Watch These 7 Huge Put 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.

• Scorpio Bulkers Inc SALT Mar 5.0 Puts: 1108 @ ASK $0.30: 1388 traded vs 100 OI: Earnings 2/28 Before Open (est) $6.82 Ref
• Sears Holdings Corp SHLD Jan 10.0 Puts Sweep: 635 @ ASK $1.15: 2036 traded vs 14k OI: Earnings 2/23 Before Open (est) $9.06 Ref
• BofI Holding, Inc. BOFI Apr 25.0 Puts: 1000 @ ASK $1.80: 2681 traded vs 1304 OI: Earnings 1/30 After Close $27.55 Ref
• Monster Beverage Corporation MNST Jan 43.33 Puts Sweep: 500 @ ASK $0.60: 792 traded vs 2961 OI: Earnings 2/23 After Close (est) $43.29 Ref
• Apple Inc. AAPL Jan 2018 $97.5 Put; 2000 @Bid @$3.75; Ref= $120.13
• Coach Inc COH Feb 36.0 Puts Sweep: 3868 @ ASK $1.90: 3876 traded vs 665 OI: Earnings 1/31 Before Open $35.15 Ref
• Petroleo Brasileiro SA Petrobras (ADR) PBR Feb $12 Put; 7000 @Bod @$1.10; Ref=$11.23