Watch These 8 Huge Call Purchases In Tuesday 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 Monday's regular session.

• Axovant Sciences Ltd AXON Oct 20 $40 Calls Above Ask!: 5998 @ $7.22 vs 5220 OI; Ref=$22.77
• American Airlines Group Inc AAL Sep 29 $47 Calls at the Ask: 5000 @ $0.341 vs 423 OI; Ref=$45.515
• Urban Outfitters, Inc. URBN Oct 20 $25 Calls Sweep (2) at the Bid: 4960 @ $0.375 vs 201 OI; Ref=$22.9
• Micron Technology, Inc. MU Apr 20 $47 Calls at the Bid: 2200 @ $1.21 vs 85 OI; Ref=$35.72
• Allison Transmission Holdings Inc ALSN Nov 17 $35 Calls Sweep (2) at the Ask: 1000 @ $1.525 vs 110 OI; Ref=$34.955
• Ctrip.Com International Ltd (ADR) CTRP Dec 15 $49 Calls Sweep (19) at the Ask: 1000 @ $6.401 vs 41 OI; Ref=$53.77
• Kellogg Company K Mar 16 $70 Calls at the Ask: 1000 @ $2.4 vs 25 OI; Ref=$68.29
• AbbVie Inc ABBV Oct 6 $88 Calls Sweep (15) at the Ask: 807 @ $1.011 vs 22 OI; Ref=$86.51