Watch These 4 Huge Put Purchases In Wednesday Trade

by Monica Gerson, Benzinga Staff Writer

June 29, 2016 4:26 AM | 1 min read | Make a Comment

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.

Endo International plc ENDP Jul16 16.0 Puts: 742 @ ASK $0.90: 909 traded vs 78 OI: Earnings 8/8 $16.35 Ref
MGIC Investment Corp. MTG Dec16 6.0 Puts Sweep: 569 @ ASK $0.92: 669 traded vs 30 OI: Earnings 7/21 $5.67 Ref
J C Penney Company Inc JCP Aug16 9.0 Puts Sweep: 2602 @ ASK $0.97: 2602 traded vs 31k OI: Earnings 8/12 $8.71 Ref
Fitbit Inc FIT Aug16 11.0 Puts Sweep: 3630 @ ASK $1.05: 3655 traded vs 805 OI: Earnings 8/3 $11.90 Ref