TTD Options History — November 2020

In November 2020, TTD traded between $55.35 and $89.76. ATM implied volatility averaged 56.3%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 45.1% (HV 20d: 101.4%). Max pain ranged from $51.00 to $77.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2020-11-06: Highest Volume — 733,440 contracts
  • 2020-11-09: Largest IV drop — 17.2% change
  • 2020-11-02: Highest IV Rank — 45.0%
  • 2020-11-02: Largest Expected Move — 25.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.86$55.35$89.76$55.35$89.76
Max Pain$69.00$51.00$77.50$51.00$77.50
ATM IV56.3%49.7%75.4%75.4%51.8%
Expected Move16.8%14.6%25.3%25.3%15.3%
HV 20d101.4%56.4%115.6%56.4%103.3%
HV 60d72.5%53.9%78.4%54.2%74.4%
IV Rank22.1%14.2%45.0%45.0%16.7%
IV Percentile31.3%15.1%74.2%74.2%21.0%
Term Structure-0.4%-2.6%1.2%-1.4%0.6%
VWIV59.2%51.2%89.2%87.5%54.0%
Skew 25d3.2%-0.1%6.5%3.9%-0.1%
Skew 10d6.5%1.6%15.9%4.3%2.8%
Call IV 25d54.6%48.4%72.2%72.2%50.8%
Put IV 25d57.8%50.7%76.7%76.1%50.7%
Bid-Ask Spread %50.2836.3368.7657.4061.74
Gamma HHI0.070.020.410.030.09
Net GEX20.8M1.5M81.0M1.5M29.8M
Net DEX-2.06B-3.40B-1.07B-1.07B-2.37B
Net VEX-3.2M-3.5M-2.4M-3.3M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.391.240.740.62
Total Volume161,836.558,210733,44058,210163,890
Total OI812,673.5676,060931,020739,950685,970

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$55.35$51.0075.4%25.3%56.4%45.0%87.5%3.9%-1.4%1.5M-1.07B-3.3M0.7457.40N/AN/A33,54024,670388,610351,340
2020-11-03$58.63$51.0074.0%24.4%59.6%43.3%89.2%6.2%-2.2%4.1M-1.30B-3.2M1.0759.83N/AN/A33,05035,510388,610351,340
2020-11-04$62.86$51.0065.5%22.3%64.4%33.1%77.0%6.5%-2.6%10.9M-1.71B-3.1M0.6368.76N/AN/A63,82040,120418,920372,950
2020-11-05$64.73$59.5066.5%18.7%64.9%34.2%66.5%4.7%-1.2%12.5M-1.84B-3.1M1.0140.09N/AN/A83,45084,430419,750388,420
2020-11-06$82.39$60.0061.9%17.9%106.5%28.7%65.0%1.9%0.8%13.0M-3.40B-2.4M0.5736.81N/AN/A468,310265,130457,890438,730
2020-11-09$76.77$70.0051.2%14.8%110.7%15.9%51.6%4.2%1.2%9.3M-2.05B-3.0M0.9542.15N/AN/A82,80078,480391,650416,530
2020-11-10$70.69$71.0058.1%16.8%114.7%24.2%59.6%4.5%0.4%2.8M-1.52B-3.2M0.9736.33N/AN/A101,69098,280397,470425,070
2020-11-11$73.80$71.0052.8%15.4%115.6%17.9%55.1%2.4%0.4%12.2M-1.95B-3.2M0.4140.89N/AN/A110,80045,500436,770446,820
2020-11-12$73.95$72.5053.3%15.6%110.8%18.5%54.8%2.6%1.2%10.4M-1.88B-3.3M1.2440.43N/AN/A42,92053,230440,130463,840
2020-11-13$73.30$73.0052.0%15.0%110.9%16.9%52.7%3.4%-0.0%4.9M-1.80B-3.2M0.9641.98N/AN/A50,04048,170446,040484,980
2020-11-16$74.02$73.0051.0%14.6%110.9%15.7%51.6%2.4%-0.2%9.2M-1.80B-3.2M0.5144.67N/AN/A48,77025,040377,860424,040
2020-11-17$79.00$73.5053.3%15.3%112.4%18.4%53.8%2.9%-1.5%22.8M-2.27B-3.1M0.5247.59N/AN/A97,15050,510393,580433,890
2020-11-18$77.06$73.5052.6%15.1%113.2%17.6%53.0%2.9%-1.1%16.9M-2.04B-3.2M0.5649.02N/AN/A62,13034,810409,160448,250
2020-11-19$80.81$74.0052.0%15.0%112.9%16.9%52.7%0.4%-1.5%34.4M-2.46B-3.2M0.3950.40N/AN/A149,07058,380423,720460,140
2020-11-20$82.89$74.5051.8%15.0%113.0%16.7%52.6%0.4%-1.0%47.0M-2.70B-3.3M0.4152.40N/AN/A149,55060,610453,440474,060
2020-11-23$84.09$75.0052.0%15.1%112.4%16.9%53.6%3.4%0.3%25.4M-2.09B-3.4M0.7556.28N/AN/A75,73057,110361,330314,730
2020-11-24$83.82$75.0051.1%14.8%112.6%15.7%51.8%4.1%0.5%27.9M-2.09B-3.5M0.5259.27N/AN/A86,36044,920385,330342,610
2020-11-25$86.16$77.0050.7%14.8%111.6%15.3%51.7%1.9%0.1%40.2M-2.34B-3.5M0.4659.33N/AN/A86,50040,170400,080359,590
2020-11-27$87.07$77.0049.7%14.6%111.4%14.2%51.2%5.6%-0.3%81.0M-2.43B-3.5M0.5460.16N/AN/A66,14035,950407,540372,290
2020-11-30$89.76$77.5051.8%15.3%103.3%16.7%54.0%-0.1%0.6%29.8M-2.37B-3.4M0.6261.74N/AN/A100,86063,030359,070326,900