Notable Friday Option Activity: TRUE, TRGP, RKT

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 10,836 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105.3% of TRUE's average daily trading volume over the past month, of 1.0 million shares..