Unusual Option Activity 12.5.2012

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Bear Market Crash VolatilityPaper sold 1508 HFC Dec 45.5 Calls for $.45 (2.2 times usual volume) when stock was trading $43.63

Paper bought 2000 MMR May 15 Calls for $.31 (5.1 times usual volume) when the stock was trading $14.85

Paper bought 6000 CLDX Feb 4 Puts for $.175 (5.6 times usual volume) when stock was trading $5.96

Paper sold 4675 WDC Jan 37 Calls for $.99 (5.2 times usual volume) when stock was trading $.99

Paper bought 1893 EXAS April 7 Puts for $.75 (7.5 times usual volume) when stock was trading $9.76