Watch These 5 Huge Put Purchases In Friday 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 Thursday’s regular session.

• Trinity Industries Inc TRN May 26th 24.0 Puts: 574 @ ASK $0.65: 3036 traded vs 1 OI: Earnings 4/25 After Close $26.48 Ref
• Ocwen Financial Corp OCN Apr 5.0 Puts Sweep: 770 @ ASK $0.10: 3547 traded vs 19k OI: Earnings 4/26 Unspecified [est] $5.09 Ref
• Coach Inc COH Aug 39.0 Puts Sweep: 1891 @ ASK $2.30: 1893 traded vs 94 OI: Earnings 5/2 Before Open $39.67 Ref
• Intuit Inc. INTU May 110 Puts Sweep: 1070 @ ASK $0.45: 3079 traded vs 1575 OI: Earnings 5/23 After Close [est] $118.70 Ref
• Alere Inc ALR May 25.0 Puts Sweep: 510 @ ASK $0.05: 510 traded vs 1181 OI: Earnings 4/25 Unspecified [est] $48.90 Ref