Noteworthy Thursday Option Activity: TRUE, BOFI, GRA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in TrueCar Inc (TRUE), where a total volume of 8,821 contracts has been traded thus far today, a contract volume which is representative of approximately 882,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 117.8% of TRUE's average daily trading volume over the past month, of 748,700 shares..