TTD Options History — May 2021

In May 2021, TTD traded between $49.37 and $70.55. ATM implied volatility averaged 55.9%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded below realized volatility by 44.8% (HV 20d: 100.7%). Max pain ranged from $51.50 to $70.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2021-05-10: Highest Volume — 638,550 contracts
  • 2021-05-07: Largest IV drop — 12.9% change
  • 2021-05-06: Highest IV Rank — 48.2%
  • 2021-05-04: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.45$49.37$70.55$70.55$58.78
Max Pain$56.85$51.50$70.00$70.00$51.50
ATM IV55.9%45.3%69.1%61.4%46.5%
Expected Move16.3%12.9%22.3%19.8%12.9%
HV 20d100.7%35.1%122.8%35.1%122.8%
HV 60d83.5%64.0%91.5%64.0%82.8%
IV Rank20.0%0.0%48.2%26.6%2.8%
IV Percentile31.5%0.0%74.2%53.6%0.8%
Term Structure-0.0%-2.8%2.4%-1.3%0.5%
VWIV58.5%46.6%81.9%70.1%46.6%
Skew 25d1.3%-2.5%6.5%4.8%3.0%
Skew 10d1.4%-5.9%16.5%4.4%1.5%
Call IV 25d56.7%46.6%66.3%60.3%46.6%
Put IV 25d58.0%48.0%71.4%65.1%49.7%
Bid-Ask Spread %54.1143.5661.8151.3157.60
Gamma HHI0.080.030.300.070.20
Net GEX10.5M-7.3M37.1M9.9M37.1M
Net DEX-97.7M-825.8M569.5M-512.1M-825.8M
Net VEX-5.3M-6.0M-3.6M-5.6M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.301.380.500.44
Total Volume184,176.550,400638,55050,400159,790
Total OI927,302.5670,6001,179,930670,6001,029,510

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$70.55$70.0061.4%19.8%35.1%26.6%70.1%4.8%-1.3%9.9M-512.1M-5.6M0.5051.31N/AN/A33,69016,710341,290329,310
2021-05-04$66.07$70.0069.1%22.3%41.2%41.8%81.9%3.9%-2.5%550.6K-167.5M-5.3M0.8949.89N/AN/A54,31048,560351,740337,210
2021-05-05$64.31$70.0065.1%21.5%42.1%35.5%77.3%4.5%-2.6%-992.3K-24.4M-5.2M0.9055.71N/AN/A38,79034,950369,790352,820
2021-05-06$60.63$69.5068.5%18.6%45.8%48.2%63.6%6.5%-2.8%-6.6M239.1M-4.9M1.3846.52N/AN/A42,88059,120385,800367,560
2021-05-07$66.15$65.0059.7%16.1%56.6%30.1%57.0%2.0%-1.2%2.0M-168.4M-5.3M0.5856.95N/AN/A80,77046,970402,000370,740
2021-05-10$49.37$65.0062.2%17.6%116.9%36.4%63.8%-0.3%-0.2%-7.3M569.5M-3.6M0.7253.86N/AN/A371,760266,790361,100336,210
2021-05-11$51.28$55.0059.0%16.8%117.5%28.2%61.1%-0.4%-0.8%-2.0M418.3M-4.9M0.4543.56N/AN/A272,120122,890559,800433,850
2021-05-12$50.63$53.0063.2%17.3%117.5%39.0%62.5%3.6%-1.7%455.1K390.0M-5.1M0.3245.12N/AN/A175,55056,810650,880465,800
2021-05-13$49.73$52.0058.6%16.8%116.4%27.2%59.9%-0.3%0.5%-6.1M495.4M-4.9M0.3760.91N/AN/A119,91044,600671,890478,630
2021-05-14$51.79$52.0052.6%15.3%118.3%12.1%54.2%3.3%1.5%23.1M280.1M-4.9M0.4655.32N/AN/A169,62078,090697,100482,830
2021-05-17$50.68$52.0054.7%15.6%118.1%17.3%54.7%-0.7%0.5%4.7M305.4M-4.8M0.8353.70N/AN/A129,580107,670559,790387,300
2021-05-18$51.30$51.5052.9%15.2%118.5%12.9%54.8%-2.5%1.0%7.6M79.7M-5.4M0.4154.96N/AN/A60,57024,640574,780407,820
2021-05-19$50.48$51.5054.3%15.6%117.5%16.4%56.5%-2.2%1.3%5.4M135.3M-5.4M0.4156.17N/AN/A60,69024,930589,870417,470
2021-05-20$54.46$51.5053.2%15.2%122.0%13.4%54.2%-1.1%2.0%22.4M-350.0M-5.7M0.3155.45N/AN/A177,03054,380603,910420,880
2021-05-21$53.92$51.5051.6%14.8%121.0%9.4%53.1%-0.0%-2.0%17.7M-283.5M-5.7M0.4759.13N/AN/A113,68053,030633,680435,160
2021-05-24$55.88$51.5047.5%14.1%121.3%0.0%50.8%0.0%1.5%18.2M-477.7M-5.8M0.5352.45N/AN/A67,16035,380515,820365,120
2021-05-25$56.18$51.5046.1%13.6%121.2%0.0%48.8%-0.3%2.4%20.9M-494.5M-5.7M0.5661.81N/AN/A62,26035,100536,210378,740
2021-05-26$58.30$51.5047.0%13.6%122.6%2.2%49.8%0.6%2.2%27.3M-761.4M-5.9M0.3059.18N/AN/A174,48051,900547,200394,140
2021-05-27$58.48$51.5045.3%13.4%122.6%0.0%48.3%1.4%1.1%35.7M-801.8M-6.0M0.4552.54N/AN/A107,71048,660584,780417,520
2021-05-28$58.78$51.5046.5%12.9%122.8%2.8%46.6%3.0%0.5%37.1M-825.8M-6.0M0.4457.60N/AN/A111,03048,760596,280433,230