TTD Options History — May 2019

In May 2019, TTD traded between $17.60 and $23.21. ATM implied volatility averaged 57.9%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 7.9% (HV 20d: 65.8%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2019-05-09: Highest Volume — 403,570 contracts
  • 2019-05-09: Largest IV drop — 27.7% change
  • 2019-05-07: Highest IV Rank — 67.9%
  • 2019-05-03: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.31$17.60$23.21$22.23$19.84
Max Pain$19.59$19.00$21.00$19.00$19.50
ATM IV57.9%46.1%83.7%75.9%51.5%
Expected Move17.1%13.1%29.4%27.3%14.8%
HV 20d65.8%33.2%81.2%37.0%75.8%
HV 60d67.5%56.1%80.8%71.0%56.1%
IV Rank28.6%10.8%67.9%56.0%18.9%
IV Percentile53.2%29.8%94.0%85.3%42.1%
Term Structure-1.6%-5.9%1.0%-5.6%-0.5%
VWIV59.6%46.4%100.4%93.6%52.8%
Skew 25d3.1%-0.5%6.2%5.0%3.9%
Skew 10d6.4%0.6%11.0%9.7%8.1%
Call IV 25d56.3%45.6%79.3%72.1%49.6%
Put IV 25d59.5%47.2%84.2%77.2%53.5%
Bid-Ask Spread %40.2413.6752.5121.8050.31
Gamma HHI0.080.040.320.070.05
Net GEX3.3M-6.6M10.5M6.0M520.7K
Net DEX-259.1M-471.4M18.9M-371.1M-241.5M
Net VEX-1.5M-1.7M-1.2M-1.2M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.301.310.990.94
Total Volume136,510.90973,760403,57096,80094,100
Total OI723,592.727571,740891,790613,630748,880

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$22.23$19.0075.9%27.3%37.0%56.0%93.6%5.0%-5.6%6.0M-371.1M-1.2M0.9921.80N/AN/A48,75048,050331,010282,620
2019-05-02$22.38$19.0076.7%28.6%37.0%57.2%100.4%6.2%-5.1%7.2M-387.6M-1.3M1.2118.81N/AN/A40,70049,260338,270284,610
2019-05-03$23.21$19.5076.5%29.4%33.2%56.8%100.3%4.4%-5.7%10.5M-471.4M-1.3M0.9122.14N/AN/A58,68053,150343,740294,360
2019-05-06$22.58$20.5080.0%20.1%35.3%62.2%69.3%4.4%-5.4%2.3M-340.5M-1.3M1.3113.67N/AN/A31,91041,850302,700269,040
2019-05-07$21.64$20.5083.7%21.2%39.4%67.9%73.2%4.9%-5.9%1.1M-270.1M-1.3M0.4417.82N/AN/A80,64035,600321,990296,210
2019-05-08$22.24$21.0080.0%20.4%40.0%62.2%71.3%3.2%-4.7%3.0M-350.7M-1.4M1.1116.32N/AN/A74,75082,790370,810313,890
2019-05-09$18.97$21.0057.8%15.6%70.6%28.5%55.2%1.5%-2.0%-6.1M-22.2M-1.2M0.6545.40N/AN/A244,630158,940401,310363,390
2019-05-10$18.27$20.0048.8%14.0%71.6%14.8%48.8%0.9%0.7%-6.6M18.9M-1.3M0.9151.58N/AN/A109,22099,380482,500409,290
2019-05-13$17.60$20.0053.6%15.2%72.5%22.1%53.1%-0.5%-0.4%-2.5M-31.7M-1.2M0.9651.18N/AN/A57,49055,130361,710297,340
2019-05-14$18.57$19.0048.4%13.8%75.4%14.1%48.0%0.6%-0.3%522.8K-132.2M-1.4M0.5048.45N/AN/A98,08048,940413,540339,350
2019-05-15$20.09$19.0047.6%13.7%81.0%13.1%48.3%2.5%0.1%7.2M-338.9M-1.4M0.3052.22N/AN/A167,63050,950444,980340,970
2019-05-16$20.26$19.0046.2%13.1%80.8%10.9%46.6%1.4%-0.6%9.5M-364.4M-1.4M0.5752.51N/AN/A162,09092,630467,780348,380
2019-05-17$19.82$19.0046.1%13.2%81.2%10.8%46.4%2.5%0.1%3.8M-277.4M-1.5M0.4549.79N/AN/A122,58055,300492,420383,740
2019-05-20$19.80$19.0049.8%14.3%78.3%16.3%50.6%2.8%-0.3%4.4M-257.8M-1.7M1.0044.17N/AN/A46,39046,400399,790302,110
2019-05-21$19.85$19.0047.7%13.7%78.3%13.2%47.9%2.8%1.0%5.5M-268.3M-1.7M0.4945.45N/AN/A67,07032,560416,750318,700
2019-05-22$19.92$19.5048.7%14.0%78.2%14.7%48.9%3.4%0.0%6.4M-278.1M-1.7M0.4946.37N/AN/A63,09030,610434,940324,740
2019-05-23$19.46$19.5051.9%14.9%77.2%19.5%51.5%3.7%0.0%2.8M-217.0M-1.7M0.4247.28N/AN/A69,14028,930455,310331,480
2019-05-24$19.59$19.5049.7%14.2%77.3%16.2%49.4%3.1%0.4%3.5M-234.4M-1.7M0.5845.42N/AN/A65,88038,240465,870334,800
2019-05-28$20.15$19.5049.4%14.1%76.0%15.6%50.1%4.2%-0.5%4.3M-285.9M-1.7M0.3947.58N/AN/A60,50023,870389,380287,160
2019-05-29$20.16$19.5053.0%15.3%75.8%21.2%53.6%4.2%-0.2%5.1M-289.0M-1.7M0.5448.26N/AN/A48,35025,980403,170296,000
2019-05-30$20.19$19.5050.5%14.6%75.8%17.4%51.7%4.1%-0.2%5.0M-290.0M-1.7M0.6948.73N/AN/A55,18037,830411,040302,970
2019-05-31$19.84$19.5051.5%14.8%75.8%18.9%52.8%3.9%-0.5%520.7K-241.5M-1.7M0.9450.31N/AN/A48,38045,720428,420320,460