TTD Options History — July 2020

In July 2020, TTD traded between $42.07 and $46.18. ATM implied volatility averaged 76.1%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 33.3% (HV 20d: 42.8%). Max pain ranged from $27.00 to $40.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2020-07-06: Highest Volume — 273,630 contracts
  • 2020-07-06: Largest IV spike — 21.4% change
  • 2020-07-15: Highest IV Rank — 58.9%
  • 2020-07-23: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.96$42.07$46.18$43.03$44.99
Max Pain$38.34$27.00$40.00$27.00$40.00
ATM IV76.1%55.8%87.0%55.8%71.4%
Expected Move21.8%14.5%23.9%14.9%22.0%
HV 20d42.8%32.5%47.2%47.2%43.7%
HV 60d55.3%48.0%60.2%60.2%48.4%
IV Rank45.8%21.5%58.9%21.5%40.1%
IV Percentile73.5%37.7%85.7%37.7%65.9%
Term Structure-0.2%-6.8%18.4%18.4%-3.2%
VWIV75.7%51.3%81.9%52.7%77.2%
Skew 25d6.8%2.5%14.2%7.3%7.1%
Skew 10d9.7%2.6%20.2%10.2%9.6%
Call IV 25d71.5%50.3%79.9%50.4%66.7%
Put IV 25d78.3%54.9%91.4%57.8%73.8%
Bid-Ask Spread %52.7738.9269.0969.0957.99
Gamma HHI0.070.030.560.070.56
Net GEX6.7M-6.4M57.1M17.0M57.1M
Net DEX-906.6M-1.48B-589.1M-1.33B-953.9M
Net VEX-3.3M-3.5M-2.8M-2.9M-3.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.311.590.950.58
Total Volume107,514.09151,930273,630166,050153,080
Total OI858,608.182715,100992,060904,190874,850

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$43.03$27.0055.8%14.9%47.2%21.5%52.7%7.3%18.4%17.0M-1.33B-2.9M0.9569.09N/AN/A85,32080,730459,190445,000
2020-07-02$44.27$27.0056.7%14.5%42.5%22.5%51.3%4.5%18.0%17.2M-1.48B-2.8M0.6766.04N/AN/A119,33079,860466,590468,470
2020-07-06$44.63$37.5068.8%20.6%40.6%37.0%71.8%4.8%2.7%8.6M-1.32B-2.9M0.9540.04N/AN/A140,460133,170432,690438,650
2020-07-07$45.16$38.0076.1%21.9%40.5%45.9%76.0%2.5%4.0%6.7M-1.07B-3.1M0.6544.54N/AN/A47,14030,500390,140473,550
2020-07-08$46.14$38.0074.4%21.3%40.7%43.8%75.7%3.2%2.5%9.6M-1.17B-3.0M1.0547.44N/AN/A42,47044,400404,380484,050
2020-07-09$46.13$38.0077.0%22.4%40.9%46.9%78.4%4.7%4.2%10.0M-1.15B-3.1M0.8938.92N/AN/A44,69039,570412,950503,270
2020-07-10$46.18$39.0077.3%21.8%32.5%47.2%76.1%4.6%3.0%12.1M-1.18B-3.1M1.0447.94N/AN/A42,57044,480424,770516,590
2020-07-13$43.34$39.5085.0%23.9%42.6%56.5%81.8%11.4%-2.2%1.8M-806.6M-3.2M1.3649.45N/AN/A53,79073,030388,440474,580
2020-07-14$42.81$39.5085.7%23.5%41.2%57.3%80.7%11.3%-2.9%-2.7M-700.2M-3.3M1.0554.85N/AN/A42,01044,210404,970500,460
2020-07-15$43.54$40.0087.0%23.8%41.3%58.9%81.9%12.1%-3.8%-2.0M-788.3M-3.3M1.5953.14N/AN/A54,35086,530416,150506,690
2020-07-16$42.92$40.0085.3%23.3%41.3%56.9%80.0%14.2%-4.8%-3.8M-719.2M-3.2M0.3156.60N/AN/A72,42022,540421,050516,870
2020-07-17$43.28$40.0077.8%21.4%40.6%47.8%74.5%11.0%-4.7%1.9M-878.2M-3.4M0.8058.79N/AN/A45,72036,630467,610524,450
2020-07-20$45.74$40.0078.5%22.2%44.4%48.7%77.6%7.5%-4.5%5.2M-920.4M-3.3M0.3649.40N/AN/A75,83027,330348,750366,350
2020-07-21$44.47$40.0077.0%21.9%46.0%46.8%76.3%5.9%-4.3%7.4M-827.5M-3.4M0.3853.80N/AN/A65,88025,150383,090376,750
2020-07-22$44.23$40.0074.9%21.5%45.5%44.4%72.0%4.2%-5.0%7.8M-805.9M-3.3M0.3456.85N/AN/A38,65013,280400,940387,860
2020-07-23$42.47$40.0082.2%23.9%46.3%53.1%81.3%3.6%-6.8%-2.4M-609.5M-3.4M0.8453.15N/AN/A55,13046,500399,810390,810
2020-07-24$42.68$40.0080.7%23.5%45.5%51.4%81.9%4.1%-3.3%-6.4M-605.7M-3.5M1.3550.02N/AN/A38,06051,290422,820413,520
2020-07-27$43.33$40.0077.4%23.2%45.5%47.4%78.7%5.7%-3.2%673.5K-701.3M-3.4M0.6751.29N/AN/A40,09027,020362,550388,270
2020-07-28$42.07$40.0078.3%23.2%45.9%48.5%81.8%6.4%-4.0%-996.5K-589.1M-3.5M1.2751.66N/AN/A24,17030,600380,990397,400
2020-07-29$42.72$40.0074.7%22.8%46.1%44.1%79.2%7.5%-3.2%605.5K-656.6M-3.5M1.4955.93N/AN/A32,09047,930392,090416,140
2020-07-30$42.98$40.0072.2%22.4%41.7%41.2%78.2%5.4%-1.3%1.3M-678.5M-3.5M0.6754.08N/AN/A40,40026,910403,580441,250
2020-07-31$44.99$40.0071.4%22.0%43.7%40.1%77.2%7.1%-3.2%57.1M-953.9M-3.3M0.5857.99N/AN/A96,81056,270423,310451,540