Watch These 5 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.

• GoPro Inc GPRO Fri 10/7 13.0 Puts (Wkly) Sweep: 4000 @ Above Ask! $0.61: 4000 traded vs 17 OI: Earnings 10/26 $13.95 Ref
• Yelp Inc YELP Oct16 40.0 Puts Sweep: 2095 @ ASK $2.45: 2095 traded vs 14 OI: Earnings 10/26 $39.49 Ref
• Momenta Pharmaceuticals, Inc. MNTA Sep16 10.0 Puts Sweep: 543 @ ASK $0.40: 565 traded vs 2723 OI: $11.22 Ref
• 3D Systems Corporation DDD Sep16 15.5 Puts Sweep: 1267 @ ASK $0.50: 1518 traded vs 147 OI: $15.82 Ref
• Summit Midstream Partners LP SMLP Fri $22.5 Puts at the bid: 2000 @ 0.651 vs. Open Interest 0