TTD Options History — July 2022

In July 2022, TTD traded between $41.06 and $50.95. ATM implied volatility averaged 88.0%, placing in the 58.5% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 9.1% (HV 20d: 78.9%). Max pain ranged from $49.00 to $50.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.85.

Notable Days

2022-07-29: Highest Volume — 63,114 contracts
2022-07-11: Largest IV spike — 15.0% change
2022-07-26: Highest IV Rank — 70.9%
2022-07-26: Largest Expected Move — 29.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.07	$41.06	$50.95	$41.69	$44.32
Max Pain	$49.60	$49.00	$50.00	$50.00	$49.00
ATM IV	88.0%	76.3%	97.5%	81.8%	86.8%
Expected Move	25.7%	22.1%	29.2%	22.1%	26.5%
HV 20d	78.9%	69.2%	86.4%	78.8%	86.4%
HV 60d	95.2%	92.9%	98.5%	92.9%	98.5%
IV Rank	58.5%	43.3%	70.9%	50.5%	57.0%
IV Percentile	84.8%	68.7%	96.0%	80.6%	80.6%
Term Structure	-0.5%	-4.0%	8.2%	1.8%	-3.1%
VWIV	89.2%	76.9%	100.2%	76.9%	92.9%
Skew 25d	12.5%	9.9%	15.9%	12.6%	12.4%
Skew 10d	24.0%	18.3%	30.1%	22.5%	24.4%
Call IV 25d	81.8%	70.5%	91.1%	76.2%	81.6%
Put IV 25d	94.3%	81.3%	104.0%	88.8%	94.0%
Bid-Ask Spread %	6.77	3.01	15.28	4.32	4.22
Gamma HHI	0.05	0.03	0.07	0.07	0.05
Net GEX	64.9K	-2.8M	4.4M	-1.6M	-165.7K
Net DEX	67.8M	-126.0M	184.8M	163.3M	152.6M
Net VEX	-2.2M	-2.5M	-1.9M	-1.9M	-2.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.34	1.67	0.87	0.98
Total Volume	40,074.9	21,358	63,114	26,356	63,114
Total OI	332,014.8	302,285	375,663	319,568	375,663

Daily Data (20 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
2022-07-01	$41.69	$50.00	81.8%	22.1%	78.8%	50.5%	76.9%	12.6%	1.8%	-1.6M	163.3M	-1.9M	0.87	4.32	N/A	N/A	14,108	12,248	176,497	143,071
2022-07-05	$44.35	$50.00	81.4%	25.0%	80.8%	49.9%	86.9%	12.3%	7.9%	-906.4K	98.9M	-2.1M	0.86	5.92	N/A	N/A	16,265	13,968	165,101	137,184
2022-07-06	$43.28	$50.00	82.4%	24.9%	79.6%	51.2%	83.5%	10.3%	7.3%	-929.9K	115.3M	-2.0M	1.07	7.74	N/A	N/A	10,337	11,021	169,747	141,119
2022-07-07	$45.46	$50.00	78.3%	24.2%	82.2%	45.8%	82.3%	10.3%	6.3%	415.0K	72.1M	-2.1M	1.24	12.49	N/A	N/A	14,210	17,587	171,963	144,791
2022-07-08	$45.64	$50.00	76.3%	24.2%	80.9%	43.3%	81.0%	11.1%	8.2%	-742.4K	69.5M	-2.2M	0.61	9.82	N/A	N/A	15,398	9,431	175,797	152,973
2022-07-11	$43.33	$50.00	87.7%	25.0%	81.9%	58.1%	86.7%	12.0%	-2.6%	-1.2M	124.9M	-2.0M	0.35	10.16	N/A	N/A	25,436	8,873	167,618	148,605
2022-07-12	$44.78	$50.00	89.3%	25.7%	79.9%	60.2%	95.6%	12.4%	-1.1%	-412.8K	92.6M	-2.1M	0.44	13.03	N/A	N/A	35,661	15,754	176,901	150,693
2022-07-13	$44.18	$50.00	92.7%	25.9%	74.6%	64.7%	90.4%	13.7%	-2.8%	-571.0K	106.5M	-2.1M	0.57	15.28	N/A	N/A	29,527	16,908	185,388	158,424
2022-07-14	$41.06	$50.00	97.3%	27.4%	78.8%	70.6%	90.6%	12.9%	-2.6%	-2.8M	184.8M	-1.9M	0.58	7.36	N/A	N/A	35,052	20,415	189,143	162,961
2022-07-15	$42.96	$50.00	92.2%	25.5%	76.8%	64.0%	90.4%	14.0%	-3.6%	-371.2K	126.9M	-2.1M	0.67	10.39	N/A	N/A	22,242	14,852	202,603	170,130
2022-07-18	$43.42	$50.00	94.4%	26.8%	69.2%	66.9%	90.0%	15.9%	-3.2%	-39.3K	74.4M	-2.1M	0.48	4.98	N/A	N/A	19,313	9,263	161,007	145,683
2022-07-19	$45.92	$50.00	89.6%	25.6%	70.5%	60.6%	87.1%	15.6%	-1.8%	1.4M	19.8M	-2.3M	0.59	3.01	N/A	N/A	18,618	10,994	166,648	149,804
2022-07-20	$49.98	$49.00	87.9%	25.2%	76.1%	58.4%	88.3%	12.2%	-2.4%	4.2M	-108.0M	-2.5M	0.61	3.46	N/A	N/A	28,073	17,075	172,348	154,037
2022-07-21	$50.95	$49.00	86.7%	25.0%	74.4%	56.8%	90.1%	11.8%	-2.2%	4.4M	-126.0M	-2.5M	1.28	4.27	N/A	N/A	20,015	25,712	175,834	159,534
2022-07-22	$47.39	$49.00	89.3%	25.9%	77.4%	60.2%	90.3%	12.8%	-4.0%	255.0K	21.1M	-2.3M	1.36	3.76	N/A	N/A	26,208	35,568	183,357	173,418
2022-07-25	$46.37	$49.00	91.0%	26.6%	76.6%	62.4%	93.2%	13.1%	-3.3%	-183.5K	42.4M	-2.3M	1.46	4.13	N/A	N/A	9,524	13,937	161,281	156,519
2022-07-26	$42.42	$49.00	97.5%	29.2%	82.3%	70.9%	100.2%	11.4%	-3.4%	-1.8M	124.8M	-2.1M	0.92	3.35	N/A	N/A	24,521	22,670	163,142	159,975
2022-07-27	$47.08	$49.00	89.7%	27.0%	85.3%	60.7%	94.0%	9.9%	-2.7%	1.2M	-8.5M	-2.4M	0.34	3.40	N/A	N/A	40,566	13,747	175,647	164,985
2022-07-28	$46.74	$49.00	87.7%	26.7%	84.9%	58.2%	92.9%	13.0%	-2.9%	1.3M	7.8M	-2.3M	1.67	4.40	N/A	N/A	16,233	27,054	184,125	166,580
2022-07-29	$44.32	$49.00	86.8%	26.5%	86.4%	57.0%	92.9%	12.4%	-3.1%	-165.7K	152.6M	-2.2M	0.98	4.22	N/A	N/A	31,811	31,303	190,068	185,595