Watch These 10 Huge Call Purchases In Thursday 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 Wednesday's regular session.

• PepsiCo, Inc. PEP Sep 125 Calls Sweep: 10000 @ ASK $0.52: 20k traded vs 144 OI: Earnings 7/13 Before Open (est) $116.21 Ref
• United States Steel Corporation X Jun 22.0 Calls: 9300 @ ASK $0.96: 11k traded vs 4984 OI: Earnings 7/25 After Close (est) $21.46 Ref
• Cypress Semiconductor Corporation CY Sep 14.0 Calls Sweep: 4406 @ ASK $0.85: 4406 traded vs 10k OI: Earnings 7/27 After Close (est) $13.41 Ref
• Synchrony Financial SYF Jul 27.0 Calls Sweep: 3488 @ ASK $1.20: 3750 traded vs 2 OI: Earnings 7/28 Before Open (est) $26.93 Ref
• Imax Corp (USA) IMAX Jun 26.0 Calls: 2561 @ ASK $0.50: 3057 traded vs 6 OI: Earnings 7/19 Before Open (est) $25.22 Ref
• Visa Inc V Jun 23rd 95.5 Calls Sweep: 2176 @ Above Ask! $1.13: 2217 traded vs 44 OI: Earnings 7/20 After Close (est) $94.46 Ref
• Microsemi Corporation MSCC Sep 50.0 Calls: 1000 @ ASK $3.40: 2000 traded vs 28 OI: Earnings 7/27 After Close (est) $49.42 Ref
• American Eagle Outfitters AEO Jun 9th 11.0 Calls Sweep: 2176 @ ASK $0.45: 2176 traded vs 15 OI: Earnings 8/16 Before Open (est) $11.09 Ref
• Yelp Inc YELP Aug 28.0 Calls Sweep: 1415 @ ASK $2.50: 1988 traded vs 78 OI: Earnings 8/9 After Close (est) $27.88 Ref
• Northern Dynasty Minerals Ltd NAK Jun 2.0 Calls: 650 @ ASK $0.10: 660 traded vs 10k OI: Earnings 8/10 Unspecified (est) $1.66 Ref