Watch These 7 Huge Put 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.

• Amgen, Inc. (NASDAQ: AMGN) Fri 6/24 150 Puts (Wkly): 1101 @ ASK $1.17: 1517 traded vs 268 OI: Earnings 8/4 $151.25 Ref
• AbbVie Inc (NYSE: ABBV) Fri 6/24 61.0 Puts (Wkly) Sweep: 863 @ ASK $1.20: 1009 traded vs 89 OI: Earnings 7/22 $60.36 Ref
• Yelp Inc (NYSE: YELP) Jul16 24.0 Puts Sweep: 750 @ ASK $0.15: 798 traded vs 120 OI: Earnings 7/26 $28.94 Ref
• Viacom, Inc. (NASDAQ: VIAB) Fri 6/24 46.0 Puts (Wkly) Sweep: 528 @ ASK $1.85: 9157 traded vs 0 OI: Earnings 8/4 Before Open $44.89 Ref
• Expedia Inc (NASDAQ: EXPE) Fri 6/24 110 Puts (Wkly) Sweep: 622 @ ASK $2.05: 734 traded vs 47 OI: Earnings 8/4 $108.93 Ref
• ARM Holdings plc (ADR) (NASDAQ: ARMH) Jul16 45.0 Puts Sweep: 517 @ ASK $2.00: 2296 traded vs 38 OI: Earnings 7/27 $44.11 Ref
• Transocean LTD (NYSE: RIG) Jul16 10.0 Puts Sweep: 1000 @ ASK $0.26: 1053 traded vs 10k OI: Earnings 8/3 $11.44 Ref