Watch These 5 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Paypal Holdings Inc PYPL Sep 29 $59 Puts at the Bid: 1000 @ $1.031 vs 18 OI; Ref=$60.24
• Sears Holdings Corp SHLD Sep 15 $8.5 Puts Sweep (2) at the Ask: 1000 @ $0.6 vs 333 OI; Ref=$8.45
• Chipotle Mexican Grill, Inc. CMG Nov 17 $265 Puts Sweep (2) at the Ask: 997 @ $4.75 vs 1 OI; Ref=$311.2
• Herc Holdings Inc HRI Oct 20 $40 Puts Sweep (30) at the Ask: 524 @ $1.949 vs 7 OI; Ref=$41.25
• Juno Therapeutics Inc JUNO Oct 20 $32.5 Puts Sweep (25) at the Bid: 531 @ $0.71 vs 101 OI; Ref=$43.2645