TTD Options History — September 2020

In September 2020, TTD traded between $41.76 and $51.78. ATM implied volatility averaged 59.7%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 3.3% (HV 20d: 56.4%). Max pain ranged from $39.00 to $45.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2020-09-04: Highest Volume — 208,410 contracts
  • 2020-09-03: Largest IV spike — 15.4% change
  • 2020-09-03: Highest IV Rank — 37.8%
  • 2020-09-03: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.86$41.76$51.78$50.13$51.78
Max Pain$40.62$39.00$45.00$45.00$42.00
ATM IV59.7%54.7%69.4%56.2%59.1%
Expected Move16.9%15.4%19.1%15.8%15.4%
HV 20d56.4%42.7%62.6%43.0%62.1%
HV 60d49.4%43.7%50.8%43.7%50.8%
IV Rank26.1%20.1%37.8%21.9%25.5%
IV Percentile40.9%30.2%60.7%36.5%37.3%
Term Structure2.1%-2.5%13.2%0.2%12.1%
VWIV59.2%54.1%67.3%58.8%54.1%
Skew 25d4.9%-5.5%9.3%-5.5%7.7%
Skew 10d8.6%-4.7%21.6%-4.7%8.6%
Call IV 25d58.2%52.3%69.3%60.2%55.5%
Put IV 25d63.1%54.6%72.0%54.6%63.2%
Bid-Ask Spread %65.2553.5973.2858.9473.28
Gamma HHI0.050.030.100.060.04
Net GEX5.5M-10.2M23.5M15.6M18.0M
Net DEX-817.2M-1.43B-367.2M-1.11B-1.43B
Net VEX-3.5M-3.7M-3.2M-3.2M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.281.240.310.58
Total Volume92,873.33345,400208,410125,560103,460
Total OI781,709.524707,440880,970729,070772,900

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$50.13$45.0056.2%15.8%43.0%21.9%58.8%-5.5%0.2%15.6M-1.11B-3.2M0.3158.94N/AN/A95,95029,610377,170351,900
2020-09-02$51.48$45.0060.2%16.3%42.7%26.7%57.0%-1.3%-0.7%23.5M-1.28B-3.2M0.4563.80N/AN/A88,84040,170401,640361,080
2020-09-03$46.35$39.5069.4%19.1%56.3%37.8%66.5%2.8%-1.5%442.7K-632.6M-3.5M0.3853.59N/AN/A129,91049,620404,030371,510
2020-09-04$44.38$39.0064.5%18.1%56.6%31.9%63.6%3.3%-0.6%-7.1M-411.9M-3.5M0.5465.20N/AN/A135,69072,720436,330382,850
2020-09-08$42.22$39.0065.5%18.9%55.5%33.1%67.3%2.3%-1.0%-1.2M-472.7M-3.7M0.7362.81N/AN/A38,56028,030436,970353,900
2020-09-09$43.48$39.0059.6%17.8%55.2%26.0%59.8%3.6%2.5%-889.9K-577.7M-3.7M0.3461.25N/AN/A40,57013,810449,540369,170
2020-09-10$42.96$39.0060.4%17.6%54.1%26.9%60.7%6.7%1.0%-2.2M-516.1M-3.7M0.5861.80N/AN/A46,86027,380459,050373,200
2020-09-11$41.76$40.0057.1%16.8%53.9%23.0%57.7%9.3%2.1%-10.2M-367.2M-3.5M1.2470.36N/AN/A40,49050,400462,840378,910
2020-09-14$42.85$40.0056.2%16.0%54.9%21.9%55.7%7.6%-1.9%-1.4M-529.8M-3.5M0.6369.53N/AN/A44,72027,980421,120358,950
2020-09-15$44.16$40.0054.7%15.7%55.1%20.1%56.2%5.7%-0.7%2.3M-689.4M-3.6M0.5368.31N/AN/A53,49028,590433,400365,950
2020-09-16$44.33$40.0056.9%16.3%55.0%22.7%56.3%6.7%-2.5%3.3M-709.1M-3.6M0.5968.49N/AN/A30,18017,770447,000376,360
2020-09-17$42.80$40.0058.9%16.9%56.2%25.2%59.4%7.8%-0.7%-1.5M-522.1M-3.6M0.2866.23N/AN/A119,20033,280453,010379,960
2020-09-18$43.67$40.0057.5%16.4%56.6%23.5%58.7%5.4%0.9%4.1M-733.9M-3.7M0.8165.81N/AN/A48,37038,970491,920389,050
2020-09-21$46.14$40.0060.1%17.1%60.0%26.5%59.6%6.0%3.3%6.6M-930.1M-3.6M0.4766.55N/AN/A55,61026,040379,940327,500
2020-09-22$46.80$40.5060.2%17.1%60.1%26.7%61.4%5.8%0.6%10.8M-1.00B-3.6M0.6658.54N/AN/A31,79021,010397,100336,760
2020-09-23$46.02$40.5060.4%17.4%60.3%27.0%60.7%7.2%1.9%10.5M-933.7M-3.7M0.5363.24N/AN/A29,65015,750405,480340,960
2020-09-24$45.46$40.5061.1%17.2%59.8%27.8%59.6%4.1%1.5%7.2M-852.9M-3.7M1.0465.54N/AN/A26,51027,520407,120347,700
2020-09-25$47.33$41.0059.9%16.7%61.6%26.3%58.7%4.0%2.9%17.4M-1.08B-3.5M0.6768.07N/AN/A47,39031,590411,710353,380
2020-09-28$48.80$41.5057.2%16.0%61.9%23.1%55.5%4.8%11.2%8.8M-1.13B-3.4M0.7769.26N/AN/A34,13026,180377,970335,770
2020-09-29$50.20$41.5058.7%16.0%62.6%24.9%54.9%8.9%13.2%11.9M-1.25B-3.4M0.5369.72N/AN/A67,15035,400389,370345,430
2020-09-30$51.78$42.0059.1%15.4%62.1%25.5%54.1%7.7%12.1%18.0M-1.43B-3.4M0.5873.28N/AN/A65,52037,940413,540359,360