Watch These 5 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.

• Ambarella Inc AMBA Jun 55.0 Puts: 1970 @ ASK $1.50: 3134 traded vs 390 OI: Earnings 6/6 After Close $57.82 Ref
• Workday Inc WDAY Jun 2nd 90.0 Puts Sweep: 1468 @ ASK $0.60: 2515 traded vs 437 OI: $100.25 Ref
• Snap Inc SNAP Oct 21.0 Puts: 4900 @ ASK $3.60: 4911 traded vs 5869 OI: Earnings 8/9 After Close (est) $21.33 Ref
• Chicago Bridge & Iron Company N.V. CBI Oct 12.5 Puts Sweep: 1036 @ ASK $0.35: 1036 traded vs 32 OI: Earnings 7/27 After Close (est) $19.72 Ref
• Synchronoss Technologies, Inc. SNCR Sep 7.5 Puts: 1000 @ ASK $0.40: 1000 traded vs 1515 OI: Earnings 6/6 Unspecified (est) $12.93 Ref