Watch These 7 Huge Put Purchases In Friday 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 Thursday’s regular session.

• Pattern Energy Group Inc PEGI Aug16 25.0 Puts: 1596 @ ASK $1.35: 2000 traded vs 0 OI: Earnings 8/8 $24.23 Ref
• Expedia Inc EXPE 7/29 113 Puts (Wkly): 1000 @ ASK $3.40: 1004 traded vs 24 OI: Earnings 7/28 After Close $116.15 Ref
• Armstrong World Industries Inc AWI Aug16 40.0 Puts: 1000 @ ASK $1.90: 1000 traded vs 0 OI: Earnings 7/29 Before Open $39.37 Ref
• Infinera Corp. INFN Aug16 13.0 Puts Sweep: 600 @ ASK $1.40: 1550 traded vs 17 OI: Earnings 7/27 After Close $12.18 Ref
• Caterpillar Inc. CAT Oct16 80.0 Puts Sweep: 1797 @ ASK $3.75: 1827 traded vs 91 OI: Earnings 7/26 Before Open $80.68 Ref
• Linear Technology Corporation LLTC Sep16 48.0 Puts Sweep: 1638 @ ASK $1.75: 3712 traded vs 0 OI: Earnings 7/26 After Close $48.30 Ref
• GameStop Corp. GME Sep16 30.0 Puts: 3526 @ ASK $1.75: 12k traded vs 8006 OI: Earnings 8/25 $31.56 Ref