Watch These 7 Huge Call Purchases In Monday 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 Friday's regular session.

• International Business Machines Corp. IBM Aug16 155 Calls: 1700 @ ASK $8.25: 11k traded vs 7048 OI: $163.19 Ref
• Francesca's Holdings Corp FRAN Sep16 14.0 Calls: 1800 @ ASK $0.55: 1896 traded vs 16 OI: Earnings 9/14 $13.13 Ref
• Alibaba Group Holding Ltd BABA Oct16 90.0 Calls: 2800 @ ASK $1.97: 5948 traded vs 20k OI: Earnings 8/11 Before Open $84.89 Ref
• Abercrombie & Fitch Co. ANF Fri 9/2 21.0 Calls (Wkly) Sweep: 504 @ ASK $1.17: 782 traded vs 29 OI: Earnings 8/24 $20.87 Ref
• Bristol-Myers Squibb Co BMY Jan 2018 70.0 Calls: 4094 @ Above Ask! $4.65: 5290 traded vs 678 OI: $62.48 Ref
• Groupon Inc GRPN Aug16 6.0 Calls Sweep: 946 @ ASK $0.14: 1066 traded vs 383 OI: $5.67 Ref
• Amarin Corporation plc (ADR) AMRN Sep16 4.0 Calls Sweep: 620 @ ASK $0.22: 620 traded vs 2788 OI: $3.35 Ref