr 7th 11.5 Puts: 1799 @ ASK $0.13: 4937 traded vs 248 OI: Earnings 4/27 After Close (est) $11.64 Ref
• Rent-A-Center Inc RCII May 7.5 Puts Sweep: 800 @ ASK $0.55: 5616 traded vs 8774 OI: Earnings 4/24 After Close (est) $8.62 Ref
• Dunkin Brands Group Inc DNKN Apr 52.5 Puts Sweep: 1983 @ ASK $0.35: 1993 traded vs 310 OI: Earnings 4/27 Before Open (est) $54.51 Ref
• Cognizant Technology Solutions Corp CTSH Apr 7th 58.0 Puts Sweep: 1000 @ ASK $0.50: 1014 traded vs 59 OI: Earnings 5/4 Before Open (est) $58.23 Ref
• Chemours Co CC Apr 37.5 Puts Sweep: 694 @ ASK $1.451: 699 traded vs 40 OI: Earnings 5/2 After Close (est) $37.36 Ref
• Twilio Inc TWLO Apr 7th 28.0 Puts: 1000 @ ASK $0.41: 1124 traded vs 254 OI: Earnings 5/8 After Close (est) $28.35 Ref
• T-Mobile US Inc TMUS Apr $62.5P Put; 3141 Above Bid @$1.11; Ref =$63.04
• Geron Corporation GERN Apr 2.0 Puts Sweep: 3262 @ ASK $0.10: 3292 traded vs 2853 OI: Earnings 5/4 After Close (est) $2.38 Ref