TTD Options History — March 2022

In March 2022, TTD traded between $52.34 and $82.60. ATM implied volatility averaged 70.4%, placing in the 51.3% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded below realized volatility by 22.8% (HV 20d: 93.1%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.78.

Notable Days

2022-03-18: Highest Volume — 58,537 contracts
2022-03-07: Largest IV spike — 9.8% change
2022-03-14: Highest IV Rank — 84.5%
2022-03-08: Largest Expected Move — 26.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.52	$52.34	$82.60	$81.93	$69.84
Max Pain	$74.17	$70.00	$80.00	$80.00	$70.00
ATM IV	70.4%	58.6%	88.0%	70.9%	61.7%
Expected Move	21.8%	19.0%	26.2%	21.1%	19.9%
HV 20d	93.1%	72.8%	107.0%	73.1%	104.0%
HV 60d	81.1%	70.2%	87.9%	72.1%	87.4%
IV Rank	51.3%	29.3%	84.5%	52.3%	34.9%
IV Percentile	81.2%	50.0%	95.6%	90.1%	63.5%
Term Structure	-0.5%	-3.3%	1.8%	-0.4%	1.7%
VWIV	76.1%	66.4%	92.0%	73.6%	69.7%
Skew 25d	9.6%	7.4%	12.0%	9.6%	8.8%
Skew 10d	20.7%	16.3%	26.3%	20.2%	16.7%
Call IV 25d	66.8%	55.6%	81.4%	67.0%	57.8%
Put IV 25d	76.4%	64.7%	93.2%	76.5%	66.5%
Bid-Ask Spread %	12.41	4.76	19.52	10.74	19.52
Gamma HHI	0.05	0.04	0.07	0.05	0.05
Net GEX	1.9M	-1.9M	6.3M	5.5M	3.0M
Net DEX	-151.7M	-481.7M	185.2M	-475.5M	-243.7M
Net VEX	-3.6M	-4.1M	-2.8M	-4.1M	-3.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.39	1.71	0.84	1.06
Total Volume	37,561.174	24,422	58,537	25,921	24,422
Total OI	333,121.826	303,474	368,795	307,478	349,212

