TTD Options History — April 2021

In April 2021, TTD traded between $65.17 and $75.13. ATM implied volatility averaged 61.5%, placing in the 24.9% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 7.1% (HV 20d: 54.3%). Max pain ranged from $67.00 to $71.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2021-04-13: Highest Volume — 272,930 contracts
  • 2021-04-05: Largest IV spike — 12.2% change
  • 2021-04-28: Highest IV Rank — 32.7%
  • 2021-04-29: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.84$65.17$75.13$65.91$73.31
Max Pain$69.40$67.00$71.00$71.00$70.00
ATM IV61.5%57.0%64.7%57.0%62.3%
Expected Move17.5%14.7%19.3%14.7%19.2%
HV 20d54.3%30.7%69.3%69.3%31.9%
HV 60d65.8%63.6%67.8%67.8%63.6%
IV Rank24.9%16.0%32.7%16.0%28.4%
IV Percentile51.2%31.7%63.5%31.7%57.9%
Term Structure-1.2%-3.7%7.9%7.9%-3.5%
VWIV62.1%52.6%71.5%52.6%71.5%
Skew 25d2.5%-1.4%7.0%7.0%2.9%
Skew 10d4.5%0.0%10.5%5.1%2.4%
Call IV 25d60.3%51.4%66.0%51.4%63.5%
Put IV 25d62.7%57.7%67.4%58.4%66.4%
Bid-Ask Spread %46.4228.9471.3571.3544.23
Gamma HHI0.090.060.270.270.06
Net GEX20.4M4.9M41.9M22.9M8.9M
Net DEX-747.0M-1.15B-249.1M-259.7M-873.4M
Net VEX-5.6M-6.0M-5.1M-5.1M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.262.110.780.42
Total Volume97,180.95245,690272,93092,70058,010
Total OI754,465.238655,400904,650746,900741,900

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$65.91$71.0057.0%14.7%69.3%16.0%52.6%7.0%7.9%22.9M-259.7M-5.1M0.7871.35N/AN/A52,04040,660407,320339,580
2021-04-05$65.17$67.0063.9%19.0%69.0%28.3%68.5%5.9%2.3%4.9M-249.1M-5.1M0.4333.57N/AN/A42,77018,360361,670319,560
2021-04-06$67.34$67.0062.8%17.9%68.8%26.3%63.2%3.2%-0.1%16.0M-502.7M-5.3M0.2628.94N/AN/A118,41031,190416,630333,020
2021-04-07$67.83$67.5064.7%17.9%64.6%29.5%62.7%3.0%-0.7%20.0M-543.4M-5.4M0.6036.32N/AN/A51,91031,190445,490345,200
2021-04-08$69.01$67.5061.2%17.0%64.9%23.5%59.5%4.5%0.3%29.4M-682.9M-5.4M0.4334.47N/AN/A85,74036,480453,280359,770
2021-04-09$69.08$69.5060.5%17.0%62.6%22.2%59.0%3.4%-0.8%27.4M-658.5M-5.6M0.8243.44N/AN/A66,23054,570479,460378,150
2021-04-12$70.52$69.5063.3%17.5%63.2%27.2%60.7%1.6%-2.0%16.0M-729.9M-5.6M0.4556.06N/AN/A119,95053,690411,660350,590
2021-04-13$72.46$69.5060.2%16.6%64.0%21.6%60.1%-0.1%-2.8%25.2M-994.3M-5.8M0.6334.88N/AN/A167,520105,410440,540371,890
2021-04-14$71.49$69.5060.5%16.8%63.6%22.2%58.5%0.1%-1.3%27.1M-869.3M-5.7M0.7545.01N/AN/A61,73046,550469,440377,380
2021-04-15$73.36$70.0060.4%16.7%64.4%22.0%58.9%-1.4%-2.2%41.9M-1.15B-6.0M0.4743.14N/AN/A64,11030,270491,210396,140
2021-04-16$71.62$70.0057.6%16.3%55.2%17.0%56.9%1.0%-0.8%29.5M-884.9M-5.8M0.5849.82N/AN/A75,92043,900506,530398,120
2021-04-19$69.22$70.0061.4%17.4%54.6%23.9%60.3%2.3%-2.4%11.9M-576.6M-5.6M0.8361.32N/AN/A32,65027,170347,630311,800
2021-04-20$68.68$70.0062.5%17.8%53.8%25.8%62.7%2.8%-1.5%9.7M-507.9M-5.6M2.1148.71N/AN/A19,24040,620355,950322,360
2021-04-21$70.52$70.0057.6%16.5%53.7%17.2%58.5%1.7%-1.0%12.5M-658.0M-5.6M1.4454.51N/AN/A22,30032,140360,210340,920
2021-04-22$70.31$69.5061.5%17.7%46.3%26.3%62.4%1.2%-1.5%14.1M-666.4M-5.7M0.5848.54N/AN/A47,17027,140367,660350,720
2021-04-23$72.42$70.0060.1%17.4%46.1%23.9%61.1%5.1%-2.0%32.2M-875.4M-5.7M0.6050.93N/AN/A52,50031,670370,900358,820
2021-04-26$74.61$70.0062.7%18.2%46.4%29.0%64.1%0.8%-2.7%16.6M-949.2M-5.6M0.6650.53N/AN/A48,09031,660326,850328,550
2021-04-27$75.13$70.0062.6%18.2%33.8%28.9%64.8%2.9%-2.6%21.2M-1.04B-5.7M0.6750.40N/AN/A28,25018,990347,860340,370
2021-04-28$74.97$70.0064.5%19.2%33.8%32.7%67.3%0.2%-3.7%21.4M-1.03B-5.8M0.5444.87N/AN/A29,73015,960352,410350,700
2021-04-29$74.69$70.0063.6%19.3%30.7%30.8%69.9%3.7%-3.1%20.0M-988.1M-5.8M0.4443.67N/AN/A54,77024,140363,160352,370
2021-04-30$73.31$70.0062.3%19.2%31.9%28.4%71.5%2.9%-3.5%8.9M-873.4M-5.8M0.4244.23N/AN/A40,83017,180383,820358,080