Watch These 6 Huge Put 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.

• T-Mobile US Inc TMUS Oct 20 $57 Puts at the Ask: 12500 @ $0.25 vs 49 OI; Ref=$61.575
• Pilgrim's Pride Corporation PPC Nov 17 $27 Puts Sweep (2) at the Ask: 2500 @ $0.85 vs 4 OI; Ref=$28.33
• Transocean LTD RIG Oct 20 $10 Puts Sweep (25) at the Bid: 2322 @ $0.161 vs 1041 OI; Ref=$10.7
• Oclaro Inc OCLR Oct 6 $9 Puts Sweep (17) at the Ask: 819 @ $0.5 vs 135 OI; Ref=$8.6
• Momo Inc (ADR) MOMO Oct 20 $31.5 Puts Sweep (20) at the Ask: 505 @ $1.351 vs 3 OI; Ref=$31.68
• American Axle & Manufact. Holdings, Inc. AXL Nov 17 $17 Puts at the Bid: 500 @ $0.801 vs 0 OI; Ref=$17.555