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.

• Tenet Healthcare Corp (NYSE: THC) Apr 17.5 Puts Sweep: 3996 @ ASK $1.298: 3996 traded vs 0 OI: Earnings 5/1 After Close (est) $17.69 Ref
• Sientra Inc (NASDAQ: SIEN) Jul 7.5 Puts Sweep: 500 @ ASK $0.639: 500 traded vs 9002 OI: Earnings 5/4 After Close (est) $8.57 Ref
• Ally Financial Inc (NYSE: ALLY) Apr 21 Put; 2950 @Bid @$1.05; Ref=$20.15
• Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) Apr 5.0 Puts Sweep: 500 @ ASK $0.10: 595 traded vs 1586 OI: Earnings 5/10 After Close (est) $8.18 Ref
• Johnson & Johnson (NYSE: JNJ) May $120 Put; 2800 @ Bid @$0.90; Ref=$125.79