Two things to consider.
First is that the 8s could be protection for a myrad of strategies. For example if i was going to sell the May 12 Puts to pick up $1.60 which is $16K against 10K shares. This woud be a great way to start rebuilding a long position if you were bullish. However because there is a possibility of NQ not filing on time or other trouble, buying the May 8 gives you cheapmprotection against a massive loss.
Second, always revert to KISS. Usually when someone is buying options the reason is they think they will make money as opposed to having some convoluted strategy. In this example, if you had bought a HUGE pile of the May 6 puts, you would be up 50% on your investment on todays move. If the stock drops another $1 you will probably be up 150%! Those are nice returns if you aske me 
For the people who are holding May puts, the ones holding the May 6 strike made the most returns by a large margin, the next closest holder made 20% compared to the May 6's 50%. So if you can buy large enough blocks of the May 6 without driving the price up on yourself, you could do VERY well on that gamble.