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.

• Mosaic Co MOS Sep 20.0 Puts Sweep: 10000 @ Above Ask! $0.41: 10k traded vs 11k OI: Earnings 8/1 Before Open (est) $22.74 Ref
• J C Penney Company Inc JCP Aug 5.0 Puts Sweep: 1072 @ ASK $0.57: 9895 traded vs 34k OI: Earnings 8/11 Before Open (est) $4.91 Ref
• Fitbit Inc FIT Jan18 10.0 Puts: 2000 @ ASK $4.85: 2000 traded vs 6404 OI: Earnings 8/1 After Close (est) $5.31 Ref
• Rite Aid Corporation RAD Aug 4 Put; 2846 @Bid @$0.90; Ref = $3.82
• BofI Holding, Inc. BOFI Jul 25.0 Puts Sweep: 539 @ ASK $2.05: 1111 traded vs 3610 OI: Earnings 8/1 After Close (est) $23.47 Ref