TTD Options History — December 2023

In December 2023, TTD traded between $68.36 and $77.38. ATM implied volatility averaged 36.8%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 8.4% (HV 20d: 45.2%). Max pain ranged from $67.50 to $70.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2023-12-14: Highest Volume — 43,439 contracts
  • 2023-12-20: Largest IV spike — 5.5% change
  • 2023-12-26: Highest IV Rank — 13.9%
  • 2023-12-01: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$72.83$68.36$77.38$71.77$72.03
Max Pain$68.50$67.50$70.00$67.50$70.00
ATM IV36.8%34.9%39.9%36.1%38.4%
Expected Move10.6%10.1%11.3%11.3%10.4%
HV 20d45.2%30.1%76.1%76.1%33.4%
HV 60d59.1%58.5%59.5%59.0%58.5%
IV Rank7.1%3.0%13.9%5.7%10.7%
IV Percentile11.9%1.6%26.2%6.0%23.4%
Term Structure0.5%-0.3%1.2%-0.1%0.7%
VWIV37.4%35.6%40.1%39.8%37.2%
Skew 25d0.4%-0.2%1.4%0.3%0.9%
Skew 10d1.1%-0.4%3.2%1.6%0.1%
Call IV 25d37.3%35.4%40.2%36.8%38.5%
Put IV 25d37.7%36.1%40.8%37.0%39.4%
Bid-Ask Spread %4.913.076.986.765.85
Gamma HHI0.080.050.280.070.12
Net GEX6.6M-1.3M15.5M10.6M-1.3M
Net DEX-210.3M-396.7M-46.3M-244.8M-127.8M
Net VEX-2.8M-2.9M-2.7M-2.8M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.270.860.430.86
Total Volume21,048.58,64843,43939,20620,934
Total OI281,414.15252,270297,480294,868286,407

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$71.77$67.5036.1%11.3%76.1%5.7%39.8%0.3%-0.1%10.6M-244.8M-2.8M0.436.76N/AN/A27,47511,731160,743134,125
2023-12-04$68.82$67.5036.8%10.5%75.0%7.2%36.8%1.3%0.2%2.4M-67.9M-2.7M0.433.12N/AN/A20,4298,756151,931124,979
2023-12-05$68.36$67.5036.2%10.6%74.7%5.9%36.6%1.1%0.8%1.1M-46.3M-2.7M0.273.96N/AN/A10,8382,920154,389128,335
2023-12-06$68.56$67.5035.7%10.6%74.6%4.8%37.1%0.8%1.1%2.7M-64.9M-2.7M0.504.37N/AN/A8,1724,047159,803129,062
2023-12-07$68.57$67.5035.8%10.5%74.4%4.9%36.8%1.4%0.6%1.6M-58.0M-2.7M0.464.12N/AN/A5,9182,730161,210130,907
2023-12-08$70.46$67.5035.4%10.4%75.0%4.2%37.7%0.7%0.3%9.9M-162.9M-2.7M0.474.74N/AN/A15,3757,279162,827131,291
2023-12-11$71.63$67.5035.8%10.4%37.0%4.9%36.6%0.7%0.3%6.8M-197.3M-2.7M0.343.36N/AN/A13,3354,598149,664127,021
2023-12-12$71.41$67.5035.3%10.2%36.5%3.8%36.0%0.6%0.0%7.7M-184.7M-2.7M0.603.94N/AN/A7,3224,418152,973127,869
2023-12-13$74.37$67.5034.9%10.1%31.7%3.0%35.6%0.6%-0.0%12.4M-332.4M-2.8M0.376.05N/AN/A14,8065,478155,363129,640
2023-12-14$75.61$67.5036.1%10.3%32.0%5.6%36.9%-0.1%-0.1%12.6M-396.7M-2.8M0.565.70N/AN/A27,75815,681156,317130,627
2023-12-15$74.72$67.5035.8%10.3%30.1%5.0%36.5%-0.2%-0.3%15.5M-331.2M-2.8M0.396.98N/AN/A13,7625,389160,440137,040
2023-12-18$75.70$67.5036.0%10.3%30.1%5.4%37.0%-0.2%1.2%5.2M-261.4M-2.8M0.413.14N/AN/A18,2607,572134,833117,437
2023-12-19$77.38$70.0035.7%10.2%30.4%4.8%36.3%-0.2%1.1%10.2M-350.1M-2.9M0.583.07N/AN/A13,2247,619146,625120,045
2023-12-20$75.91$70.0037.7%10.8%30.3%9.2%38.4%0.1%1.0%7.7M-288.1M-2.9M0.594.93N/AN/A12,9417,641149,247122,162
2023-12-21$76.56$70.0037.6%10.8%30.1%9.1%38.1%-0.1%0.5%8.9M-313.5M-2.9M0.464.93N/AN/A10,0024,631152,535124,457
2023-12-22$73.50$70.0038.0%10.8%34.5%9.8%38.2%-0.1%0.8%1.6M-171.2M-2.8M0.455.29N/AN/A26,10411,749156,105126,859
2023-12-26$73.66$70.0039.9%11.3%32.9%13.9%40.1%0.6%0.2%4.2M-191.0M-2.9M0.366.12N/AN/A14,2225,169149,076122,564
2023-12-27$74.05$70.0039.2%11.0%32.7%12.4%39.3%0.4%0.7%6.7M-218.7M-2.9M0.435.61N/AN/A8,6173,664155,527124,683
2023-12-28$73.52$70.0038.8%10.7%32.5%11.5%38.0%0.3%1.0%6.1M-197.0M-2.8M0.456.15N/AN/A7,1983,206158,043125,122
2023-12-29$72.03$70.0038.4%10.4%33.4%10.7%37.2%0.9%0.7%-1.3M-127.8M-2.8M0.865.85N/AN/A11,2579,677160,178126,229