Watch These 4 Huge Put Purchases In Tuesday 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 Monday’s regular session.

• Lululemon Athletica inc. LULU Apr 7th 60.5 Puts: 1000 @ ASK $1.14: 1074 traded vs 39 OI: Earnings 3/29 After Close $64.05 Ref
• L Brands Inc LB May 47.5 Puts Sweep: 2877 @ ASK $2.463: 3017 traded vs 2492 OI: Earnings 5/17 After Close $47.63 Ref
• Ally Financial Inc ALLY Jun 18.0 Puts Sweep: 630 @ ASK $0.50: 1001 traded vs 2805 OI: Earnings 4/25 Before Open (est) $19.71 Ref
• AmerisourceBergen Corp. ABC May $80 Put; 2087 @Bid @$1.15; Ref = $86.63