Watch These 10 Huge Call 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.

• Alibaba Group Holding Ltd BABA Aug16 85.0 Calls: 3000 @ ASK $1.57: 8215 traded vs 24k OI: Earnings 8/10 $82.33 Ref
• The Medicines Company MDCO Sep16 38.0 Calls Sweep: 800 @ ASK $2.00: 800 traded vs 0 OI: Earnings 8/3 $34.46 Ref
• Oclaro, Inc. OCLR Sep16 5.0 Calls Sweep: 1024 @ ASK $0.90: 2980 traded vs 0 OI: Earnings 8/2 $5.43 Ref
• Micron Technology, Inc. MU Oct16 17.0 Calls Sweep: 20001 @ ASK $0.16: 20k traded vs 1599 OI: $13.10 Ref
• OneMain Holdings Inc OMF Aug16 30.0 Calls: 2000 @ ASK $1.15: 2070 traded vs 15 OI: Earnings 8/4 $27.83 Ref
• Lockheed Martin Corporation LMT Aug16 300 Calls: 500 @ ASK $0.10: 6500 traded vs 68k OI: $256.33 Ref
• Activision Blizzard, Inc. ATVI Aug16 43.0 Calls Sweep: 832 @ ASK $1.26: 891 traded vs 12k OI: Earnings 8/4 After Close $41.67 Ref
• ConocoPhillips COP Aug16 43.5 Calls Sweep: 980 @ ASK $0.81: 980 traded vs 18 OI: Earnings 7/28 Before Open $41.81 Ref
• Ford Motor Company F 7/29 13.5 Calls (Wkly) Sweep: 2311 @ ASK $0.27: 15k traded vs 11k OI: Earnings 7/28 Before Open $13.55 Ref
• New Oriental Education & Tech Grp (ADR) EDU Aug16 43.0 Calls: 1000 @ ASK $1.45: 2000 traded vs 59 OI: Earnings Today Before Open $41.54 Ref