Smart money activity in the past 24 hours that is out of the ordinary. It includes stock options bought on the ask or sold on the bid with unusual size and daily volume compared to open interest.
TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. Its products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. Its mobile applications includes TrueCar Mobile, TrueCar Sell, and TrueCar Dealer Portal. The company was founded by Thomas Taira, Jim Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.
Put trades that are bought on or above the market's asking price OR call trades that are sold on or less than the market's bid price - expecting a move to the downside.