TTD Options History — May 2022

In May 2022, TTD traded between $42.71 and $62.06. ATM implied volatility averaged 93.2%, placing in the 70.4% IV rank vs the trailing year. The 30-day expected move averaged 27.3%. IV traded below realized volatility by 7.4% (HV 20d: 100.6%). Max pain ranged from $55.00 to $68.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.10.

Notable Days

2022-05-10: Highest Volume — 137,114 contracts
2022-05-11: Largest IV drop — 18.2% change
2022-05-05: Highest IV Rank — 100.0%
2022-05-10: Largest Expected Move — 35.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.94	$42.71	$62.06	$61.32	$52.07
Max Pain	$61.67	$55.00	$68.00	$67.00	$56.00
ATM IV	93.2%	77.6%	119.9%	98.9%	79.3%
Expected Move	27.3%	22.5%	35.1%	32.4%	24.2%
HV 20d	100.6%	67.2%	126.5%	70.6%	125.6%
HV 60d	91.0%	80.0%	101.0%	82.9%	100.7%
IV Rank	70.4%	45.0%	100.0%	93.3%	47.2%
IV Percentile	91.3%	77.8%	100.0%	99.2%	77.8%
Term Structure	-1.8%	-5.2%	2.1%	-3.7%	-0.6%
VWIV	96.1%	80.7%	122.3%	122.3%	84.7%
Skew 25d	13.5%	10.3%	19.6%	18.6%	11.5%
Skew 10d	27.0%	21.7%	34.0%	33.7%	24.2%
Call IV 25d	87.5%	73.3%	116.9%	88.6%	74.7%
Put IV 25d	101.0%	83.6%	136.5%	107.2%	86.1%
Bid-Ask Spread %	9.02	3.47	17.48	6.26	5.44
Gamma HHI	0.05	0.03	0.15	0.04	0.03
Net GEX	-582.6K	-3.6M	2.5M	-262.3K	621.9K
Net DEX	82.9M	-83.1M	269.3M	-62.4M	1.5M
Net VEX	-2.7M	-3.2M	-2.1M	-3.2M	-2.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.38	2.91	1.88	0.80
Total Volume	52,232.714	25,780	137,114	36,704	32,254
Total OI	382,504.381	325,541	449,965	325,541	390,330

Daily Data (21 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
2022-05-02	$61.32	$67.00	98.9%	32.4%	70.6%	93.3%	122.3%	18.6%	-3.7%	-262.3K	-62.4M	-3.2M	1.88	6.26	N/A	N/A	12,743	23,961	170,434	155,107
2022-05-03	$60.01	$66.00	99.3%	32.7%	67.2%	93.8%	117.1%	16.3%	-3.6%	-602.9K	-32.3M	-3.1M	1.64	5.20	N/A	N/A	10,285	16,872	174,097	159,874
2022-05-04	$62.06	$66.00	94.7%	31.6%	67.6%	86.3%	114.9%	13.5%	-3.7%	193.9K	-83.1M	-3.2M	1.01	7.76	N/A	N/A	15,644	15,777	176,089	165,619
2022-05-05	$54.05	$68.00	104.5%	27.6%	81.0%	100.0%	94.0%	10.6%	-3.8%	-2.2M	100.4M	-2.8M	0.56	13.99	N/A	N/A	30,057	16,940	180,346	167,445
2022-05-06	$48.76	$66.00	107.3%	28.7%	86.6%	100.0%	99.8%	11.8%	-5.2%	-2.4M	197.4M	-2.6M	0.84	11.87	N/A	N/A	22,827	19,088	193,056	171,418
2022-05-09	$44.46	$66.00	111.7%	30.4%	90.5%	100.0%	104.7%	14.7%	-3.7%	-1.8M	225.8M	-2.2M	0.54	9.17	N/A	N/A	28,658	15,379	181,130	163,698
2022-05-10	$43.30	$65.00	119.9%	35.1%	90.5%	100.0%	120.7%	19.6%	0.0%	-1.2M	206.3M	-2.3M	2.06	8.66	N/A	N/A	44,789	92,325	191,961	167,254
2022-05-11	$42.71	$64.00	98.1%	28.5%	90.6%	71.7%	103.4%	15.0%	2.1%	-3.6M	269.3M	-2.1M	2.77	8.08	N/A	N/A	30,207	83,636	212,110	220,697
2022-05-12	$44.37	$62.00	100.7%	28.6%	91.9%	75.0%	100.3%	14.2%	-0.8%	-3.1M	218.6M	-2.3M	2.91	10.93	N/A	N/A	24,486	71,165	218,877	231,088
2022-05-13	$51.78	$62.00	87.9%	24.9%	110.3%	58.4%	87.9%	12.4%	-1.7%	1.2M	27.7M	-2.7M	0.76	7.11	N/A	N/A	29,468	22,444	223,688	208,493
2022-05-16	$50.99	$60.00	87.2%	25.0%	109.7%	57.5%	86.1%	11.6%	-1.9%	-482.0K	84.9M	-2.6M	0.78	8.00	N/A	N/A	21,055	16,410	204,458	174,869
2022-05-17	$53.13	$60.00	81.9%	23.5%	105.7%	50.6%	84.3%	12.3%	-1.1%	125.1K	41.2M	-2.8M	0.86	17.48	N/A	N/A	13,861	11,919	209,075	178,821
2022-05-18	$50.82	$60.00	89.5%	25.7%	106.2%	60.5%	89.0%	14.5%	-3.2%	-592.3K	96.0M	-2.7M	0.92	9.69	N/A	N/A	15,036	13,758	212,046	181,030
2022-05-19	$54.14	$60.00	83.6%	24.0%	108.4%	52.8%	83.8%	11.2%	-1.6%	612.1K	11.0M	-2.8M	0.77	8.44	N/A	N/A	24,458	18,776	214,168	183,327
2022-05-20	$52.28	$60.00	85.9%	24.8%	107.3%	55.7%	86.2%	13.6%	-1.9%	379.2K	73.5M	-2.8M	1.03	15.74	N/A	N/A	17,404	17,861	220,623	189,245
2022-05-23	$52.06	$60.00	81.9%	23.8%	105.6%	50.6%	83.4%	11.6%	-0.7%	-222.4K	58.7M	-2.7M	0.87	6.51	N/A	N/A	14,186	12,385	189,007	166,870
2022-05-24	$43.38	$60.00	95.0%	28.2%	121.9%	67.6%	97.2%	14.7%	-2.4%	-1.9M	217.3M	-2.2M	0.67	7.71	N/A	N/A	47,035	31,306	194,351	169,759
2022-05-25	$46.26	$56.00	89.7%	26.6%	124.4%	60.7%	91.9%	14.0%	0.3%	-486.6K	125.6M	-2.5M	0.62	8.69	N/A	N/A	29,285	18,271	214,123	180,907
2022-05-26	$49.44	$55.00	82.7%	24.2%	124.5%	51.6%	86.5%	11.9%	-0.1%	904.6K	31.8M	-2.7M	0.38	9.17	N/A	N/A	49,912	18,834	220,333	186,243
2022-05-27	$52.32	$56.00	77.6%	22.5%	126.5%	45.0%	80.7%	10.3%	-0.7%	2.5M	-69.3M	-2.9M	0.48	3.47	N/A	N/A	31,206	14,924	227,629	192,897
2022-05-31	$52.07	$56.00	79.3%	24.2%	125.6%	47.2%	84.7%	11.5%	-0.6%	621.9K	1.5M	-2.8M	0.80	5.44	N/A	N/A	17,903	14,351	206,427	183,903