Watch These 5 Huge Put 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.

• Restoration Hardware Holdings Inc (NYSE: RH) Jun16 31.0 Puts Sweep: 1000 @ ASK $0.50: 1001 traded vs 152 OI: Earnings Today After Close $35.83 Ref
• Vipshop Holdings Ltd – ADR (NYSE: VIPS) Aug16 12.0 Puts: 1139 @ ASK $1.30: 6417 traded vs 712 OI: $11.93 Ref
• Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) Fri 6/10 45.0 Puts (Wkly) Sweep: 830 @ ASK $1.34: 1563 traded vs 73 OI: Earnings Today $44.19 Ref
• Vail Resorts, Inc. (NYSE: MTN) Jun16 130 Puts: 1500 @ ASK $1.55: 1536 traded vs 74 OI: Earnings 6/9 Before Open $134.91 Ref
• Whiting Petroleum Corp (NYSE: WLL) Jul16 8.0 Puts Sweep: 1000 @ ASK $0.10: 1000 traded vs 88 OI: $13.88 Ref