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 Monday's regular session.

• Micron Technology, Inc. (NASDAQ: MU) Nov16 18.0 Calls: 10000 @ ASK $0.96: 10k traded vs 3076 OI: Earnings 10/4 After Close $17.49 Ref
• Microsoft Corporation (NASDAQ: MSFT) Jan17 52.5 Puts: 2000 @ ASK $1.23: 2002 traded vs 29k OI: Earnings 10/20 After Close $56.95 Ref
• Leucadia National Corp. (NYSE: LUK) Oct16 19.0 Calls Sweep: 1142 @ ASK $0.40: 1144 traded vs 148 OI: Earnings 11/3 $18.75 Ref
• Netflix, Inc. (NASDAQ: NFLX) Oct16 107 Calls Sweep: 3999 @ ASK $1.27: 4140 traded vs 115 OI: Earnings 10/17 After Close $94.
• Groupon Inc (NASDAQ: GRPN) Nov16 5.0 Calls Sweep: 566 @ ASK $0.65: 592 traded vs 1490 OI: Earnings 11/1 $5.18 Ref
• Wyndham Worldwide Corporation (NYSE: WYN) Oct16 70.0 Calls Sweep: 1640 @ ASK $0.65: 1640 traded vs 590 OI: Earnings 10/25 $67.34 Ref
• Merrimack Pharmaceuticals Inc (NASDAQ: MACK) Oct16 6.0 Calls: 1193 @ ASK $0.95: 1809 traded vs 2457 OI: Earnings 11/14 $6.57 Ref