Watch These 5 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.

• Pier 1 Imports Inc PIR Jul16 5.0 Puts Sweep: 1153 @ ASK $0.35: 3125 traded vs 595 OI: Earnings today After Close $5.42 Ref
• ARM Holdings plc (ADR) ARMH Aug16 44.0 Puts Sweep: 513 @ ASK $2.40: 513 traded vs 0 OI: Earnings 7/27 $43.89 Ref
• Kosmos Energy Ltd KOS Jul16 5.0 Puts Sweep: 801 @ ASK $0.15: 850 traded vs 16 OI: Earnings 8/1 $5.47 Ref
• salesforce.com, inc. CRM Fri 7/1 78.0 Puts (Wkly) Sweep: 500 @ ASK $0.60: 626 traded vs 183 OI: Earnings 8/18 $78.65 Ref
• Workday Inc WDAY Jan17 65.0 Puts: 608 @ Above Ask! $5.50: 760 traded vs 192 OI: $73.72 Ref