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$81.93	$80.00	70.9%	21.1%	73.1%	52.3%	73.6%	9.6%	-0.4%	5.5M	-475.5M	-4.1M	0.84	10.74	N/A	N/A	14,097	11,824	171,502	135,976
2022-03-02	$82.60	$80.00	65.3%	19.0%	72.8%	41.7%	66.4%	9.7%	-0.3%	6.3M	-481.7M	-4.1M	0.55	8.88	N/A	N/A	17,454	9,588	173,929	138,723
2022-03-03	$78.78	$80.00	70.0%	20.7%	75.1%	50.5%	74.2%	9.0%	-0.7%	4.0M	-360.7M	-4.0M	0.95	6.78	N/A	N/A	13,680	12,952	176,472	140,130
2022-03-04	$75.35	$80.00	74.0%	21.4%	73.4%	58.0%	73.8%	9.5%	-0.4%	814.7K	-240.4M	-3.9M	0.65	6.44	N/A	N/A	20,136	13,060	178,038	142,674
2022-03-07	$66.58	$80.00	81.2%	25.4%	77.7%	71.6%	84.5%	11.6%	-0.2%	-809.9K	-43.3M	-3.5M	0.97	6.24	N/A	N/A	21,395	20,833	165,558	137,916
2022-03-08	$61.68	$80.00	80.8%	26.2%	81.6%	70.8%	92.0%	7.4%	-1.7%	-1.5M	63.5M	-3.3M	0.51	5.33	N/A	N/A	27,313	13,873	171,240	143,466
2022-03-09	$66.57	$80.00	73.4%	22.8%	85.7%	57.0%	79.9%	10.2%	-0.8%	-210.2K	-41.6M	-3.5M	0.47	13.05	N/A	N/A	17,956	8,421	175,327	145,136
2022-03-10	$63.26	$79.00	75.3%	23.2%	85.3%	60.6%	82.9%	9.9%	-1.7%	-1.5M	36.9M	-3.4M	1.71	5.79	N/A	N/A	15,892	27,172	178,269	146,015
2022-03-11	$57.15	$77.00	81.9%	25.7%	89.3%	72.9%	90.2%	12.0%	0.1%	-1.9M	163.3M	-3.0M	1.09	4.76	N/A	N/A	22,761	24,865	181,999	151,209
2022-03-14	$52.34	$75.00	88.0%	25.3%	90.5%	84.5%	84.6%	11.9%	-3.3%	-1.3M	185.2M	-2.8M	0.69	8.58	N/A	N/A	30,318	21,068	176,068	147,293
2022-03-15	$53.99	$75.00	80.5%	24.0%	91.6%	70.3%	81.0%	10.9%	-1.2%	-911.7K	154.9M	-3.0M	0.48	13.21	N/A	N/A	24,882	11,913	188,066	153,897
2022-03-16	$59.97	$70.00	74.8%	22.9%	99.5%	59.7%	81.0%	8.5%	-1.4%	693.5K	8.1M	-3.4M	0.54	13.81	N/A	N/A	30,194	16,348	200,852	156,030
2022-03-17	$65.26	$70.00	70.9%	21.9%	105.4%	52.2%	75.7%	10.7%	-1.5%	2.2M	-134.1M	-3.6M	0.49	13.23	N/A	N/A	31,959	15,691	205,166	158,441
2022-03-18	$67.99	$70.00	66.0%	20.7%	106.9%	43.1%	68.9%	11.5%	0.8%	4.8M	-224.8M	-3.7M	0.39	15.10	N/A	N/A	42,252	16,285	207,348	161,447
2022-03-21	$66.71	$70.00	68.6%	21.4%	107.0%	47.9%	77.5%	10.7%	-1.7%	2.5M	-184.2M	-3.6M	1.19	13.91	N/A	N/A	14,056	16,742	179,631	142,824
2022-03-22	$68.31	$70.00	62.2%	19.6%	106.7%	36.0%	72.3%	8.6%	-0.5%	3.1M	-219.9M	-3.6M	1.21	16.36	N/A	N/A	15,491	18,709	183,617	149,669
2022-03-23	$67.30	$70.00	64.0%	20.7%	106.8%	39.4%	71.3%	8.3%	-1.1%	2.8M	-191.0M	-3.6M	1.01	18.37	N/A	N/A	18,498	18,632	187,022	151,993
2022-03-24	$68.34	$70.00	63.3%	19.9%	98.9%	38.0%	69.7%	8.5%	-0.6%	3.9M	-218.9M	-3.6M	0.91	17.57	N/A	N/A	18,577	16,814	190,272	153,825
2022-03-25	$65.39	$70.00	63.8%	20.5%	99.3%	39.0%	70.7%	8.5%	0.6%	982.4K	-121.9M	-3.5M	0.59	17.99	N/A	N/A	25,730	15,101	192,841	155,600
2022-03-28	$68.72	$70.00	62.7%	20.1%	101.4%	36.9%	71.3%	8.9%	-1.1%	2.9M	-228.9M	-3.6M	0.61	15.66	N/A	N/A	21,338	12,940	180,495	150,626
2022-03-29	$73.58	$70.00	58.6%	19.2%	104.7%	29.3%	67.9%	9.1%	1.8%	5.2M	-393.5M	-3.7M	0.55	15.78	N/A	N/A	30,215	16,480	185,078	155,176
2022-03-30	$71.28	$70.00	60.4%	19.9%	105.0%	32.6%	70.9%	8.2%	1.1%	3.8M	-295.9M	-3.7M	0.61	18.27	N/A	N/A	16,175	9,805	186,203	159,531
2022-03-31	$69.84	$70.00	61.7%	19.9%	104.0%	34.9%	69.7%	8.8%	1.7%	3.0M	-243.7M	-3.6M	1.06	19.52	N/A	N/A	11,883	12,539	188,449	160,763