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.

• Facebook Inc (NASDAQ: FB) Sep16 135 Calls: 10000 @ ASK $1.17: 10k traded vs 12k OI: $118.49 Ref
• Chesapeake Energy Corporation (NYSE: CHK) Aug16 7.0 Calls: 19850 @ ASK $0.18: 20k traded vs 50k OI: $4.68 Ref
• Demand Media Inc (NYSE: DMD) Nov16 5.0 Calls: 1000 @ ASK $0.80: 1000 traded vs 0 OI: $5.19 Ref
• Royal Bank of Scotland Group PLC (NYSE: RBS) Jul16 7.0 Calls Sweep: 700 @ ASK $0.25: 7616 traded vs 43k OI: $6.52 Ref
• Fitbit Inc (NYSE: FIT) Jul16 14.0 Calls Sweep: 1000 @ ASK $1.25: 1018 traded vs 284 OI: $14.58 Ref
• Ariad Pharmaceuticals, Inc. (NASDAQ: ARIA) Jan17 10.0 Calls Sweep: 711 @ ASK $1.20: 711 traded vs 4390 OI: $8.84 Ref
• Cadence Design Systems Inc (NASDAQ: CDNS) Nov16 27.0 Calls: 2000 @ ASK $0.85: 2000 traded vs 18 OI: Earnings 7/25 $24.83 Ref