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

• Agenus Inc AGEN Sep16 7.0 Calls Sweep: 1815 @ ASK $0.25: 1815 traded vs 27 OI: $5.86 Ref
• Summit Materials Inc SUM Nov16 22.5 Calls: 4000 @ ASK $1.05: 4000 traded vs 7 OI: $20.23 Ref
• Kate Spade & Co KATE Sep16 20.0 Calls Sweep: 1488 @ ASK $0.40: 3281 traded vs 13 OI: $18.38 Ref
• Wayfair Inc W Dec16 70.0 Calls Sweep: 724 @ ASK $0.25: 724 traded vs 57 OI: $37.61 Ref
• Union Pacific Corporation UNP Fri 8/12 93.5 Calls (Wkly) Sweep: 500 @ ASK $0.28: 506 traded vs 64 OI: $93.31 Ref
• Melco Crown Entertainment Ltd (ADR) MPEL Aug16 15.0 Calls Sweep: 869 @ ASK $0.25: 894 traded vs 189 OI: $14.74 Ref
• Boyd Gaming Corporation BYD Aug16 20.0 Calls Sweep: 3401 @ ASK $0.15: 3401 traded vs 1567 OI: $19.41 Ref