Watch These 5 Huge Put Purchases In Monday 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 Friday’s regular session.

• Mylan NV MYL Nov16 32.5 Puts: 3000 @ Above Ask! $0.42: 3060 traded vs 5897 OI: Earnings 11/9 After Close $37.20 Ref
• Teva Pharmaceutical Industries Ltd (ADR) TEVA Dec16 40.0 Puts Sweep: 1003 @ ASK $1.20: 1034 traded vs 3905 OI: Earnings 11/15 Before Open $42.19 Ref
• Spirit AeroSystems Holdings, Inc. SPR Nov16 49.0 Puts: 1000 @ ASK $1.25: 1000 traded vs 10 OI: Earnings 11/1 Before Open $50.25 Ref
• Rent-A-Center Inc RCII Mar17 10.0 Puts Sweep: 2000 @ ASK $1.38: 2010 traded vs 31 OI: $10.11 Ref
• Apple Inc. AAPL Weekly $114 Put; 3854 @Bid @$0.13; Ref=$114.55