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.

• Snap Inc SNAP Sep 15 $14 Puts at the Bid: 2582 @ $1.861 vs 354 OI; Ref=$13.54
• Intel Corporation INTC Sep. 2018 $33 Puts Sweep (22) at the Bid: 1076 @ $2.55 vs 138 OI; Ref=$34.967
• Teva Pharmaceutical Industries Ltd (ADR) TEVA Aug 4 $34 Puts Sweep (9) at the Bid: 520 @ $1.49 vs 0 OI; Ref=$32.79
• Facebook Inc FB Aug 11 $175 Puts Sweep (20) at the Bid: 500 @ $3.398 vs 62 OI; Ref=$174.04
• Celgene Corporation CELG Fri $136 Puts Sweep (37) at the Ask: 500 @ $1.591 vs 287 OI; Ref=$135.2