Watch These 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.

• Navistar International Corp NAV Oct16 9.0 Puts: 500 @ ASK $0.05: 10k traded vs 1769 OI: Earnings 9/8 Before Open $19.96 Ref
• Twitter Inc TWTR Fri 9/9 19.0 Puts (Wkly) Sweep: 5000 @ ASK $0.12: 6765 traded vs 2492 OI: Earnings 10/25 $20.09 Ref
• MBIA Inc. MBI Fri 9/9 7.5 Puts (Wkly) Sweep: 540 @ ASK $0.04: 540 traded vs 0 OI: $7.80 Ref