TTD Options History — March 2021

In March 2021, TTD traded between $61.56 and $83.18. ATM implied volatility averaged 59.0%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 23.9% (HV 20d: 83.0%). Max pain ranged from $71.00 to $82.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.79.

Notable Days

  • 2021-03-05: Highest Volume — 281,120 contracts
  • 2021-03-03: Largest IV spike — 22.4% change
  • 2021-03-04: Highest IV Rank — 29.6%
  • 2021-03-03: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.89$61.56$83.18$83.18$65.89
Max Pain$74.46$71.00$82.00$81.50$71.00
ATM IV59.0%50.1%69.6%50.1%57.8%
Expected Move16.8%14.5%19.7%14.5%16.2%
HV 20d83.0%57.7%92.4%57.7%75.8%
HV 60d64.0%52.7%68.6%52.7%67.9%
IV Rank16.6%3.1%29.6%3.1%17.5%
IV Percentile36.1%5.6%60.7%5.6%36.1%
Term Structure1.2%-2.4%9.0%-0.3%8.3%
VWIV59.7%51.4%69.2%51.6%57.6%
Skew 25d4.9%0.3%15.7%1.3%1.8%
Skew 10d10.1%-1.5%28.9%2.6%8.6%
Call IV 25d57.6%52.2%67.1%52.2%57.8%
Put IV 25d62.5%53.5%79.3%53.5%59.5%
Bid-Ask Spread %60.1141.8077.7072.0071.45
Gamma HHI0.060.030.250.030.06
Net GEX7.6M-8.5M29.5M15.3M9.0M
Net DEX-406.3M-1.10B407.9M-1.10B-273.5M
Net VEX-5.6M-6.2M-4.7M-5.7M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.351.290.800.35
Total Volume110,142.60947,790281,12076,92076,730
Total OI729,829.565631,380819,380631,380734,910

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$83.18$81.5050.1%14.5%57.7%3.1%51.6%1.3%-0.3%15.3M-1.10B-5.7M0.8072.00N/AN/A42,72034,200345,650285,730
2021-03-02$80.37$82.0053.6%14.7%58.3%7.7%51.4%3.8%-1.4%11.9M-843.5M-5.5M0.8877.70N/AN/A29,95026,390359,570298,620
2021-03-03$69.71$82.0065.5%19.7%74.6%24.1%69.2%4.7%-1.2%-8.3M82.8M-5.1M1.2961.45N/AN/A93,470120,360357,350311,420
2021-03-04$64.03$74.5069.6%19.2%78.8%29.6%68.1%15.7%-2.4%-8.5M407.9M-4.9M1.2454.65N/AN/A99,690124,030402,680346,410
2021-03-05$65.45$74.0064.2%18.3%79.3%22.3%64.0%11.6%-0.6%-3.5M294.9M-5.2M1.0651.92N/AN/A136,210144,910437,150364,120
2021-03-08$67.86$73.5069.2%19.3%81.1%29.1%67.9%7.6%-1.3%3.0M-195.6M-5.9M0.4252.84N/AN/A116,51049,270389,010328,930
2021-03-09$72.34$73.5060.5%16.9%85.4%17.2%61.7%6.8%-1.4%10.9M-534.1M-6.1M0.4653.05N/AN/A64,61029,960415,410340,780
2021-03-10$71.68$73.5062.4%17.6%84.8%19.7%61.5%6.2%-0.5%11.8M-527.8M-6.2M0.7854.50N/AN/A35,79027,990428,320347,530
2021-03-11$74.97$73.0058.6%16.8%87.0%14.6%60.1%8.1%0.5%21.3M-828.6M-6.2M0.7353.37N/AN/A46,01033,720436,200356,380
2021-03-12$74.69$73.5060.3%17.5%86.9%16.8%62.7%5.9%1.1%29.5M-802.0M-6.2M0.5941.80N/AN/A52,94031,000441,830367,330
2021-03-15$75.36$73.5057.8%16.6%87.1%13.5%59.4%3.5%0.6%16.9M-787.8M-6.0M0.7451.34N/AN/A30,61022,790401,750332,300
2021-03-16$76.83$73.5056.5%16.2%87.4%11.7%57.0%3.1%0.4%19.1M-960.3M-6.0M0.5259.75N/AN/A81,78042,780410,540335,980
2021-03-17$76.79$74.0056.1%16.1%86.9%11.2%57.3%4.7%0.8%17.7M-914.9M-5.9M0.7660.21N/AN/A62,79047,840426,710348,210
2021-03-18$69.84$74.0062.0%17.8%92.4%19.2%62.9%2.5%-0.2%1.8M-269.4M-5.7M0.6753.41N/AN/A75,68050,520443,330352,450
2021-03-19$72.67$73.5057.5%16.6%90.1%17.0%58.1%3.3%-0.4%13.4M-550.8M-5.8M0.5559.88N/AN/A69,69038,530458,700360,680
2021-03-22$74.25$73.5054.4%15.5%89.0%11.4%55.2%3.8%0.8%14.1M-727.5M-5.7M0.5666.10N/AN/A38,52021,450358,700289,070
2021-03-23$71.80$73.5053.4%15.4%86.2%9.7%54.5%3.4%1.4%11.2M-546.6M-5.5M1.1355.42N/AN/A22,40025,390378,120297,200
2021-03-24$66.68$73.5054.8%15.5%89.4%12.2%55.1%2.0%1.5%-1.9M-136.2M-5.1M0.9165.08N/AN/A51,20046,390379,550305,300
2021-03-25$65.11$73.5057.6%16.3%89.3%17.1%59.6%5.2%3.9%-5.0M-12.9M-5.1M0.8853.70N/AN/A52,52046,260393,340316,430
2021-03-26$66.67$73.0056.9%16.0%85.3%15.8%56.1%6.3%1.0%-2.7M-140.4M-5.2M0.9169.32N/AN/A47,49043,090405,090325,060
2021-03-29$61.56$73.0061.4%17.8%87.5%23.8%63.2%0.3%8.0%-2.8M46.4M-4.7M0.9770.19N/AN/A54,78053,360358,320304,210
2021-03-30$62.81$72.0057.6%16.6%88.0%17.0%58.5%2.2%9.0%1.1M-23.2M-4.9M0.8973.46N/AN/A48,22042,740386,630323,080
2021-03-31$65.89$71.0057.8%16.2%75.8%17.5%57.6%1.8%8.3%9.0M-273.5M-5.2M0.3571.45N/AN/A56,64020,090400,190334,720