Watch These 5 Huge Put Purchases In Thursday 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 Wednesday’s regular session.

• Sothebys (NYSE:BID) Apr 45.0 Puts Sweep: 1023 @ ASK $1.363: 1025 traded vs 64 OI: Earnings 5/8 Before Open (est) $46.97 Ref
• Twitter Inc (NYSE:TWTR) Mar 15.5 Put; 2231 @Bid @$0.27
• Abercrombie & Fitch Co. (NYSE:ANF) Mar 3rd 10.0 Puts Sweep: 760 @ ASK $0.238: 760 traded vs 2379 OI: Earnings tmrrw Before Open $11.35 Ref
• Corning Incorporated (NYSE:GLW) Apr $28 Put; 4000 @Bid @$0.80
• Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP) Mar 7.5 Puts Sweep: 500 @ ASK $0.45: 760 traded vs 995 OI: Earnings 3/24 After Close (est) $9.02 Ref