Watch These 7 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.

• International Paper Co IP Jul16 41.0 Puts: 2250 @ Above Ask! $0.90: 2353 traded vs 242 OI: Earnings 8/3 $41.97 Ref
• Lifelock Inc LOCK Jul16 15.0 Puts Sweep: 1900 @ ASK $1.00: 1900 traded vs 75 OI: Earnings 8/3 $14.55 Ref
• Smith & Wesson Holding Corp SWHC Jun16 21.0 Puts: 4438 @ ASK $0.40: 4890 traded vs 1917 OI: Earnings 6/16 After Close $22.97 Ref
• Hess Corp. HES Jun16 56.5 Puts Sweep: 1000 @ ASK $0.66: 1001 traded vs 5001 OI: Earnings 8/3 $57.89 Ref
• Sarepta Therapeutics Inc SRPT Jul16 10.0 Puts: 5000 @ ASK $0.70: 5095 traded vs 599 OI: Earnings 8/4 $19.29 Ref
• The Kroger Co KR Jul16 35.0 Puts Sweep: 579 @ ASK $0.90: 6841 traded vs 12k OI: Earnings 6/16 Before Open $36.19 Ref
• Fastenal Company FAST Jan17 57.5 Puts Sweep: 959 @ ASK $15.50: 1000 traded vs 0 OI: Earnings 7/12 $43.89 Ref