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

• Medivation Inc MDVN Sep16 65.0 Calls: 4000 @ Above Ask! $2.38: 15k traded vs 5310 OI: Earnings 7/26 After Close $61.79 Ref
• VMware, Inc. VMW Oct16 62.5 Calls Sweep: 1288 @ ASK $5.40: 1288 traded vs 2041 OI: Earnings 7/18 After Close $62.17 Ref
• Xilinx, Inc. XLNX Fri 8/26 52.0 Calls (Wkly) Sweep: 500 @ ASK $0.52: 500 traded vs 0 OI: Earnings 7/27 After Close $48.00 Ref
• BorgWarner Inc. BWA Aug16 32.5 Calls Sweep: 1965 @ ASK $1.10: 5631 traded vs 272 OI: Earnings 7/28 Before Open $31.74 Ref
• Yahoo! Inc. YHOO Fri 7/22 40.0 Calls (Wkly) Sweep: 10000 @ ASK $0.23: 10k traded vs 1718 OI: Earnings 7/18 After Close $37.75 Ref
• Delta Air Lines, Inc. DAL Aug16 41.0 Calls Sweep: 3900 @ ASK $1.15: 5051 traded vs 2870 OI: $39.79 Ref
• Expedia Inc EXPE Aug16 120 Calls: 1250 @ ASK $3.50: 1548 traded vs 346 OI: Earnings 8/4 $114.93 Ref