TTD Options History — November 2019

In November 2019, TTD traded between $19.31 and $26.48. ATM implied volatility averaged 50.1%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 5.4% (HV 20d: 55.5%). Max pain ranged from $20.50 to $23.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2019-11-08: Highest Volume — 520,940 contracts
  • 2019-11-08: Largest IV drop — 34.1% change
  • 2019-11-07: Highest IV Rank — 52.9%
  • 2019-11-01: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.77$19.31$26.48$20.20$26.38
Max Pain$21.19$20.50$23.00$20.50$23.00
ATM IV50.1%37.9%71.4%67.2%37.9%
Expected Move14.4%11.2%24.4%24.4%11.3%
HV 20d55.5%44.4%67.0%61.9%44.4%
HV 60d54.2%50.8%55.9%53.9%55.0%
IV Rank18.3%0.0%52.9%45.2%0.0%
IV Percentile21.7%0.0%73.8%63.9%0.0%
Term Structure-0.9%-3.4%1.6%-2.9%-1.1%
VWIV50.6%39.7%85.7%85.7%40.9%
Skew 25d3.0%1.9%4.0%2.9%3.0%
Skew 10d5.9%3.8%8.1%6.3%7.1%
Call IV 25d48.9%36.9%69.1%67.6%37.3%
Put IV 25d51.9%39.7%72.8%70.5%40.3%
Bid-Ask Spread %19.6710.0242.6942.6918.60
Gamma HHI0.160.080.300.140.16
Net GEX16.4M750.9K34.8M6.8M22.4M
Net DEX-567.8M-989.0M-145.8M-258.4M-967.5M
Net VEX-2.0M-2.2M-1.6M-1.9M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.390.890.600.72
Total Volume191,426.556,160520,94093,23083,610
Total OI963,362818,2501,156,960977,240996,450

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$20.20$20.5067.2%24.4%61.9%45.2%85.7%2.9%-2.9%6.8M-258.4M-1.9M0.6042.69N/AN/A58,31034,920594,290382,950
2019-11-04$20.28$21.0071.4%18.7%60.9%52.3%65.6%3.9%-3.0%4.3M-258.9M-1.9M0.5924.05N/AN/A55,91032,980508,670324,880
2019-11-05$19.97$21.0069.7%18.4%60.9%49.5%65.2%3.6%-2.7%3.9M-230.2M-1.9M0.6222.08N/AN/A34,61021,550531,510336,850
2019-11-06$19.37$21.0070.2%18.3%61.9%50.6%63.5%4.0%-3.4%3.0M-169.7M-1.8M0.7126.53N/AN/A58,23041,370547,910344,740
2019-11-07$19.31$21.0069.8%18.6%61.3%52.9%65.1%3.7%-2.8%3.0M-170.4M-1.8M0.8129.22N/AN/A206,490167,260574,090366,700
2019-11-08$19.48$20.5046.0%13.3%54.7%10.5%46.7%2.3%1.6%750.9K-145.8M-1.6M0.6230.11N/AN/A321,540199,400694,570462,390
2019-11-11$21.69$20.5047.7%13.7%67.0%16.0%48.7%2.8%0.3%13.9M-458.1M-1.9M0.5318.15N/AN/A274,140144,540598,910344,440
2019-11-12$22.46$20.5047.2%13.7%65.8%14.9%48.2%2.5%0.3%18.7M-612.5M-2.1M0.5617.17N/AN/A229,810129,490658,150410,760
2019-11-13$22.79$20.5046.2%13.2%58.7%12.8%46.4%2.5%-0.3%19.7M-649.9M-2.2M0.6712.05N/AN/A89,91060,150675,210434,920
2019-11-14$22.76$20.5046.2%13.3%58.2%12.8%46.8%1.9%0.2%20.5M-640.2M-2.2M0.7019.87N/AN/A81,05056,450686,590441,280
2019-11-15$22.91$21.0043.2%12.5%56.1%6.5%43.9%2.2%0.5%34.8M-660.6M-2.1M0.3912.17N/AN/A124,18048,480688,810458,800
2019-11-18$23.22$21.0044.1%12.7%55.3%8.5%44.9%2.6%-1.7%15.8M-556.0M-2.1M0.8911.41N/AN/A72,72064,570514,850303,400
2019-11-19$23.59$21.0044.4%12.8%48.9%9.0%45.0%2.7%-1.5%18.6M-612.9M-2.2M0.5315.12N/AN/A76,88040,520537,570331,400
2019-11-20$24.10$21.0045.8%13.1%49.0%11.9%46.7%3.3%-2.0%23.9M-712.3M-2.2M0.7726.23N/AN/A91,09070,000558,550346,740
2019-11-21$24.12$21.5044.3%12.8%48.8%8.8%44.5%3.3%-1.6%25.3M-707.5M-2.2M0.7219.06N/AN/A71,23051,330565,220366,720
2019-11-22$24.36$21.5041.9%12.1%48.4%3.8%43.2%2.8%-0.8%26.3M-748.7M-2.2M0.5315.10N/AN/A94,27050,210571,820386,980
2019-11-25$25.67$21.7540.5%11.7%49.4%0.9%40.2%3.4%1.2%21.1M-851.8M-2.1M0.7110.02N/AN/A144,220102,390512,210321,650
2019-11-26$26.20$22.0039.2%11.5%48.8%0.0%40.6%3.4%0.9%21.8M-955.3M-2.2M0.8313.66N/AN/A112,28092,890564,480358,400
2019-11-27$26.48$23.0038.4%11.2%48.8%0.0%39.7%2.8%1.1%23.0M-989.0M-2.2M0.7910.13N/AN/A77,75061,800576,260387,120
2019-11-29$26.38$23.0037.9%11.3%44.4%0.0%40.9%3.0%-1.1%22.4M-967.5M-2.2M0.7218.60N/AN/A48,53035,080594,690401,760