Watch These 7 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.

• Applied Optoelectronics Inc AAOI May 40.0 Puts Sweep: 502 @ ASK $1.00: 885 traded vs 7952 OI: Earnings 5/4 After Close $48.02 Ref
• Akamai Technologies, Inc. AKAM May 5th 62.0 Puts Sweep: 758 @ ASK $2.538: 1237 traded vs 28 OI: $62.46 Ref
• Aegean Marine Petroleum Network Inc. ANW Pet Dec17 7.5 Puts Sweep: 695 @ ASK $0.531: 700 traded vs 0 OI: Earnings 5/23 After Close [est] $11.10 Ref
• Fitbit Inc FIT Jun 5.0 Puts Sweep: 500 @ ASK $0.21: 805 traded vs 53 OI: Earnings Today After Close $5.81 Ref
• Oclaro, Inc. OCLR May 7.0 Puts Sweep: 500 @ ASK $0.20: 500 traded vs 3765 OI: $8.31 Ref
• DDR Corp DDR Jul 10 Put; 3341 @Bid @$0.26; Ref=$10.94
• FireEye Inc FEYE Jun 10.0 Puts: 500 @ ASK $0.20: 836 traded vs 4173 OI: $12.09 Ref