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.

• Valeant Pharmaceuticals Intl Inc VRX May 9.0 Puts: 2000 @ ASK $0.33: 2117 traded vs 26k OI: Earnings 5/9 Before Open $10.04 Ref
• Imax Corp (USA) IMAX May 29.0 Puts: 688 @ ASK $0.35: 2012 traded vs 88 OI: Earnings 7/19 Before Open [est] $30.07 Ref
• Bristol-Myers Squibb Co BMY Jun $50 Put; 3850 @Bid @$0.17; Ref=$55.52
• Starwood Property Trust, Inc. STWD May 20.0 Puts Sweep: 500 @ ASK $0.05: 500 traded vs 1 OI: Earnings 5/9 Before Open $22.24 Ref
• Coty Inc COTY Nov $16 Puts; 8000 at the bid @ 0.77; Ref=$18.45