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

• CalAtlantic Group Inc CAA Nov16 33.0 Calls Sweep: 914 @ ASK $0.15: 914 traded vs 87 OI: Earnings 2/16 After Close (est) $32.11 Ref
• Frontier Communications Corp FTR Jan17 3.5 Calls Sweep: 500 @ ASK $0.15: 5912 traded vs 10k OI: Earnings 2/21 Before Open (est) $3.33 Ref
• Ctrip.Com International Ltd (ADR) CTRP Dec16 41.0 Calls Sweep: 1445 @ ASK $2.10: 1445 traded vs 239 OI: Earnings 11/23 After Close (est) $41.13 Ref
• Cisco Systems, Inc. CSCO Fri 11/25 31.5 Calls (Wkly): 4000 @ ASK $0.77: 4029 traded vs 1997 OI: Earnings today After Close $31.65 Ref
• Rite Aid Corporation RAD Nov 25 $7.5 Calls at the ask: 5000 @ 0.201 vs 10 OI
• Cognizant Technology Solutions Corp CTSH Nov16 55.0 Calls Sweep: 970 @ ASK $0.35: 1605 traded vs 4208 OI: Earnings 2/6 Before Open (est) $54.36 Ref
• Nordic American Tanker Ltd NAT Nov16 10.0 Calls Sweep: 987 @ ASK $0.20: 3915 traded vs 2851 OI: Earnings 2/6 Before Open (est) $9.56 Ref