Watch These 10 Huge Put Purchases In Wednesday 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 Tuesday’s regular session.

• Southwest Airlines Co LUV Fri 8/5 36.0 Puts (Wkly) Sweep: 2000 @ ASK $0.80: 2051 traded vs 182 OI: $35.55 Ref
• Kate Spade & Co KATE Aug16 20.0 Puts: 500 @ ASK $1.05: 6974 traded vs 21k OI: Earnings Today Before Open $20.29 Ref
• SeaWorld Entertainment Inc SEAS Mar17 13.0 Puts Sweep: 904 @ ASK $1.15: 905 traded vs 0 OI: Earnings 8/4 Before Open $14.33 Ref
• DISH Network Corp DISH Fri 8/5 49.5 Puts (Wkly) Sweep: 594 @ ASK $0.45: 1734 traded vs 33 OI: $50.47 Ref
• Tripadvisor Inc TRIP Fri 8/5 66.0 Puts (Wkly) Sweep: 746 @ ASK $1.85: 1746 traded vs 103 OI: Earnings Today After Close $68.43 Ref
• Sarepta Therapeutics Inc SRPT Sep16 8.0 Puts: 3300 @ ASK $1.30: 3301 traded vs 138 OI: Earnings 8/4 $25.04 Ref
• Callidus Software Inc. CALD Sep16 20.0 Puts: 1848 @ ASK $1.35: 2501 traded vs 2 OI: $20.34 Ref
• Mondelez International Inc MDLZ Fri 9/9 39.0 Puts (Wkly) Sweep: 1518 @ ASK $0.26: 1518 traded vs 0 OI: $43.28 Ref
• United Rentals, Inc. URI Sep16 77.5 Puts Sweep: 1500 @ ASK $4.80: 1525 traded vs 98 OI: $75.59 Ref
• El Pollo LoCo Holdings Inc LOCO Aug16 13.5 Puts Sweep: 1007 @ ASK $1.05: 1007 traded vs 7 OI: Earnings 8/4 After Close $12.98 Ref