Watch These Huge Put Purchases In Tuesday 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.

• Mylan NV MYL Sep16 40.5 Puts: 2000 @ ASK $0.99: 2193 traded vs 130 OI: $40.78 Ref
• Santander Consumer USA Holdings Inc SC Oct16 11.0 Puts Sweep: 500 @ ASK $0.60: 2225 traded vs 795 OI: $12.51 Ref
• Patterson-UTI Energy, Inc. PTEN Sep16 19.0 Puts Sweep: 2091 @ ASK $0.30: 2091 traded vs 688 OI: $20.05 Ref