Watch These 7 Huge Call 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.

• Yelp Inc YELP Aug16 35.0 Calls Sweep: 759 @ ASK $0.80: 792 traded vs 47 OI: Earnings 7/26 $29.21 Ref
• Ally Financial Inc ALLY Dec16 18.0 Calls: 5000 @ ASK $0.70: 5001 traded vs 13k OI: Earnings 7/26 Before Open $15.61 Ref
• Skechers USA Inc SKX Aug16 28.0 Calls Sweep: 3103 @ ASK $2.75: 3103 traded vs 66 OI: $28.94 Ref
• SolarCity Corp SCTY Jul16 30.0 Calls: 2600 @ ASK $0.10: 2610 traded vs 12k OI: Earnings 8/3 $24.05 Ref
• Valeant Pharmaceuticals Intl Inc VRX Oct16 40.0 Calls: 6000 @ ASK $0.48: 6203 traded vs 13k OI: Earnings 7/22 Projected $19.88 Ref
• Galena Biopharma Inc GALE Jan17 2.0 Calls Sweep: 4128 @ ASK $0.05: 4168 traded vs 44k OI: Earnings 8/4 $0.36 Ref
• General Electric Company GE Fri 7/1 29.5 Calls (Wkly) Sweep: 3993 @ ASK $1.02: 4397 traded vs 2981 OI: Earnings 7/22 Before Open $30.47 Ref