Watch These 5 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.

• Fossil Group Inc FOSL Apr 16.0 Puts Sweep: 1000 @ ASK $0.10: 1000 traded vs 2168 OI: Earnings 5/9 After Close [est] $16.89 Ref
• Ctrip.Com International Ltd (ADR) CTRP May 5th 49.0 Puts Sweep: 945 @ ASK $1.126: 1508 traded vs 0 OI: Earnings 5/10 After Close $49.18 Ref
• Select Comfort Corp. SCSS Apr 25 Put; 2000 @Bid @$1.35; Ref=$25.11
• Novavax, Inc. NVAX Apr 1.0 Puts Sweep: 700 @ ASK $0.20: 700 traded vs 2256 OI: Earnings 5/4 After Close [est] $0.84 Ref
• United Rentals, Inc. URI Apr $120 Put; 2000 @Bid @$4.10; Ref= $120