Watch These 7 Huge Put 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.

• Intel Corporation INTC Nov 17 $35 Puts at the Bid: 5000 @ $0.391 vs 4847 OI; Ref=$37.057
• Rent-A-Center Inc RCII Mar 16 $10 Puts Sweep (26) at the Bid: 1670 @ $1.351 vs 564 OI; Ref=$11.1
• Netflix, Inc. NFLX Oct 6 $170 Puts Sweep (63) at the Bid: 1154 @ $0.851 vs 1007 OI; Ref=$180.9399
• Sarepta Therapeutics Inc SRPT Fri $44 Puts at the Ask: 1000 @ $1.0 vs 104 OI; Ref=$44.31
• Alibaba Group Holding Ltd BABA Oct 20 $167.5 Puts Sweep (27) at the Ask: 1000 @ $3.951 vs 710 OI; Ref=$169.7
• Deckers Outdoor Corp DECK Fri $64 Puts Sweep (44) at the Bid: 990 @ $0.801 vs 4 OI; Ref=$64.35
• Tanger Factory Outlet Centers Inc. SKT Nov 17 $25 Puts Sweep (11) at the Bid: 886 @ $1.151 vs 40 OI; Ref=$25.06