Biggest Bearish Activity 3.5.2013

Bears Bear Market RagePaper bought 1500 IBB March 150 Puts for $.60 (4.4 times usual volume) when stock was trading $152.96
Paper bought 1200 NBG May 1 Puts for $.15 (4.0 times usual volume) when stock was trading $1.17
Paper bought 1694 CAH April 45 Puts for $.69 (6.0 times usual volume) when stock was trading $46.43
Paper bought 1300 MAR July 38 Puts for $1.70 (2.3 times usual volume) when stock was trading $39.50
Paper bought 900 NIHD April 5 Puts for $.50 (2.3 times usual volume) when stock was trading $5.06