6454 TRUE Apr 12.5 calls went up in 1 block on the PHLX

TRUE

Shares of TrueCar Inc. (TRUE) are up .22 to 13.45 today.? TRUE is near the upper end of the 52 week range.

  • Paper traded 6454 TRUE Apr 12.5 calls for 1.35 today. ?
  • The ADV is 1890 contracts.? ?
  • The open interest is 80293 contracts.

The volume went up in 1 block on the PHLX.? There is huge open interest that traded 1.65 that appeared call selling.? Paper today appeared to hit the bid in a wide market and buyers came in to scoop up relatively cheap calls over parity.? This could be more opening overwriting activity.

  • IV 30 is trading for 54%.?
  • HV10 is trading for 18%.?
  • IV 30 is above the HV 10.

TrueCar, Inc. offers a diverse software ecosystem for buying cars.