Watch These 5 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Seadrill Ltd SDRL Apr17 3.0 Puts: 1100 @ ASK $1.30: 1139 traded vs 81 OI: Earnings 11/22 $2.72 Ref
• Abercrombie & Fitch Co. ANF Fri 11/4 16.0 Puts (Wkly) Sweep: 553 @ ASK $0.759: 553 traded vs 175 OI: Earnings 11/18 $16.02 Ref
• General Mills, Inc. GIS Nov16 62.5 Puts: 2000 @ ASK $1.31: 2033 traded vs 597 OI: $63.56 Ref
• Yandex NV YNDX Nov16 19.0 Puts: 915 @ Above Ask! $0.53: 3516 traded vs 101 OI: Earnings 10/25 $21.50
• NVIDIA Corporation NVDA Nov16 70.0 Puts Sweep: 1000 @ ASK $5.10: 2024 traded vs 927 OI: Earnings 11/3 $68.69 Ref