TTD Options History — February 2024

In February 2024, TTD traded between $67.20 and $88.34. ATM implied volatility averaged 56.7%, placing in the 51.6% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 3.8% (HV 20d: 52.9%). Max pain ranged from $67.50 to $75.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-02-16: Highest Volume — 257,979 contracts
  • 2024-02-16: Largest IV drop — 40.7% change
  • 2024-02-08: Highest IV Rank — 92.0%
  • 2024-02-12: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.81$67.20$88.34$67.20$85.27
Max Pain$70.25$67.50$75.00$70.00$75.00
ATM IV56.7%36.3%75.2%69.7%36.3%
Expected Move15.7%10.3%20.4%18.0%10.3%
HV 20d52.9%36.7%69.8%36.7%67.2%
HV 60d45.0%34.4%51.9%50.8%48.4%
IV Rank51.6%6.7%92.0%79.9%6.7%
IV Percentile63.3%11.9%97.6%93.3%11.9%
Term Structure-2.3%-5.9%1.1%-4.2%-0.7%
VWIV55.3%35.7%71.3%63.4%35.7%
Skew 25d1.4%-1.6%3.3%3.2%0.1%
Skew 10d2.7%-2.9%5.9%5.5%0.5%
Call IV 25d56.6%37.1%74.5%69.2%37.1%
Put IV 25d58.0%37.2%77.7%72.4%37.2%
Bid-Ask Spread %9.073.6825.718.483.68
Gamma HHI0.110.050.500.050.09
Net GEX10.2M1.2M25.8M1.2M20.3M
Net DEX-374.0M-1.09B-27.9M-27.9M-533.0M
Net VEX-3.0M-3.2M-2.7M-2.7M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.271.451.450.69
Total Volume48,956.9511,752257,97927,73021,951
Total OI286,982242,842345,152242,842310,185

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$67.20$70.0069.7%18.0%36.7%79.9%63.4%3.2%-4.2%1.2M-27.9M-2.7M1.458.48N/AN/A11,29816,432129,724113,118
2024-02-02$69.82$67.5069.9%18.2%39.2%80.3%63.9%3.2%-4.7%25.8M-159.4M-2.8M0.408.65N/AN/A39,46115,743135,162120,689
2024-02-05$67.22$70.0072.6%19.2%41.3%86.3%66.7%3.3%-3.8%2.3M-139.0M-2.9M0.537.85N/AN/A18,74510,004141,711112,343
2024-02-06$68.52$67.5070.6%18.9%41.1%81.8%65.5%3.2%-4.0%4.3M-190.4M-3.0M0.4110.29N/AN/A8,3173,435150,540118,754
2024-02-07$69.86$67.5070.7%18.9%41.4%82.2%66.2%2.6%-4.7%7.3M-245.9M-3.0M0.965.67N/AN/A8,8518,482152,827119,906
2024-02-08$70.30$67.5075.2%20.2%41.4%92.0%71.3%3.1%-5.9%8.5M-268.3M-3.1M0.505.82N/AN/A16,0567,999155,587121,949
2024-02-09$71.41$67.5073.1%19.8%41.6%87.3%69.5%2.8%-5.8%15.7M-342.0M-3.1M0.277.45N/AN/A40,50311,110160,843124,729
2024-02-12$73.98$70.0072.8%20.4%42.4%86.6%71.2%2.2%-0.9%5.4M-367.2M-3.1M0.729.66N/AN/A25,16518,083149,831116,838
2024-02-13$72.61$70.0070.9%20.1%38.8%82.5%70.3%1.1%-4.7%4.7M-313.6M-3.1M0.6319.54N/AN/A11,2267,039155,654125,476
2024-02-14$74.28$70.0070.3%20.2%39.2%81.3%70.1%2.1%-3.5%5.5M-377.1M-3.1M0.4525.71N/AN/A19,4008,695158,952128,211
2024-02-15$76.04$70.0069.2%20.0%39.6%78.8%70.3%1.3%-2.6%7.2M-466.8M-3.2M0.6920.23N/AN/A49,85134,586168,771132,656
2024-02-16$88.34$70.0041.1%11.8%64.0%18.0%42.3%-1.6%-0.6%14.7M-1.09B-2.9M0.285.40N/AN/A200,77257,207192,029153,123
2024-02-20$82.51$70.0041.8%12.1%69.4%19.8%44.3%-0.0%-0.6%7.4M-386.8M-2.9M0.474.46N/AN/A58,55827,365147,045120,125
2024-02-21$81.65$70.0040.7%11.8%69.7%17.1%43.2%-0.1%-0.2%9.4M-364.2M-3.0M0.4415.52N/AN/A32,58814,374171,022128,299
2024-02-22$83.20$70.0038.9%11.0%69.7%12.8%39.4%-0.0%1.1%13.8M-439.4M-3.1M0.405.98N/AN/A26,67410,603181,085136,076
2024-02-23$81.78$72.5037.0%10.4%69.8%8.3%37.7%0.3%-0.1%5.0M-353.4M-3.1M0.534.14N/AN/A29,42415,465185,096139,229
2024-02-26$82.06$72.5038.6%11.0%69.4%12.1%38.9%0.3%-0.2%10.1M-362.1M-3.1M0.394.11N/AN/A20,0477,827150,257130,974
2024-02-27$85.34$72.5037.5%10.8%68.8%9.5%38.0%-0.3%-0.5%18.5M-545.9M-3.2M0.354.24N/AN/A33,33211,757160,107135,885
2024-02-28$84.79$75.0037.2%10.6%67.8%8.7%37.4%0.2%-0.4%17.1M-504.9M-3.2M0.654.43N/AN/A12,5658,149164,453140,379
2024-02-29$85.27$75.0036.3%10.3%67.2%6.7%35.7%0.1%-0.7%20.3M-533.0M-3.2M0.693.68N/AN/A13,0268,925167,119143,066