Watch These 5 Huge Put 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.

• Oclaro, Inc. OCLR Aug 10.0 Puts Sweep: 3418 @ ASK $1.20: 3930 traded vs 6 OI: Earnings 8/1 After Close (est) $9.84 Ref
• MiMedx Group Inc MDXG Sep 12.5 Puts Sweep: 891 @ ASK $0.55: 3497 traded vs 1582 OI: Earnings 7/26 Before Open (est) $15.47 Ref
• Cara Therapeutics Inc CARA Jul 20.0 Puts Sweep: 748 @ ASK $1.40: 1080 traded vs 2919 OI: Earnings 8/3 After Close (est) $23.95 Ref
• Avis Budget Group Inc. CAR Aug 28.0 Puts Sweep: 1001 @ Above Ask! $3.869: 1021 traded vs 732 OI: Earnings 8/2 After Close (est) $27.33 Ref
• North Atlantic Drilling Ltd. NADL Jul 3.0 Puts: 600 @ ASK $1.90: 600 traded vs 8994 OI: Earnings 8/24 Unspecified (est) $1.51 Ref