Watch These 8 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.

• Advanced Micro Devices, Inc. AMD Jun 12.0 Calls Sweep: 7352 @ ASK $1.10: 26k traded vs 9247 OI: Earnings 7/20 After Close (est) $12.47 Ref
• Macy's Inc M Jun 25.0 Calls Sweep: 14988 @ Above Ask! $0.276: 15k traded vs 1813 OI: Earnings 8/10 Before Open (est) $22.95 Ref
• Tegna Inc TGNA May 24.0 Calls Sweep: 579 @ ASK $0.15: 2509 traded vs 348 OI: Earnings 7/25 Before Open (est) $23.50 Ref
• Pennsylvania R.E.I.T. PEI Jul 11.0 Calls Sweep: 500 @ ASK $0.40: 1782 traded vs 0 OI: Earnings 7/25 After Close (est) $10.41 Ref
• Renren Inc RENN Jun 7.0 Calls Sweep: 3500 @ ASK $0.398: 3515 traded vs 813 OI: $6.92 Ref
• Penn National Gaming, Inc PENN Jun 20.0 Calls Sweep: 995 @ ASK $0.45: 1003 traded vs 170 OI: Earnings 7/27 Before Open (est) $19.47 Ref
• Ctrip.Com International Ltd (ADR) CTRP May 57.0 Calls Sweep: 581 @ ASK $0.30: 606 traded vs 11 OI: Earnings 8/9 After Close (est) $56.26 Ref
• Northern Dynasty Minerals Ltd NAK Jun 2.0 Calls Sweep: 500 @ ASK $0.199: 586 traded vs 6114 OI: $1.75 Ref