Notable Friday Option Activity: TNAV, SYNA, AVYA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Telenav, Inc. (TNAV), where a total volume of 1,853 contracts has been traded thus far today, a contract volume which is representative of approximately 185,300 underlying shares (given that every 1 contract represents 100 underlying shares)..