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.

• Ariad Pharmaceuticals, Inc. ARIA Aug16 11.5 Calls Sweep: 2000 @ ASK $0.10: 2000 traded vs 0 OI: $9.96 Ref
• Alibaba Group Holding Ltd BABA Aug16 90.0 Calls Sweep: 3000 @ ASK $0.49: 7383 traded vs 13k OI: Earnings 8/11 Before Open $84.82 Ref
• Express, Inc. EXPR Aug16 15.0 Calls Sweep: 624 @ ASK $0.60: 1261 traded vs 73 OI: Earnings 8/24 $15.31 Ref
• Fiat Chrysler Automobiles NV FCAU Nov16 9.0 Calls Sweep: 1000 @ ASK $0.15: 1000 traded vs 3 OI: $6.76 Ref
• Target Corporation TGT Aug16 75.0 Calls Sweep: 639 @ ASK $1.46: 5182 traded vs 3393 OI: Earnings 8/17 Before Open $75.05 Ref
• NeoPhotonics Corp NPTN Sep16 15.0 Calls Sweep: 500 @ ASK $0.70: 519 traded vs 32 OI: $13.35 Ref
• SolarCity Corp SCTY Jan17 25.0 Calls: 2496 @ ASK $1.95: 2514 traded vs 9937 OI: Earnings Today $24.47 Ref