Watch These 7 Huge Call Purchases In Friday 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 Thursday's regular session.

• Archer Daniels Midland Company ADM Mar17 45.0 Calls: 700 @ Above Ask! $1.55: 800 traded vs 238 OI: Earnings 11/1 Before Open $43.14 Ref
• Rite Aid Corporation RAD Jan17 8.0 Calls: 3000 @ ASK $0.28: 8736 traded vs 181k OI: Earnings 12/15 $6.68 Ref
• Etsy Inc ETSY Nov16 15.0 Calls: 3500 @ ASK $0.35: 3554 traded vs 11k OI: Earnings 11/1 After Close $12.82 Ref
• Oclaro, Inc. OCLR Dec16 9.0 Calls Sweep: 975 @ ASK $0.40: 1085 traded vs 55 OI: Earnings 11/1 After Close $7.65 Ref
• FireEye Inc FEYE Fri 11/11 12.0 Calls (Wkly): 5000 @ ASK $0.79: 5000 traded vs 8 OI: Earnings 11/3 After Close $11.63 Ref
• Wayfair Inc W Fri 11/11 36.0 Calls (Wkly): 1000 @ ASK $1.90: 1000 traded vs 41 OI: Earnings 11/8 Before Open $34.48 Ref
• Cabot Oil & Gas Corporation COG Apr17 26.0 Calls Sweep: 1469 @ ASK $0.80: 2819 traded vs 271 OI: Earnings Today Before Open $20.96 Ref