Notable Wednesday Option Activity: TRUE, JWN, OFG

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 3,296 contracts has been traded thus far today, a contract volume which is representative of approximately 329,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.2% of TRUE's average daily trading volume over the past month, of 566,420 shares..