Watch These 7 Huge Call 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.

• Alcoa Inc AA Jul16 11.0 Calls Sweep: 1080 @ ASK $0.19: 3145 traded vs 162k OI: Earnings 7/11 After Close $9.92 Ref
• Yum! Brands, Inc. YUM Jun16 87.0 Calls Sweep: 810 @ ASK $0.14: 810 traded vs 42 OI: Earnings 7/12 $84.03 Ref
• AbbVie Inc ABBV Fri 6/10 62.5 Calls (Wkly) Sweep: 1499 @ ASK $0.20: 1627 traded vs 149 OI: Earnings 7/22 $61.40 Ref
• Verizon Communications Inc. VZ Sep16 55.0 Calls: 715 @ ASK $0.27: 4281 traded vs 227 OI: Earnings 7/19 $51.33 Ref
• BHP Billiton Limited (ADR) BHP Jul16 29.0 Calls Sweep: 2189 @ ASK $1.88: 2365 traded vs 498 OI: $29.46 Ref
• BP plc (ADR) BP Jul16 34.0 Calls Sweep: 4524 @ ASK $0.78: 5051 traded vs 13k OI: Earnings 7/26 $33.35 Ref
• VMware, Inc. VMW Aug16 67.5 Calls: 3000 @ ASK $3.00: 7347 traded vs 308 OI: Earnings 7/19 $64.27 Ref