TTD Options History — June 2020

In June 2020, TTD traded between $31.07 and $41.47. ATM implied volatility averaged 59.5%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 5.7% (HV 20d: 53.8%). Max pain ranged from $27.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2020-06-03: Highest Volume — 334,770 contracts
  • 2020-06-11: Largest IV spike — 15.4% change
  • 2020-06-11: Highest IV Rank — 39.4%
  • 2020-06-11: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.36$31.07$41.47$31.07$40.71
Max Pain$27.40$27.00$30.00$29.75$27.00
ATM IV59.5%52.7%70.8%56.0%58.2%
Expected Move17.1%15.4%20.3%15.7%15.4%
HV 20d53.8%44.2%58.4%46.6%55.2%
HV 60d85.3%68.3%107.0%107.0%68.3%
IV Rank25.9%17.7%39.4%21.7%24.3%
IV Percentile45.9%40.5%67.5%45.2%41.3%
Term Structure1.2%-4.5%16.2%-2.6%16.2%
VWIV60.7%54.4%73.9%54.4%56.1%
Skew 25d2.1%-9.3%15.1%15.1%6.8%
Skew 10d6.7%-12.4%18.0%18.0%12.0%
Call IV 25d59.2%49.2%74.0%49.2%51.5%
Put IV 25d61.3%52.4%72.7%64.3%58.2%
Bid-Ask Spread %54.4141.7567.8555.5267.85
Gamma HHI0.070.040.190.080.06
Net GEX12.7M3.9M24.3M11.3M7.3M
Net DEX-1.12B-1.43B-682.0M-682.0M-1.04B
Net VEX-2.9M-3.1M-2.8M-3.0M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.321.870.760.89
Total Volume146,216.36473,870334,77093,78091,070
Total OI902,595.455804,390995,450804,390862,250

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$31.07$29.7556.0%15.7%46.6%21.7%54.4%15.1%-2.6%11.3M-682.0M-3.0M0.7655.52N/AN/A53,17040,610465,930338,460
2020-06-02$31.75$30.0052.7%15.9%44.2%17.7%56.5%6.9%1.9%15.2M-783.4M-3.0M0.3255.91N/AN/A165,47052,160483,660358,200
2020-06-03$35.14$30.0058.4%17.0%55.2%24.6%60.7%-6.1%-0.4%16.6M-1.23B-2.8M0.4753.96N/AN/A227,290107,480505,620375,380
2020-06-04$33.55$27.0053.9%15.9%57.5%19.2%57.2%0.5%0.0%17.4M-990.6M-3.0M1.0241.75N/AN/A149,850153,390542,100407,030
2020-06-05$35.21$27.0054.1%16.1%58.4%19.4%57.1%-4.0%0.3%24.3M-1.24B-2.9M0.4545.22N/AN/A142,01064,320560,330435,120
2020-06-08$35.79$27.0059.8%17.2%57.7%26.2%62.0%-3.3%0.1%11.7M-1.11B-2.9M1.0946.80N/AN/A40,33044,040493,390377,690
2020-06-09$36.33$27.0060.4%18.0%56.2%27.0%63.0%-7.4%2.6%12.0M-1.17B-3.0M0.5942.35N/AN/A48,47028,810502,080395,490
2020-06-10$36.96$27.0061.3%17.5%56.3%28.0%61.6%-9.3%0.0%13.8M-1.27B-2.8M1.2344.86N/AN/A37,18045,720508,600404,350
2020-06-11$34.93$27.0070.8%20.3%53.0%39.4%73.9%-1.3%0.1%7.3M-948.7M-3.1M0.8949.21N/AN/A73,29065,360512,130420,050
2020-06-12$35.28$27.0063.3%18.1%52.6%30.5%64.0%3.8%-0.4%7.0M-1.02B-3.0M0.9060.63N/AN/A72,85065,810523,740423,960
2020-06-15$36.91$27.0063.4%18.1%54.2%30.5%62.9%1.4%-4.4%10.4M-1.17B-2.8M1.3559.88N/AN/A65,22088,320478,500396,490
2020-06-16$37.19$27.0064.8%18.6%53.8%32.2%64.8%5.5%-4.5%13.6M-1.20B-2.9M0.6659.49N/AN/A44,37029,500508,210423,420
2020-06-17$38.26$27.0061.6%17.7%53.9%28.4%61.2%3.7%-1.9%16.3M-1.34B-2.9M0.6658.75N/AN/A88,15058,020521,090434,530
2020-06-18$39.29$27.0056.4%16.2%53.9%22.2%54.8%6.8%0.1%17.9M-1.43B-2.9M0.4251.77N/AN/A99,74042,370533,480460,900
2020-06-19$39.59$27.0060.5%17.3%53.7%27.0%61.6%2.7%-0.0%22.5M-1.31B-2.8M0.8656.67N/AN/A87,54075,330508,570476,550
2020-06-22$40.18$27.0059.7%17.0%53.6%26.1%61.1%1.8%-1.6%6.9M-1.09B-2.8M1.0554.79N/AN/A44,83046,980418,770391,140
2020-06-23$41.16$27.0061.0%17.3%51.7%27.6%62.8%0.6%-0.5%9.5M-1.18B-3.0M1.8750.13N/AN/A70,320131,660439,500412,220
2020-06-24$39.77$27.0057.7%17.6%53.6%23.8%62.8%6.5%1.6%3.9M-1.00B-3.0M0.9058.47N/AN/A69,73062,960448,340431,440
2020-06-25$40.80$27.0057.6%16.7%53.7%23.6%61.0%3.5%2.1%11.3M-1.15B-3.0M0.7458.33N/AN/A59,36043,860467,980453,540
2020-06-26$41.47$27.0057.5%16.7%53.5%23.5%59.2%4.3%1.4%17.1M-1.22B-2.9M1.0561.85N/AN/A72,33075,940472,160460,440
2020-06-29$40.48$27.0059.3%16.5%55.2%25.6%57.4%7.2%16.2%5.8M-1.02B-3.0M1.2162.87N/AN/A41,37050,180430,060394,210
2020-06-30$40.71$27.0058.2%15.4%55.2%24.3%56.1%6.8%16.2%7.3M-1.04B-3.1M0.8967.85N/AN/A48,22042,850443,070419,180