TTD Options History — December 2019

In December 2019, TTD traded between $22.93 and $27.38. ATM implied volatility averaged 43.7%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 18.9% (HV 20d: 62.6%). Max pain ranged from $16.00 to $23.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2019-12-18: Highest Volume — 427,170 contracts
  • 2019-12-26: Largest IV spike — 10.8% change
  • 2019-12-02: Highest IV Rank — 20.3%
  • 2019-12-02: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.36$22.93$27.38$22.93$26.00
Max Pain$18.08$16.00$23.25$23.25$19.50
ATM IV43.7%39.5%48.0%48.0%45.7%
Expected Move12.8%11.3%14.6%14.6%13.4%
HV 20d62.6%40.0%71.2%70.4%40.0%
HV 60d58.1%55.7%61.7%61.7%57.9%
IV Rank11.5%3.2%20.3%20.3%15.6%
IV Percentile9.0%1.2%25.4%25.4%16.7%
Term Structure0.7%-1.0%2.3%1.3%0.7%
VWIV44.6%39.6%50.7%50.7%46.6%
Skew 25d3.4%2.0%6.5%6.5%2.4%
Skew 10d5.6%3.6%9.2%9.2%3.9%
Call IV 25d41.9%36.9%44.7%44.6%44.7%
Put IV 25d45.3%40.0%51.0%51.0%47.1%
Bid-Ask Spread %25.8612.9848.3815.8029.36
Gamma HHI0.190.120.250.240.16
Net GEX23.6M8.1M39.7M8.1M22.1M
Net DEX-770.6M-1.18B-341.5M-341.5M-822.3M
Net VEX-2.5M-3.0M-2.0M-2.0M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.130.930.930.52
Total Volume209,063.8183,690427,170395,390193,510
Total OI1,025,667.619858,7101,226,370858,7101,080,360

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$22.93$23.2548.0%14.6%70.4%20.3%50.7%6.5%1.3%8.1M-341.5M-2.0M0.9315.80N/AN/A204,350191,040524,210334,500
2019-12-03$23.70$23.0045.7%13.8%71.0%15.6%48.6%4.8%1.6%13.0M-469.1M-2.2M0.4721.24N/AN/A165,82077,300600,100389,010
2019-12-04$24.58$23.0046.5%13.6%71.2%17.1%47.1%5.0%2.3%21.3M-655.4M-2.3M0.5112.98N/AN/A146,81074,890604,660401,850
2019-12-05$24.11$16.0044.3%13.3%70.4%12.8%46.8%5.2%2.3%16.2M-536.5M-2.2M0.6537.76N/AN/A68,53044,550611,090414,950
2019-12-06$24.69$16.0044.0%13.1%70.4%12.2%46.1%2.4%1.9%22.7M-683.9M-2.2M0.3632.87N/AN/A222,92079,580616,020417,010
2019-12-09$24.95$16.5045.8%13.4%70.3%15.7%47.5%5.1%0.3%20.9M-677.4M-2.2M0.6927.10N/AN/A84,11057,770570,730352,380
2019-12-10$25.02$16.5044.7%13.2%60.7%13.6%46.8%4.4%1.6%20.3M-676.4M-2.2M0.7139.43N/AN/A54,71039,080585,380382,080
2019-12-11$24.97$16.5045.9%13.3%59.9%16.1%46.7%2.9%0.2%19.7M-666.9M-2.2M0.6532.36N/AN/A70,20045,610596,060398,560
2019-12-12$24.66$16.5044.5%13.0%60.1%13.2%45.3%2.1%0.9%16.5M-601.8M-2.2M0.6837.63N/AN/A83,46056,360606,590408,840
2019-12-13$25.25$16.5042.7%12.4%60.5%9.6%43.1%3.3%0.6%25.9M-752.9M-2.1M0.4623.50N/AN/A165,95076,390619,920430,670
2019-12-16$25.39$17.0041.2%11.9%60.5%6.5%41.8%2.0%0.0%24.0M-723.7M-2.1M0.4317.35N/AN/A107,50046,010569,380387,220
2019-12-17$25.04$17.0040.6%11.7%60.8%5.4%40.5%2.3%0.4%23.3M-647.7M-2.1M0.4619.02N/AN/A71,79032,880591,930401,170
2019-12-18$25.37$17.0041.5%11.9%60.7%7.2%41.6%2.4%-0.1%27.0M-728.5M-2.1M0.1319.69N/AN/A376,98050,190608,020412,110
2019-12-19$26.23$17.5040.4%11.5%61.3%5.0%39.7%2.8%1.5%39.7M-1.08B-2.9M0.4424.57N/AN/A193,62085,930740,910429,590
2019-12-20$26.19$17.5041.1%11.9%61.3%6.4%41.2%2.8%-1.0%31.7M-1.08B-3.0M0.4548.38N/AN/A111,53050,370777,400448,970
2019-12-23$26.88$18.0041.3%11.5%61.8%6.8%40.2%2.8%-0.5%32.6M-1.06B-2.9M0.5121.51N/AN/A204,060103,360649,830338,200
2019-12-24$26.80$18.0039.5%11.3%59.3%3.2%39.6%3.1%-0.6%30.4M-1.04B-3.0M0.3525.57N/AN/A61,80021,890692,250377,580
2019-12-26$27.38$18.0043.8%12.4%59.3%11.8%43.3%3.9%0.7%37.3M-1.18B-2.9M0.4620.34N/AN/A175,82081,240697,420384,860
2019-12-27$27.19$18.0043.5%12.8%59.3%11.1%44.7%2.1%0.9%24.5M-1.09B-2.9M0.6317.99N/AN/A88,68055,580706,310402,340
2019-12-30$25.30$18.5046.3%13.9%64.8%16.9%47.9%3.5%-0.8%17.8M-671.5M-2.9M0.8318.70N/AN/A146,910121,260646,490332,070
2019-12-31$26.00$19.5045.7%13.4%40.0%15.6%46.6%2.4%0.7%22.1M-822.3M-3.0M0.5229.36N/AN/A127,38066,130693,040387,320