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.

• GameStop Corp. GME Jan17 34.0 Calls: 850 @ ASK $1.70: 876 traded vs 52 OI: Earnings 8/25 $30.32 Ref
• Leidos Holdings, Inc. LDOS Aug16 70.0 Calls: 1000 @ ASK $0.05: 3016 traded vs 43k OI: Earnings 7/28 Before Open $49.63 Ref
• Novavax, Inc. NVAX Jan17 7.0 Calls: 5372 @ ASK $2.70: 5601 traded vs 15k OI: Earnings 8/8 $7.58 Ref
• Abercrombie & Fitch Co. ANF Fri 8/12 20.5 Calls (Wkly) Sweep: 560 @ ASK $0.64: 570 traded vs 43 OI: Earnings 8/24 $20.00 Ref
• Broadcom Ltd AVGO Aug16 165 Calls Sweep: 675 @ ASK $4.20: 857 traded vs 6142 OI: Earnings 8/24 $163.09 Ref
• Electronic Arts Inc. EA Sep16 87.5 Calls: 2000 @ ASK $0.77: 2000 traded vs 177 OI: Earnings tmrrw After Close $78.48 Ref
• Alibaba Group Holding Ltd BABA Fri 7/22 84.0 Calls (Wkly) Sweep: 2379 @ Above Ask! $0.35: 3413 traded vs 835 OI: Earnings 8/10 $82.66 Ref