Watch These 5 Huge Put 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.

• Best Buy Co Inc (NYSE: BBY) Jan17 29.04 Puts: 1500 @ Above Ask! $1.59: 1501 traded vs 4240 OI: Earnings 8/23 Before Open $32.52 Ref
• Mondelez International Inc (NASDAQ: MDLZ) Fri 9/9 41.0 Puts (Wkly) Sweep: 719 @ ASK $0.35: 1330 traded vs 109 OI: $43.19 Ref
• Cooper Tire & Rubber Co (NYSE: CTB) Sep16 34.0 Puts: 517 @ ASK $1.25: 1001 traded vs 16 OI: $33.67 Ref
• Synchrony Financial (NYSE: SYF) Sep16 28.0 Puts Sweep: 500 @ ASK $1.30: 501 traded vs 2872 OI: $27.28 Ref
• Zillow Group, Inc. (NASDAQ: Z) Nov16 35.0 Puts Sweep: 1511 @ ASK $3.90: 1511 traded vs 309 OI: $33.76 Ref