Watch These 5 Huge Put 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.

• Kandi Technologies Group Inc KNDI Fri 9/9 6.0 Puts (Wkly) Sweep: 2005 @ ASK $0.15: 2080 traded vs 104 OI: $6.01 Ref
• Cempra Inc CEMP Jan17 15.0 Puts: 1250 @ ASK $1.80: 1272 traded vs 2215 OI: Earnings 10/27 $22.11 Ref
• Allscripts Healthcare Solutions Inc MDRX Dec $13 Puts Sweep at the bid: 1465 @ 0.851 vs. Open Interest 157
• Coty Inc COTY Oct $26 Puts Sweep at the bid: 1250 @ 2.775 vs. Open Interest 167
• ZIOPHARM Oncology Inc. ZIOP Fri $4 Puts at the bid: 5000 @ 0.201 vs. Open Interest 506