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.

• Gigamon Inc GIMO Oct 35.0 Puts: 1000 @ ASK $2.95: 2275 traded vs 194 OI: Earnings 7/27 After Close (est) $37.97 Ref
• Starbucks Corporation SBUX Jul 60.0 Puts Sweep: 1800 @ ASK $0.909: 1825 traded vs 2893 OI: Earnings 7/27 After Close (est) $61.66 Ref
• Esperion Therapeutics Inc ESPR Jun 30.0 Puts Sweep: 515 @ ASK $0.726: 1077 traded vs 230 OI: Earnings 8/3 After Close (est) $35.23 Ref
• Mondelez International Inc MDLZ June 2018 $38 Put; 2000 @Bid @$1.77; Ref=$45.58
• Herbalife Ltd. HLF Jan18 45.0 Puts: 600 @ ASK $1.83: 600 traded vs 2716 OI: Earnings 8/3 After Close (est) $71.14 Ref