TTD Options History — November 2023

In November 2023, TTD traded between $63.31 and $79.45. ATM implied volatility averaged 46.2%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 30.4% (HV 20d: 76.7%). Max pain ranged from $65.00 to $77.50. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.97.

Notable Days

  • 2023-11-10: Highest Volume — 235,658 contracts
  • 2023-11-10: Largest IV drop — 31.4% change
  • 2023-11-01: Highest IV Rank — 48.0%
  • 2023-11-01: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.46$63.31$79.45$71.05$70.56
Max Pain$66.88$65.00$77.50$77.50$67.00
ATM IV46.2%33.6%68.8%68.8%35.7%
Expected Move13.2%9.6%24.8%24.8%10.9%
HV 20d76.7%55.8%89.3%55.8%79.6%
HV 60d54.7%45.2%60.1%45.2%58.9%
IV Rank17.9%0.0%48.0%48.0%4.7%
IV Percentile28.3%0.0%83.7%83.7%3.6%
Term Structure-1.4%-4.3%0.4%-3.8%-0.1%
VWIV46.5%33.9%88.3%88.3%38.4%
Skew 25d3.2%0.9%6.7%6.2%1.1%
Skew 10d6.5%1.9%12.6%12.6%2.5%
Call IV 25d45.1%33.3%66.1%65.7%35.8%
Put IV 25d48.4%35.0%72.8%71.8%36.9%
Bid-Ask Spread %16.385.8532.406.767.36
Gamma HHI0.100.050.420.060.07
Net GEX-490.8K-15.6M7.8M-1.4M7.8M
Net DEX-33.8M-253.6M490.5M10.4M-174.7M
Net VEX-2.7M-3.0M-2.2M-2.7M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.402.292.290.40
Total Volume41,786.2389,792235,65826,33024,753
Total OI295,089.571251,130359,273252,663285,911

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$71.05$77.5068.8%24.8%55.8%48.0%88.3%6.2%-3.8%-1.4M10.4M-2.7M2.296.76N/AN/A8,00218,328125,940126,723
2023-11-02$75.81$65.0068.5%17.8%61.0%47.5%62.2%6.7%-4.1%1.7M-131.1M-2.9M0.8726.69N/AN/A12,75711,144131,050137,885
2023-11-03$79.45$65.0065.4%17.0%60.3%43.2%60.0%6.2%-4.1%4.6M-253.6M-3.0M0.4325.06N/AN/A14,7116,266136,519143,664
2023-11-06$77.48$70.0066.3%17.7%60.3%44.5%61.8%5.9%-3.6%170.2K-139.7M-2.9M1.5620.57N/AN/A10,34016,159122,819128,311
2023-11-07$78.03$70.0065.1%17.6%60.1%42.7%61.4%4.7%-3.2%-604.9K-141.4M-3.0M0.8429.24N/AN/A9,8908,297129,259140,819
2023-11-08$78.60$70.0064.5%17.4%60.3%42.0%61.2%5.2%-4.0%199.9K-169.2M-3.0M0.7926.99N/AN/A9,2437,327135,346146,091
2023-11-09$76.63$70.0062.9%17.0%60.8%39.6%60.1%5.0%-4.3%-1.1M-100.3M-2.9M1.4116.37N/AN/A41,77158,716139,881149,902
2023-11-10$64.05$70.0043.1%12.3%85.3%19.2%43.1%3.6%-0.4%-15.6M490.5M-2.2M1.0627.53N/AN/A114,403121,255168,401182,467
2023-11-13$63.31$65.0040.6%11.7%84.9%13.4%40.5%3.7%-0.5%-4.5M244.1M-2.4M1.0932.40N/AN/A30,75433,599167,484151,680
2023-11-14$67.66$65.0036.3%10.4%89.3%3.6%37.1%2.7%0.2%1.0M-38.4M-2.6M0.7931.48N/AN/A47,08337,177177,682152,127
2023-11-15$68.26$65.0037.4%10.7%88.6%6.2%38.3%2.4%-0.0%-2.7M-17.9M-2.7M0.739.78N/AN/A22,48416,349180,402170,909
2023-11-16$66.34$65.0036.6%10.5%89.0%4.4%37.1%2.6%0.4%-8.0M84.6M-2.6M0.979.70N/AN/A11,23810,873186,940172,204
2023-11-17$66.27$65.0035.8%10.2%88.9%2.4%36.2%2.0%0.1%-12.1M60.3M-2.6M1.338.05N/AN/A15,53420,738189,481169,792
2023-11-20$67.33$65.0035.6%10.1%89.2%2.0%35.5%1.8%-0.3%1.4M-15.0M-2.6M0.6411.71N/AN/A12,1557,754145,116125,988
2023-11-21$65.98$65.0035.2%10.1%88.4%1.1%36.1%1.6%-0.6%-545.7K28.5M-2.6M1.999.19N/AN/A8,05616,034150,718126,978
2023-11-22$67.10$65.0034.3%9.7%86.3%0.0%34.4%1.6%-0.4%803.1K-26.1M-2.6M0.865.85N/AN/A10,9859,404153,669129,365
2023-11-24$67.23$65.0033.6%9.6%80.4%0.0%33.9%1.8%-0.2%1.8M-34.0M-2.6M0.5313.35N/AN/A6,4203,372158,851131,109
2023-11-27$69.40$65.0035.4%10.5%81.0%4.0%37.3%0.9%-0.1%4.4M-124.8M-2.7M0.496.85N/AN/A20,29310,028143,250123,657
2023-11-28$68.90$65.0034.4%10.3%80.9%1.9%36.4%1.0%0.0%4.9M-98.3M-2.7M0.8210.43N/AN/A6,6595,494150,031127,517
2023-11-29$70.13$65.0035.6%10.8%79.5%4.5%37.9%0.9%-0.2%7.4M-164.3M-2.7M0.478.59N/AN/A14,7516,915152,221128,722
2023-11-30$70.56$67.0035.7%10.9%79.6%4.7%38.4%1.1%-0.1%7.8M-174.7M-2.8M0.407.36N/AN/A17,7437,010154,698131,213