TTD Options History — March 2019

In March 2019, TTD traded between $18.08 and $21.40. ATM implied volatility averaged 45.1%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 43.1% (HV 20d: 88.1%). Max pain ranged from $17.75 to $21.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2019-03-29: Highest Volume — 189,670 contracts
  • 2019-03-22: Largest IV spike — 8.9% change
  • 2019-03-29: Highest IV Rank — 16.7%
  • 2019-03-29: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.82$18.08$21.40$19.61$19.73
Max Pain$19.26$17.75$21.00$17.75$19.50
ATM IV45.1%40.1%50.0%45.0%50.0%
Expected Move16.5%12.9%19.9%13.0%19.9%
HV 20d88.1%39.8%108.3%106.3%51.7%
HV 60d73.8%68.9%77.1%77.1%72.3%
IV Rank9.1%1.6%16.7%9.0%16.7%
IV Percentile25.2%3.6%41.7%27.0%41.7%
Term Structure-0.3%-2.2%1.3%0.3%0.0%
VWIV57.5%44.4%70.2%44.4%70.2%
Skew 25d2.6%1.8%3.8%2.4%3.7%
Skew 10d5.1%3.1%9.1%4.2%7.3%
Call IV 25d43.9%39.3%48.9%43.6%48.0%
Put IV 25d46.4%41.1%51.7%46.0%51.7%
Bid-Ask Spread %23.025.9068.2447.3313.11
Gamma HHI0.110.060.240.090.07
Net GEX4.4M-2.9M14.0M3.2M4.5M
Net DEX-302.5M-455.4M-80.6M-338.6M-288.6M
Net VEX-981.7K-1.3M-754.3K-765.5K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.441.180.890.44
Total Volume101,765.23858,280189,67075,210189,670
Total OI588,099.048490,300675,290584,080672,550

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$19.61$17.7545.0%13.0%106.3%9.0%44.4%2.4%0.3%3.2M-338.6M-765.5K0.8947.33N/AN/A39,72035,490299,120284,960
2019-03-04$18.84$17.7546.5%13.9%108.1%11.3%48.0%2.5%0.6%1.6M-263.2M-754.3K0.8045.92N/AN/A64,41051,480270,690240,150
2019-03-05$19.15$18.0045.6%13.7%107.6%9.9%47.2%2.4%-0.9%3.2M-294.5M-812.5K0.6349.57N/AN/A35,76022,520295,070267,550
2019-03-06$18.62$18.0044.0%12.9%108.3%7.6%44.7%2.6%-0.6%1.3M-242.0M-791.0K0.6653.04N/AN/A44,54029,500308,660271,960
2019-03-07$18.86$18.0045.6%13.0%105.8%10.0%44.8%2.1%-0.2%3.9M-272.1M-800.8K0.8568.24N/AN/A49,26041,790316,200277,710
2019-03-08$19.32$18.0048.5%12.9%104.4%14.3%45.2%3.0%-0.2%6.7M-324.2M-879.8K0.5060.74N/AN/A82,58041,410330,360298,240
2019-03-11$20.41$18.5044.8%17.5%105.2%8.8%61.3%3.8%-0.6%7.3M-385.3M-857.2K0.575.90N/AN/A69,72039,610296,340265,110
2019-03-12$20.81$19.0044.3%17.2%105.2%8.0%59.6%2.7%-0.9%10.1M-437.3M-908.5K0.796.91N/AN/A48,23038,240323,740288,270
2019-03-13$20.58$19.0043.8%16.8%105.6%7.2%58.3%2.6%-2.2%11.0M-413.3M-939.0K0.917.28N/AN/A41,33037,460338,090301,540
2019-03-14$20.81$19.0042.2%16.9%105.1%4.8%58.5%1.9%0.3%14.0M-455.4M-992.6K0.847.16N/AN/A42,03035,410347,190315,040
2019-03-15$20.80$19.5040.1%16.4%105.2%1.6%56.7%1.8%-0.1%8.1M-449.6M-956.6K0.739.30N/AN/A60,65044,050357,000318,290
2019-03-18$20.39$19.5040.9%16.9%105.9%2.9%58.0%2.5%-0.6%3.6M-294.9M-1.0M0.827.94N/AN/A44,18036,200269,560220,740
2019-03-19$20.53$20.0041.2%16.7%105.8%3.3%58.0%1.8%-1.4%3.6M-312.7M-1.0M0.8111.41N/AN/A36,30029,550287,210239,480
2019-03-20$20.75$20.0041.6%16.7%100.0%3.9%58.7%2.6%-0.2%4.6M-327.8M-1.1M0.8115.68N/AN/A42,01034,070295,880253,010
2019-03-21$21.40$20.0042.6%17.3%100.0%5.4%60.3%2.2%-0.6%10.4M-400.8M-1.1M1.1810.00N/AN/A47,27055,900302,390260,320
2019-03-22$20.33$21.0046.4%18.5%39.8%11.1%64.1%2.2%-1.3%2.3M-267.4M-1.1M1.037.69N/AN/A75,32077,280314,040282,070
2019-03-25$19.75$21.0047.5%18.8%41.0%12.8%66.8%3.7%0.7%-2.9K-221.4M-1.1M1.1411.75N/AN/A27,82031,710279,270246,250
2019-03-26$18.69$21.0048.8%19.4%45.2%14.8%67.5%2.5%1.3%-1.9M-136.7M-1.1M0.7912.46N/AN/A97,29077,270288,920259,040
2019-03-27$18.08$20.0049.9%19.5%46.5%16.5%67.7%2.8%-0.4%-2.9M-80.6M-1.1M0.9113.90N/AN/A61,97056,190332,380286,870
2019-03-28$18.73$20.0046.8%19.2%48.0%11.8%66.6%2.1%-0.1%-1.9M-147.1M-1.2M0.6118.00N/AN/A75,49046,390349,870298,950
2019-03-29$19.73$19.5050.0%19.9%51.7%16.7%70.2%3.7%0.0%4.5M-288.6M-1.3M0.4413.11N/AN/A131,54058,130367,650304,900