Watch These 7 Huge Call 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.

• BlackBerry Ltd BBRY Aug16 8.0 Calls Sweep: 500 @ ASK $0.18: 3048 traded vs 28k OI: Earnings 6/23 Before Open $7.04 Ref
• Kellogg Company K Sep16 80.0 Calls Sweep: 651 @ ASK $2.15: 1352 traded vs 4088 OI: Earnings 8/4 Before Open $76.93 Ref
• Avon Products, Inc. AVP Jul16 4.5 Calls Sweep: 743 @ ASK $0.20: 1311 traded vs 3359 OI: Earnings 8/4 $4.21 Ref
• WisdomTree Investments, Inc. WETF Sep16 13.0 Calls Sweep: 500 @ ASK $0.40: 7875 traded vs 477 OI: Earnings 7/29 $10.71 Ref
• Cypress Semiconductor Corporation CY Dec16 12.0 Calls Sweep: 524 @ ASK $0.55: 4911 traded vs 71k OI: Earnings 7/28 $10.31 Ref
• Cisco Systems, Inc. CSCO Jul16 30.0 Calls Sweep: 2480 @ ASK $0.11: 2820 traded vs 39k OI: $29.04 Ref
• Marathon Oil Corporation MRO Jul16 15.0 Calls: 839 @ ASK $0.45: 4238 traded vs 16k OI: Earnings 8/3 $13.97 Ref