Watch These 7 Huge Put 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.

• Dana Holding Corporation DAN Aug16 11.0 Puts: 1554 @ ASK $0.40: 2000 traded vs 15 OI: Earnings 7/21 Before Open $11.57 Ref
• Tyson Foods, Inc. TSN 7/29 70.5 Puts (Wkly) Sweep: 522 @ ASK $1.05: 2015 traded vs 0 OI: Earnings 8/8 Before Open $70.77 Ref
• Mylan NV MYL 7/29 45.0 Puts (Wkly) Sweep: 647 @ ASK $0.98: 647 traded vs 2 OI: Earnings 8/9 After Close $44.91 Ref
• Computer Sciences Corporation CSC Sep16 49.0 Puts Sweep: 568 @ ASK $3.20: 569 traded vs 6 OI: Earnings 8/9 $48.17 Ref
• Novavax, Inc. NVAX Aug16 3.0 Puts Sweep: 914 @ ASK $0.10: 914 traded vs 0 OI: Earnings 8/8 $7.37 Ref
• General Electric Company GE Fri 8/5 32.0 Puts (Wkly) Sweep: 10000 @ ASK $0.21: 10k traded vs 1283 OI: Earnings 7/22 Before Open $32.90 Ref
• GameStop Corp. GME Aug16 31.0 Puts Sweep: 1145 @ ASK $1.82: 1185 traded vs 16 OI: Earnings 8/25 $30.77 Ref