Watch These 7 Huge Put 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.

• The Western Union Company (NYSE: WU) Nov16 20.0 Puts: 2141 @ ASK $1.15: 3004 traded vs 30 OI: Earnings 8/3 After Close $20.19 Ref
• Skechers USA Inc (NYSE: SKX) Sep16 32.0 Puts: 686 @ ASK $2.10: 1500 traded vs 0 OI: Earnings Today After Close $32.56 Ref
• eBay Inc (NASDAQ: EBAY) Fri 7/22 27.0 Puts (Wkly) Sweep: 505 @ ASK $0.79: 809 traded vs 38 OI: $27.06 Ref
• Linear Technology Corporation (NASDAQ: LLTC) Nov16 49.0 Puts: 3000 @ ASK $2.90: 3000 traded vs 12 OI: Earnings 7/26 After Close $48.79 Ref
• Glu Mobile Inc. (NASDAQ: GLUU) Aug16 2.5 Puts: 500 @ ASK $0.20: 2555 traded vs 10k OI: Earnings 8/2 After Close $2.60 Ref
• Oracle Corporation (NYSE: ORCL) Aug16 41.5 Puts Sweep: 1000 @ ASK $0.75: 1016 traded vs 196 OI: $41.41 Ref
• QUALCOMM, Inc. (NASDAQ: QCOM) Fri 7/22 56.0 Puts (Wkly): 1000 @ ASK $1.41: 1095 traded vs 139 OI: Earnings today After Close $55.53 Ref