Watch These 8 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.

• Twitter Inc TWTR Apr 15.0 Puts: 3300 @ ASK $0.51: 4690 traded vs 9564 OI: Earnings 4/25 Before Open (est) $15.33 Ref
• Valeant Pharmaceuticals Intl Inc VRX Jul 9.0 Puts: 5450 @ ASK $1.02: 6033 traded vs 61 OI: Earnings 5/9 Before Open (est) $10.68 Ref
• Oasis Petroleum Inc. OAS Apr 11.0 Puts Sweep: 827 @ ASK $0.40: 2845 traded vs 8200 OI: Earnings 5/9 After Close (est) $12.29 Ref
• Infinera Corp. INFN Apr 10.0 Puts Sweep: 697 @ ASK $0.45: 1000 traded vs 4063 OI: Earnings 4/27 After Close (est) $10.17 Ref
• Hi-Crush Partners LP HCLP Apr 12.5 Puts: 3000 @ ASK $0.45: 3009 traded vs 169 OI: Earnings 4/27 After Close (est) $14.62 Ref
• Nabors Industries Ltd. NBR Apr 12.0 Puts: 2967 @ ASK $0.45: 5122 traded vs 1036 OI: Earnings 4/24 After Close (est) $12.83 Ref
• Snap Inc SNAP Apr 19.0 Puts Sweep: 1794 @ ASK $0.717: 2103 traded vs 454 OI: Earnings 5/4 Unspecified (est) $20.57 Ref
• FireEye Inc FEYE Sep17 11.0 Puts Sweep: 1000 @ ASK $1.78: 1000 traded vs 128 OI: Earnings 5/4 After Close (est) $10.45 Ref