Watch These 5 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Rent-A-Center Inc RCII May 7.5 Puts: 7090 @ ASK $0.60: 7994 traded vs 14k OI: Earnings 4/24 After Close (est) $9.12 Ref
• Infosys Ltd ADR INFY Apr 16.0 Puts: 4000 @ Above Ask! $0.95: 5000 traded vs 9218 OI: Earnings 4/13 Before Open $15.38 Ref
• Avis Budget Group Inc. CAR Jan18 20.0 Puts: 1800 @ ASK $2.05: 2039 traded vs 8100 OI: Earnings 5/2 After Close (est) $27.61 Ref
• Cree, Inc. CREE May 25.0 Puts: 603 @ ASK $1.06: 3605 traded vs 44 OI: Earnings 4/25 After Close $25.79 Ref
• Brunswick Corporation BC Jun 60.0 Puts: 1195 @ ASK $3.20: 1346 traded vs 14 OI: Earnings 4/27 Before Open (est) $59.06 Ref