Watch These 11 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.

• Stifel Financial Corp SF Jul 21 $40 Puts Above Ask!: 2882 @ 1.2 vs 28 OI; Ref=$47.65
• Starbucks Corporation SBUX Apr 28 $57.5 Puts Sweep (22) at the ask: 2967 @ 1.031 vs 26 OI; Ref=$57.71
• GoPro Inc GPRO May 9.0 Puts Sweep: 2502 @ ASK $0.85: 2556 traded vs 599 OI: Earnings 4/27 After Close $9.14 Ref
• NXP Semiconductors NV NXPI Jan 2018 110 Put; 5000 @Bid @$7.25; Ref=$103.99
• Twitter Inc TWTR Sep $14 Put; 3527 @Bid @$1.36; Ref=$14.20
• BP plc (ADR) BP Jun 16 $35 Puts Sweep (38) at the ask: 5000 @ 1.421 vs 165 OI; Ref=$34.99
• Vale SA (ADR) VALE Apr 28 $8 Puts at the bid: 5000 @ 0.171 vs 4244 OI; Ref=$8.915
• Barrick Gold Corp (USA) ABX May 19 $19 Puts Sweep (26) at the ask: 5165 @ 0.59 vs 3848 OI; Ref=$19.72
• Solaredge Technologies Inc SEDG May 19 $15 Puts at the ask: 3000 @ 0.7 vs 113 OI; Ref=$16.45
• Best Buy Co Inc BBY Apr 21 $46.5 Puts at the bid: 3300 @ 0.201 vs 146 OI; Ref=$48.565
• Rent-A-Center Inc RCII May 19 $10 Puts Sweep (2) at the ask: 3000 @ 1.051 vs 2318 OI; Ref=$10.39