TTD Options History — September 2019

In September 2019, TTD traded between $18.40 and $24.30. ATM implied volatility averaged 49.0%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 0.3% (HV 20d: 49.3%). Max pain ranged from $22.00 to $25.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.78.

Notable Days

  • 2019-09-09: Highest Volume — 303,090 contracts
  • 2019-09-09: Largest IV spike — 13.5% change
  • 2019-09-30: Highest IV Rank — 22.9%
  • 2019-09-27: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.09$18.40$24.30$23.62$18.83
Max Pain$23.45$22.00$25.00$25.00$22.00
ATM IV49.0%45.0%54.9%52.2%54.9%
Expected Move14.1%12.9%16.0%14.6%15.5%
HV 20d49.3%43.8%57.2%50.9%51.3%
HV 60d48.4%44.9%50.7%44.9%50.7%
IV Rank13.8%7.6%22.9%18.6%22.9%
IV Percentile24.7%6.7%46.8%39.3%46.8%
Term Structure1.8%-1.1%17.6%0.3%17.6%
VWIV49.2%44.6%57.3%51.3%55.3%
Skew 25d4.2%2.1%7.7%3.8%5.4%
Skew 10d6.8%2.5%16.0%9.0%8.6%
Call IV 25d47.1%43.2%52.8%50.8%52.0%
Put IV 25d51.3%46.5%58.4%54.6%57.3%
Bid-Ask Spread %58.6846.2969.1246.2962.02
Gamma HHI0.110.080.220.080.10
Net GEX419.3K-7.8M8.4M423.8K868.1K
Net DEX-133.9M-439.8M65.7M-305.8M-49.2M
Net VEX-2.2M-2.5M-1.8M-2.5M-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.311.420.580.57
Total Volume160,33872,310303,090154,800138,910
Total OI1,016,960.5875,7701,156,550896,720903,340

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$23.62$25.0052.2%14.6%50.9%18.6%51.3%3.8%0.3%423.8K-305.8M-2.5M0.5846.29N/AN/A97,85056,950564,810331,910
2019-09-04$24.05$25.0047.6%13.2%51.5%11.5%46.1%5.4%-0.1%4.0M-373.1M-2.5M0.3149.18N/AN/A101,49031,460602,310351,340
2019-09-05$24.30$24.0045.8%13.4%50.3%8.8%47.2%4.1%0.6%8.4M-439.8M-2.5M0.5951.11N/AN/A70,63041,970651,450359,830
2019-09-06$23.44$24.0046.2%13.6%47.9%9.4%47.2%4.9%2.6%289.9K-273.6M-2.4M0.8157.43N/AN/A83,33067,450655,780366,530
2019-09-09$21.26$24.0052.4%15.1%57.2%19.0%52.3%4.8%0.3%-1.9M-71.1M-2.1M0.7153.26N/AN/A176,810126,280612,010340,940
2019-09-10$20.91$24.0052.1%14.8%53.5%18.6%51.1%7.7%-1.1%-56.0K-48.5M-2.2M0.6853.58N/AN/A100,85068,320681,660376,830
2019-09-11$21.24$24.0048.7%14.2%51.8%13.3%49.4%2.1%1.0%757.9K-104.6M-2.3M0.7560.95N/AN/A79,82059,630702,940391,800
2019-09-12$21.50$23.5047.1%13.4%50.1%10.8%46.4%4.4%-0.8%2.8M-151.2M-2.3M0.4258.72N/AN/A105,13044,500726,280411,830
2019-09-13$20.86$23.5046.0%13.4%50.1%9.1%47.0%3.2%1.0%-4.5M-46.7M-2.2M0.7960.09N/AN/A106,74084,370746,070410,480
2019-09-16$21.10$23.5046.8%13.4%49.5%10.3%47.0%2.9%1.3%1.3M-126.5M-2.1M0.6765.14N/AN/A43,43028,880670,450365,860
2019-09-17$21.34$23.5046.3%13.3%49.7%9.6%46.7%3.1%1.2%3.0M-169.3M-2.2M0.4265.89N/AN/A55,95023,760683,570369,630
2019-09-18$20.91$23.5046.5%13.3%47.8%9.9%46.2%3.1%1.3%1.6M-116.8M-2.1M0.7667.61N/AN/A63,39048,100695,240370,290
2019-09-19$21.02$23.5045.0%12.9%45.4%7.6%44.6%2.6%0.9%3.3M-142.1M-2.1M0.8464.52N/AN/A50,83042,880718,000368,730
2019-09-20$20.66$23.5047.8%13.7%45.3%11.9%48.1%3.1%0.1%-215.1K-84.9M-2.1M1.2269.12N/AN/A88,070107,450733,860384,710
2019-09-23$20.24$23.0047.8%13.6%43.8%11.9%47.6%3.6%3.6%155.4K-120.2M-2.0M1.3556.62N/AN/A58,91079,660543,180332,590
2019-09-24$19.11$23.0052.2%15.0%46.2%18.7%52.1%4.3%0.3%-2.9M6.6M-1.9M1.4259.24N/AN/A121,940173,290559,740355,020
2019-09-25$19.42$22.5050.4%14.7%47.4%15.9%50.4%5.3%2.6%-1.4M-48.0M-2.0M1.0156.17N/AN/A112,590113,610594,260373,630
2019-09-26$19.51$22.0050.3%14.3%47.2%15.8%50.1%5.4%1.0%354.7K-79.2M-2.0M0.5661.20N/AN/A89,09050,130620,350386,870
2019-09-27$18.40$22.0054.9%16.0%49.5%22.8%57.3%5.7%1.9%-7.8M65.7M-1.8M1.0355.40N/AN/A104,470107,840634,480390,610
2019-09-30$18.83$22.0054.9%15.5%51.3%22.9%55.3%5.4%17.6%868.1K-49.2M-1.9M0.5762.02N/AN/A88,40050,510547,670355,670