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.

• Mondelez International Inc (NASDAQ: MDLZ) 12/30 39.5 Puts (Wkly) Sweep: 4381 @ ASK $0.44: 4381 traded vs 85 OI: Earnings 2/1 Before Open (est) $42.85 Ref
• GoPro Inc (NASDAQ: GPRO) Jan17 9.0 Puts Sweep: 1624 @ ASK $0.999: 9964 traded vs 11k OI: Earnings 2/2 After Close (est) $9.89 Ref
• Rite Aid Corporation (NYSE: RAD) Jan17 6.0 Puts: 1000 @ Above Ask! $0.28: 3684 traded vs 125k OI: Earnings 12/22 Before Open $7.93 Ref
• Autodesk, Inc. (NASDAQ: ADSK) Dec16 62.5 Puts Sweep: 867 @ ASK $0.28: 1009 traded vs 552 OI: $75.46 Ref
• Nutanix Inc (NASDAQ: NTNX) Dec16 25.0 Puts Sweep: 654 @ ASK $0.802: 1433 traded vs 345 OI: $34.08 Ref