Watch These 7 Huge Call Purchases In Friday 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 Thursday's regular session.

Symantec Corporation (NASDAQ: SYMC) Jan17 20.0 Calls: 1700 @ Above Ask! $1.39: 1700 traded vs 49 OI: Earnings 8/9 $19.70 Ref

Pandora Media Inc (NYSE: P) Jul16 13.0 Calls Sweep: 521 @ ASK $0.29: 1106 traded vs 4581 OI: $11.52 Ref

Kate Spade & Co (NYSE: KATE) Oct16 20.0 Calls Sweep: 602 @ ASK $2.15: 602 traded vs 10 OI: Earnings 8/3 $19.82 Ref

Tronox Ltd (NYSE: TROX) Jan17 8.0 Calls: 4800 @ ASK $0.25: 4802 traded vs 13k OI: Earnings 8/2 $4.29 Ref

BlackBerry Ltd (NASDAQ: BBRY) Jan18 7.0 Calls: 733 @ ASK $1.35: 1074 traded vs 24k OI: Earnings 6/23 Before Open $6.77 Ref

Target Corporation (NYSE: TGT) Fri 6/24 68.5 Calls (Wkly) Sweep: 1125 @ ASK $0.30: 1125 traded vs 269 OI: $66.84 Ref

Viavi Solutions Inc (NASDAQ: VIAV) Jul16 7.0 Calls: 5843 @ ASK $0.22: 6000 traded vs 482 OI: Earnings 8/9 $6.89 Ref