Watch These 4 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.

• Terex Corporation TEX Dec16 30.0 Puts Sweep: 894 @ ASK $0.604: 894 traded vs 201 OI: Earnings 2/14 After Close (est) $30.83 Ref
• Pandora Media Inc P Dec16 13.0 Puts Sweep: 1035 @ ASK $0.15: 1107 traded vs 3844 OI: Earnings 2/9 After Close (est) $13.56 Ref
• American Express Company AXP Dec16 72.5 Puts Sweep: 1000 @ ASK $0.439: 1607 traded vs 425 OI: Earnings 1/19 After Close (est) $73.49 Ref
• CytRx Corporation CYTR Dec16 0.5 Puts Sweep: 500 @ ASK $0.05: 500 traded vs 460 OI: Earnings 3/9 After Close (est) $0.51 Ref