Watch These 8 Huge Call Purchases In Wednesday 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 Tuesday's regular session.

• Monsanto Company MON Jul16 115 Calls: 1111 @ Above Ask! $1.36: 2543 traded vs 23k OI: Earnings 6/29 Before Open $107.65 Ref
• General Electric Company GE Fri 7/8 31.0 Calls (Wkly) Sweep: 3000 @ ASK $0.44: 3111 traded vs 772 OI: Earnings 7/22 Before Open $30.98 Ref
• Delta Air Lines, Inc. DAL Fri 7/1 40.5 Calls (Wkly) Sweep: 1629 @ ASK $0.35: 12k traded vs 18 OI: Earnings 7/20 $38.72 Ref
• Teva Pharmaceutical Industries Ltd (ADR) TEVA Sep16 60.0 Calls: 950 @ ASK $0.43: 1037 traded vs 30k OI: Earnings 8/4 $51.07 Ref
• Costco Wholesale Corporation COST Aug16 165 Calls: 2323 @ ASK $1.20: 2377 traded vs 115 OI: $157.56 Ref
• Southwest Airlines Co LUV Fri 7/1 41.5 Calls (Wkly) Sweep: 1152 @ ASK $0.50: 8319 traded vs 25 OI: Earnings 7/21 Before Open $40.59 Ref
• Delek US Holdings, Inc. DK Jan17 15.0 Calls: 3186 @ ASK $1.10: 3500 traded vs 2 OI: Earnings 8/1 $12.14 Ref
• Kinder Morgan Inc KMI Jul16 19.0 Calls Sweep: 1997 @ ASK $0.22: 2000 traded vs 11k OI: Earnings 7/20 $18.14 Ref