TTD Options History — January 2024

In January 2024, TTD traded between $63.66 and $71.31. ATM implied volatility averaged 55.0%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 23.0% (HV 20d: 32.0%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-01-17: Highest Volume — 37,514 contracts
  • 2024-01-16: Largest IV spike — 32.5% change
  • 2024-01-30: Highest IV Rank — 78.8%
  • 2024-01-31: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.18$63.66$71.31$70.16$68.49
Max Pain$68.45$65.00$70.00$70.00$67.50
ATM IV55.0%37.6%69.2%40.4%69.0%
Expected Move18.6%11.1%24.9%11.1%24.9%
HV 20d32.0%26.4%37.3%34.2%36.5%
HV 60d55.9%51.7%58.7%58.7%51.7%
IV Rank47.4%8.9%78.8%15.1%78.2%
IV Percentile60.6%20.2%92.1%29.0%91.7%
Term Structure2.8%-4.9%21.3%0.2%-3.7%
VWIV65.2%39.9%86.5%39.9%86.5%
Skew 25d1.7%-0.1%3.4%1.3%2.3%
Skew 10d3.7%0.8%6.8%1.8%4.6%
Call IV 25d54.3%38.1%68.7%40.6%68.7%
Put IV 25d56.0%38.1%71.0%41.9%71.0%
Bid-Ask Spread %8.523.2517.836.786.57
Gamma HHI0.070.050.130.050.05
Net GEX336.5K-4.5M6.1M-455.8K2.6M
Net DEX-41.5M-181.2M134.2M-58.2M-78.5M
Net VEX-2.6M-2.8M-2.4M-2.7M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.281.450.680.75
Total Volume21,102.90512,10637,51417,01012,106
Total OI271,351.143210,810318,943273,320239,569

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$70.16$70.0040.4%11.1%34.2%15.1%39.9%1.3%0.2%-455.8K-58.2M-2.7M0.686.78N/AN/A10,1036,907150,819122,501
2024-01-03$69.08$70.0040.6%11.2%31.2%15.6%40.3%1.1%0.7%-2.2M-14.9M-2.7M0.525.76N/AN/A12,2496,383154,699125,940
2024-01-04$68.76$70.0040.1%16.3%31.1%14.6%57.7%0.6%0.0%-2.4M-6.8M-2.6M0.4612.60N/AN/A11,3685,245160,396126,727
2024-01-05$67.82$70.0038.9%16.2%31.5%11.7%57.2%0.3%-0.1%-4.5M34.5M-2.6M0.6717.83N/AN/A12,5608,411166,227128,994
2024-01-08$69.37$70.0039.0%16.6%32.6%12.0%58.6%0.9%19.1%229.2K-52.8M-2.6M0.2814.02N/AN/A19,2335,409159,741125,787
2024-01-09$68.44$70.0038.2%16.7%31.3%10.2%58.8%0.3%20.0%1.4M-34.0M-2.6M0.5010.13N/AN/A10,9425,481168,662128,355
2024-01-10$68.26$70.0037.6%16.7%30.6%8.9%59.8%0.1%20.4%801.4K-28.4M-2.6M0.8513.19N/AN/A10,9479,355171,687129,579
2024-01-11$67.94$70.0041.8%16.7%30.6%18.2%59.7%-0.1%20.8%-205.0K-17.1M-2.6M0.8012.46N/AN/A8,9377,170174,223129,536
2024-01-12$66.75$70.0045.8%16.9%26.4%27.0%60.3%0.3%21.3%-398.3K40.6M-2.6M1.097.10N/AN/A10,60111,547177,180132,873
2024-01-16$63.66$67.5060.7%18.0%29.0%59.9%63.2%1.6%-2.9%-4.4M134.2M-2.4M0.606.60N/AN/A15,8039,494166,884132,563
2024-01-17$64.33$67.5064.0%18.4%29.7%67.3%64.3%2.2%-3.1%-3.1M92.8M-2.5M1.455.52N/AN/A15,33122,183172,719133,060
2024-01-18$64.94$67.5064.4%18.7%29.4%68.2%65.1%2.4%-3.9%-2.0M36.0M-2.5M0.9414.43N/AN/A12,96012,152178,921133,210
2024-01-19$66.77$65.0064.0%18.7%30.3%67.4%65.8%2.3%-4.2%-2.1M-46.3M-2.6M0.7415.03N/AN/A13,5199,993183,309135,634
2024-01-22$69.57$67.5065.8%20.0%34.4%71.2%69.9%2.5%-3.0%3.7M-123.7M-2.7M0.704.87N/AN/A20,22914,121110,553100,257
2024-01-23$70.13$67.5066.6%20.7%34.4%73.1%71.5%2.3%-3.5%4.9M-148.9M-2.7M0.344.27N/AN/A15,7555,369118,615102,274
2024-01-24$69.80$67.5066.0%20.9%31.6%71.8%72.8%2.9%-3.0%6.1M-144.6M-2.7M0.715.42N/AN/A11,7368,348125,541104,859
2024-01-25$68.82$67.5067.4%21.5%31.8%74.9%75.3%3.1%-4.1%2.0M-95.4M-2.7M0.624.29N/AN/A8,4285,257127,130108,052
2024-01-26$67.94$67.5067.6%21.8%31.8%75.3%75.8%2.3%-4.9%-1.5M-62.0M-2.7M0.634.69N/AN/A8,9225,620131,172108,282
2024-01-29$71.31$67.5067.9%23.3%36.9%75.8%81.9%2.4%-2.9%5.1M-181.2M-2.8M0.783.25N/AN/A14,04611,005117,689102,382
2024-01-30$69.52$67.5069.2%24.6%37.3%78.8%85.3%3.4%-4.2%3.5M-117.6M-2.8M0.814.19N/AN/A9,9148,022123,489108,284
2024-01-31$68.49$67.5069.0%24.9%36.5%78.2%86.5%2.3%-3.7%2.6M-78.5M-2.8M0.756.57N/AN/A6,9175,189127,608111,961