TTD Options History — December 2020

In December 2020, TTD traded between $80.07 and $96.81. ATM implied volatility averaged 50.5%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded below realized volatility by 1.3% (HV 20d: 51.8%). Max pain ranged from $35.00 to $78.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2020-12-28: Highest Volume — 308,830 contracts
  • 2020-12-28: Largest IV spike — 15.5% change
  • 2020-12-28: Highest IV Rank — 17.1%
  • 2020-12-28: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.10$80.07$96.81$88.87$80.07
Max Pain$43.11$35.00$78.00$78.00$49.00
ATM IV50.5%47.9%55.4%49.9%53.4%
Expected Move14.7%14.0%16.4%14.9%15.0%
HV 20d51.8%27.9%103.6%102.8%50.5%
HV 60d72.8%71.4%75.4%73.7%75.4%
IV Rank12.9%7.8%17.1%12.7%14.6%
IV Percentile15.1%7.1%26.6%14.7%24.2%
Term Structure0.8%-0.7%2.9%0.4%0.2%
VWIV52.1%48.5%57.1%52.5%53.0%
Skew 25d3.2%-0.6%7.5%2.0%7.5%
Skew 10d6.4%0.4%11.5%2.4%4.4%
Call IV 25d49.5%47.3%55.8%48.9%50.3%
Put IV 25d52.7%48.4%58.6%50.9%57.8%
Bid-Ask Spread %63.6555.0470.8265.3567.34
Gamma HHI0.090.030.280.080.15
Net GEX21.2M-28.8M102.6M31.2M-28.8M
Net DEX-2.05B-2.54B-862.5M-2.28B-862.5M
Net VEX-3.8M-4.8M-3.6M-3.6M-4.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.411.130.550.70
Total Volume116,025.90959,480308,83089,400135,060
Total OI754,617.273649,320904,480736,050904,480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$88.87$78.0049.9%14.9%102.8%12.7%52.5%2.0%0.4%31.2M-2.28B-3.6M0.5565.35N/AN/A57,80031,600385,920350,130
2020-12-02$86.32$78.0050.2%14.9%103.6%13.1%52.0%3.9%1.6%18.1M-1.98B-3.7M0.8466.10N/AN/A41,93035,380401,900363,270
2020-12-03$88.78$35.0049.0%14.6%102.0%11.5%51.9%2.6%1.8%43.6M-2.30B-3.6M0.5659.15N/AN/A74,39041,330406,570377,630
2020-12-04$90.47$35.0049.2%14.6%101.9%11.8%52.3%3.0%1.2%102.6M-2.54B-3.6M0.4158.70N/AN/A100,74041,300427,760386,080
2020-12-07$91.22$36.0049.9%14.7%57.8%12.7%52.5%2.9%1.2%19.0M-2.27B-3.6M0.4757.57N/AN/A47,71022,320354,810338,390
2020-12-08$91.33$36.5049.8%14.6%50.5%12.5%52.4%1.6%0.9%20.6M-2.30B-3.6M0.4455.04N/AN/A62,77027,850371,670348,920
2020-12-09$88.67$37.0050.3%14.9%40.3%13.2%52.3%5.2%1.4%12.0M-2.00B-3.7M0.7060.00N/AN/A67,02047,010391,340356,510
2020-12-10$91.75$37.5049.2%14.6%39.5%11.8%52.4%4.2%2.9%22.2M-2.33B-3.7M0.4458.80N/AN/A53,53023,660394,480365,020
2020-12-11$92.43$38.0051.2%14.9%39.4%14.2%53.5%3.0%1.1%59.9M-2.47B-3.6M0.5860.32N/AN/A71,17041,070407,330370,750
2020-12-14$92.23$38.0050.5%14.6%39.0%13.4%52.7%5.1%-0.4%19.5M-2.27B-3.6M1.0460.76N/AN/A30,92032,260352,880338,110
2020-12-15$93.08$39.0049.8%14.3%39.0%12.6%51.1%4.9%-0.5%19.3M-2.34B-3.6M0.7160.93N/AN/A54,93038,820357,990356,680
2020-12-16$93.91$39.0050.6%14.5%33.5%13.6%51.8%4.3%-0.5%21.7M-2.42B-3.6M0.6364.08N/AN/A36,53022,950374,730374,960
2020-12-17$94.34$39.5049.6%14.2%31.2%12.3%50.9%4.0%-0.2%26.5M-2.47B-3.6M0.7463.57N/AN/A41,93031,150383,960382,760
2020-12-18$94.82$40.0050.0%14.4%27.9%12.8%51.0%4.0%-0.7%39.1M-2.51B-3.7M0.5964.27N/AN/A68,07040,140394,240390,360
2020-12-21$93.20$40.0051.3%14.9%28.4%14.4%51.8%2.4%0.3%10.9M-2.07B-3.7M1.1367.64N/AN/A47,16053,070327,600321,720
2020-12-22$96.81$40.0049.7%14.4%30.5%12.5%50.9%0.7%0.7%18.5M-2.38B-3.9M0.7466.04N/AN/A49,80036,870344,860358,160
2020-12-23$93.09$40.0049.4%14.5%34.5%12.1%49.8%-0.6%0.9%-1.2M-1.97B-4.0M0.6170.82N/AN/A96,51058,410354,900366,540
2020-12-24$93.00$41.0047.9%14.0%33.6%7.8%48.5%1.4%1.1%18.8M-1.95B-4.1M0.5670.69N/AN/A46,67026,290385,320388,130
2020-12-28$83.44$42.0055.4%16.4%52.0%17.1%57.1%2.8%2.5%-4.4M-1.15B-3.9M0.6068.24N/AN/A193,490115,340330,810336,370
2020-12-29$82.11$45.0052.9%15.4%50.7%14.0%53.4%3.3%1.0%-5.1M-979.4M-4.4M0.6166.98N/AN/A161,10098,950411,940394,350
2020-12-30$82.16$45.0051.9%15.1%50.7%12.9%53.4%2.1%0.9%2.8M-1.16B-4.7M0.6867.99N/AN/A87,74059,830459,190412,060
2020-12-31$80.07$49.0053.4%15.0%50.5%14.6%53.0%7.5%0.2%-28.8M-862.5M-4.8M0.7067.34N/AN/A79,41055,650472,490431,990