Watch These 7 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.

• Lifelock Inc LOCK Aug16 16.0 Puts Sweep: 3802 @ ASK $1.10: 6361 traded vs 263 OI: Earnings 8/3 $16.20 Ref
• Best Buy Co Inc BBY Aug16 31.0 Puts Sweep: 1511 @ ASK $0.97: 1515 traded vs 341 OI: Earnings 8/23 $31.19 Ref
• Cavium Inc CAVM Aug16 40.0 Puts Sweep: 500 @ ASK $2.25: 907 traded vs 13 OI: Earnings 7/26 After Close $40.79 Ref
• General Motors Company GM Fri 7/22 31.0 Puts (Wkly) Sweep: 1873 @ ASK $0.90: 1903 traded vs 138 OI: Earnings 7/21 Before Open $30.46 Ref
• Starbucks Corporation SBUX Fri 7/22 57.5 Puts (Wkly) Sweep: 2499 @ ASK $1.48: 2503 traded vs 412 OI: Earnings 7/21 After Close $57.02 Ref
• Take-Two Interactive Software, Inc. TTWO Jul16 41.0 Puts Sweep: 674 @ ASK $0.40: 674 traded vs 5 OI: Earnings 8/8 $41.08 Ref
• General Growth Properties Inc GGP Aug16 29.0 Puts Sweep: 509 @ ASK $0.40: 1374 traded vs 177 OI: Earnings 8/1 After Close $31.10 Ref