TTD Options History — July 2019

In July 2019, TTD traded between $23.35 and $27.74. ATM implied volatility averaged 66.3%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 30.7% (HV 20d: 35.7%). Max pain ranged from $20.50 to $24.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2019-07-26: Highest Volume — 457,930 contracts
  • 2019-07-08: Largest IV spike — 21.2% change
  • 2019-07-29: Highest IV Rank — 57.6%
  • 2019-07-29: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.67$23.35$27.74$23.36$26.62
Max Pain$23.07$20.50$24.50$20.50$24.50
ATM IV66.3%43.2%77.0%45.0%73.2%
Expected Move20.0%10.7%26.2%11.8%24.9%
HV 20d35.7%30.1%56.1%56.1%47.6%
HV 60d57.6%56.3%60.7%57.4%60.1%
IV Rank41.5%6.4%57.6%9.1%51.8%
IV Percentile62.1%7.1%87.3%14.7%74.2%
Term Structure1.2%-5.6%23.8%20.8%-2.9%
VWIV69.9%37.2%91.8%41.6%87.6%
Skew 25d3.8%1.7%4.9%1.7%4.8%
Skew 10d6.2%0.1%10.8%1.2%6.7%
Call IV 25d64.1%41.6%74.9%44.7%70.5%
Put IV 25d67.8%44.3%79.5%46.4%75.4%
Bid-Ask Spread %20.228.1766.6162.1816.38
Gamma HHI0.080.040.260.060.06
Net GEX7.0M-1.3M17.4M3.6M9.0M
Net DEX-481.3M-831.4M-360.2M-400.4M-558.0M
Net VEX-1.9M-2.0M-1.8M-1.8M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.492.390.530.78
Total Volume150,384.54561,910457,93061,910133,020
Total OI835,105.909695,760942,740733,880896,210

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$23.36$20.5045.0%11.8%56.1%9.1%41.6%1.7%20.8%3.6M-400.4M-1.8M0.5362.18N/AN/A40,36021,550390,030343,850
2019-07-02$23.36$20.5043.2%11.1%38.1%6.4%38.8%2.9%21.7%5.5M-409.7M-1.8M0.8064.68N/AN/A45,92036,670405,220351,080
2019-07-03$23.35$20.5043.8%10.7%35.3%7.2%37.2%3.4%23.1%6.9M-419.6M-1.8M2.3966.61N/AN/A26,65063,690416,910365,950
2019-07-05$23.79$23.0051.8%18.6%34.6%19.4%65.5%2.8%23.8%8.4M-464.1M-1.9M1.049.96N/AN/A54,28056,250421,910412,220
2019-07-08$23.97$23.0062.8%19.1%32.4%36.1%66.9%4.5%-1.0%5.1M-441.4M-1.9M0.538.17N/AN/A61,22032,230404,180408,780
2019-07-09$24.07$23.0066.5%19.3%31.7%41.8%68.4%4.2%-1.8%7.8M-465.7M-1.9M0.8412.44N/AN/A58,25049,150427,700422,280
2019-07-10$24.02$23.0068.7%18.9%31.7%45.1%66.0%4.9%-3.2%9.6M-475.3M-1.9M0.6417.92N/AN/A73,57047,090448,880436,390
2019-07-11$24.06$23.0067.9%18.9%30.2%43.8%64.4%3.8%-2.3%7.0M-467.7M-1.9M1.4417.30N/AN/A33,78048,780444,320436,100
2019-07-12$24.51$23.0068.8%19.3%30.2%45.2%67.6%4.5%-2.2%17.4M-535.0M-1.9M1.2317.44N/AN/A60,66074,350447,060455,380
2019-07-15$24.87$23.0068.8%19.5%30.6%45.1%69.1%4.7%-3.5%8.3M-548.0M-1.9M0.629.62N/AN/A60,52037,620416,860416,940
2019-07-16$24.38$23.5068.8%19.6%31.3%45.3%68.5%4.8%-3.6%5.7M-476.0M-1.9M0.8215.59N/AN/A49,31040,280429,380426,080
2019-07-17$24.50$23.5069.2%19.8%31.1%45.7%68.1%4.2%-3.8%6.9M-493.7M-1.9M0.7415.09N/AN/A43,42032,270438,460439,460
2019-07-18$24.15$23.5070.9%20.6%30.1%48.4%71.5%3.8%-4.7%1.9M-430.3M-1.9M0.7813.91N/AN/A124,09096,720445,310444,710
2019-07-19$23.69$23.5070.5%20.7%30.7%47.8%72.7%3.9%-4.7%-1.3M-360.2M-1.9M1.079.75N/AN/A81,51086,870467,160475,580
2019-07-22$24.99$23.0071.6%22.0%33.4%49.4%77.2%2.5%-2.0%4.7M-422.8M-1.9M0.5710.98N/AN/A135,16076,400341,970353,790
2019-07-23$24.50$23.5073.7%23.0%32.3%52.6%79.3%3.6%-4.0%4.8M-372.0M-2.0M0.5811.50N/AN/A106,43062,100384,680378,570
2019-07-24$24.83$23.5072.9%22.9%30.2%51.3%79.3%3.8%-4.2%11.4M-445.4M-2.0M0.5711.79N/AN/A106,98061,290415,790397,490
2019-07-25$25.60$23.5072.4%23.3%31.2%50.7%80.5%3.3%-4.1%16.3M-587.7M-2.0M0.5511.88N/AN/A144,06078,830424,960409,380
2019-07-26$27.74$24.0076.9%24.7%40.3%57.5%87.2%4.6%-5.6%5.4M-831.4M-1.9M0.5214.38N/AN/A302,140155,790430,710427,130
2019-07-29$25.92$24.5077.0%26.2%47.9%57.6%91.8%3.5%-5.4%2.7M-444.0M-2.0M0.4913.60N/AN/A161,77078,840409,260397,880
2019-07-30$26.49$24.5075.1%25.4%47.6%54.7%89.3%2.8%-4.3%7.6M-539.1M-2.0M0.5813.77N/AN/A106,95061,640448,900417,430
2019-07-31$26.62$24.5073.2%24.9%47.6%51.8%87.6%4.8%-2.9%9.0M-558.0M-2.0M0.7816.38N/AN/A74,91058,110460,520435,690