Watch These 7 Huge Call Purchases In Monday 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 Friday's regular session.

• Oclaro, Inc. OCLR Jul 10.0 Calls Sweep: 800 @ ASK $0.75: 945 traded vs 22k OI: Earnings 8/1 After Close (est) $9.76 Ref
• Target Corporation TGT Jul 7th 54.5 Calls Sweep: 1373 @ ASK $0.44: 1393 traded vs 31 OI: Earnings 8/16 Before Open $52.07 Ref
• Sprouts Farmers Market Inc SFM Jul 20.0 Calls: 1000 @ ASK $1.10: 1173 traded vs 5 OI: Earnings 8/3 Before Open (est) $19.91 Ref
• Square Inc SQ Jul 25.0 Calls Sweep: 500 @ ASK $0.65: 991 traded vs 6569 OI: Earnings 8/3 After Close (est) $23.45 Ref
• magicJack VocalTec Ltd CALL Dec17 10.0 Calls: 500 @ ASK $0.25: 1000 traded vs 2007 OI: Earnings 8/9 After Close (est) $7.10 Ref
• AK Steel Holding Corporation AKS Jun 23rd 6.5 Calls Sweep: 1000 @ ASK $0.16: 3259 traded vs 1937 OI: Earnings 7/25 Before Open $6.26 Ref
• Wayfair Inc W Jun 23rd 80.0 Calls Sweep: 502 @ ASK $0.85: 726 traded vs 9 OI: Earnings 8/9 Before Open (est) $76.15 Ref