Watch These 8 Huge Put Purchases In Thursday 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 Wednesday’s regular session.

• Interpublic Group of Companies Inc IPG Nov 17 $20 Puts at the Ask: 5000 @ $0.7 vs 220 OI; Ref=$20.655
• XPO Logistics Inc XPO Nov 17 $60 Puts Sweep (2) at the Bid: 2570 @ $0.625 vs 839 OI; Ref=$68.31
• Snap Inc SNAP Fri $15.5 Puts at the Ask: 2500 @ $0.35 vs 87 OI; Ref=$15.355
• Square Inc SQ Nov 17 $29 Puts Sweep (26) at the Ask: 1189 @ $0.801 vs 467 OI; Ref=$31.87
• Teradata Corporation TDC Nov 17 $32.5 Puts at the Ask: 1000 @ $1.25 vs 15 OI; Ref=$32.885
• Allergan plc AGN Oct 27 $207.5 Puts Sweep (10) at the Bid: 1000 @ $4.25 vs 132 OI; Ref=$208.17
• Starbucks Corporation SBUX Nov 3 $55 Puts Sweep (25) at the Ask: 753 @ $0.95 vs 115 OI; Ref=$55.57
• United Parcel Service, Inc. UPS Dec 15 $120 Puts Sweep (25) at the Bid: 634 @ $4.101 vs 40 OI; Ref=$118.81