Watch These 7 Huge Call 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 Friday's regular session.

• Cabot Oil & Gas Corporation COG Jul16 27.5 Calls Sweep: 1693 @ ASK $0.25: 4211 traded vs 2390 OI: Earnings 7/22 $25.87 Ref
• 3D Systems Corporation DDD Aug16 20.0 Calls: 600 @ ASK $0.10: 2500 traded vs 1282 OI: Earnings 8/4 $13.41 Ref
• Macy's, Inc. M Jul16 35.0 Calls Sweep: 929 @ ASK $0.39: 1040 traded vs 4990 OI: Earnings 8/10 $33.68 Ref
• Lions Gate Entertainment Corp. (USA) LGF Jul16 22.0 Calls Sweep: 1000 @ ASK $0.10: 1004 traded vs 7650 OI: Earnings 8/4 $18.92 Ref
• Visa Inc V Aug16 77.5 Calls: 2334 @ ASK $1.70: 4509 traded vs 9507 OI: Earnings 7/28 $75.03 Ref
• Unilife Corp UNIS Sep16 5.0 Calls Sweep: 796 @ ASK $0.40: 796 traded vs 0 OI: $3.40 Ref
• Teva Pharmaceutical Industries Ltd (ADR) TEVA Sep16 55.0 Calls: 2000 @ ASK $0.98: 2017 traded vs 25k OI: Earnings 8/4 $50.30 Ref