Watch These 5 Huge Call Purchases In Tuesday 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 Monday's regular session.

• Steel Dynamics, Inc. STLD Jul 38.0 Calls: 9139 @ Above Ask! $0.60: 20k traded vs 278 OI: Earnings 7/18 After Close (est) $34.15 Ref
• Rite Aid Corporation RAD Jul 3.5 Calls: 1000 @ ASK $0.60: 3410 traded vs 6352 OI: Earnings 6/29 Before Open $3.34 Ref
• SAGE Therapeutics Inc SAGE Jul 90.0 Calls: 675 @ ASK $4.50: 1478 traded vs 105 OI: Earnings 8/9 After Close (est) $84.36 Ref
• Lipocine Inc LPCN Jul 5.0 Calls Sweep: 500 @ ASK $0.75: 877 traded vs 142 OI: Earnings 8/8 Before Open (est) $4.02 Ref
• Mylan N.V. MYL Jul 37.5 Calls Sweep: 595 @ ASK $1.19: 1199 traded vs 2255 OI: Earnings 8/8 After Close (est) $37.47 Ref