TTD Options History — May 2024

In May 2024, TTD traded between $86.10 and $97.19. ATM implied volatility averaged 39.2%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 1.1% (HV 20d: 38.1%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-05-08: Highest Volume — 89,745 contracts
  • 2024-05-09: Largest IV drop — 40.3% change
  • 2024-05-02: Highest IV Rank — 70.8%
  • 2024-05-02: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.32$86.10$97.19$86.10$92.50
Max Pain$82.80$80.00$85.00$85.00$85.00
ATM IV39.2%30.2%63.0%62.3%33.4%
Expected Move11.7%8.6%23.3%22.9%9.5%
HV 20d38.1%34.1%44.4%40.4%34.1%
HV 60d39.7%34.1%47.5%46.9%34.3%
IV Rank18.2%0.0%70.8%69.1%7.1%
IV Percentile19.6%0.0%76.2%73.0%5.6%
Term Structure-0.7%-5.5%3.5%-3.0%-1.2%
VWIV41.2%30.4%81.9%78.9%33.5%
Skew 25d1.1%-0.9%2.9%2.6%1.6%
Skew 10d2.2%-0.0%5.1%5.1%3.2%
Call IV 25d39.1%30.4%62.1%60.8%33.7%
Put IV 25d40.3%30.6%65.0%63.4%35.3%
Bid-Ask Spread %14.753.9844.467.536.21
Gamma HHI0.080.050.260.050.06
Net GEX12.3M3.0M30.7M9.6M8.6M
Net DEX-509.5M-803.4M-280.3M-342.0M-454.9M
Net VEX-3.6M-3.8M-3.4M-3.7M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.261.050.690.53
Total Volume28,079.86410,14989,74512,70115,897
Total OI324,678.091291,249384,823298,309334,532

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$86.10$85.0062.3%22.9%40.4%69.1%78.9%2.6%-3.0%9.6M-342.0M-3.7M0.697.53N/AN/A7,5105,191146,116152,193
2024-05-02$88.33$85.0063.0%23.3%40.7%70.8%81.9%2.9%-4.9%12.7M-443.7M-3.8M0.397.17N/AN/A14,3455,579148,080154,842
2024-05-03$88.63$84.0059.9%22.8%40.7%63.4%80.2%1.7%-3.5%18.2M-466.4M-3.7M0.708.90N/AN/A17,27812,065154,102156,808
2024-05-06$90.86$80.0057.2%14.6%41.4%56.8%50.6%1.8%-2.6%6.4M-464.8M-3.7M0.6734.62N/AN/A18,52912,327139,428151,821
2024-05-07$89.95$80.0056.4%14.3%41.6%55.1%50.3%2.1%-5.5%6.3M-431.6M-3.7M1.0530.49N/AN/A13,04813,702147,818159,461
2024-05-08$86.41$80.0055.0%14.4%44.1%51.7%50.4%-0.4%0.8%3.0M-283.8M-3.7M0.6935.92N/AN/A53,05036,695153,899166,004
2024-05-09$88.06$80.0032.8%9.5%44.4%0.0%33.3%1.7%3.5%10.1M-385.3M-3.4M0.6815.47N/AN/A43,02529,391191,470189,287
2024-05-10$87.28$80.0031.5%9.1%44.0%0.0%31.9%1.3%1.2%7.5M-352.7M-3.4M0.6135.60N/AN/A14,6729,021196,577188,246
2024-05-13$87.59$80.0032.6%9.3%36.5%2.3%32.5%1.5%0.1%7.8M-361.5M-3.4M0.5344.46N/AN/A13,0406,934157,229157,105
2024-05-14$86.21$80.0032.1%9.3%36.9%1.4%32.2%1.7%-0.1%4.4M-280.3M-3.4M0.609.37N/AN/A8,4395,065161,387161,111
2024-05-15$90.15$82.5033.1%9.5%38.7%3.6%33.1%0.7%-0.5%14.3M-499.7M-3.5M0.7512.37N/AN/A26,89720,149164,125162,904
2024-05-16$93.50$82.5032.2%9.1%40.2%1.5%32.0%-0.9%-0.4%23.3M-728.1M-3.5M0.5128.84N/AN/A39,12420,085172,456170,870
2024-05-17$94.75$82.5031.1%8.8%34.9%0.0%31.1%-0.8%-1.2%30.7M-803.4M-3.6M0.265.51N/AN/A24,1866,400183,184178,875
2024-05-20$97.19$82.5031.1%8.9%35.3%0.0%31.5%0.2%1.0%17.2M-754.0M-3.5M0.455.67N/AN/A17,3747,886151,313153,394
2024-05-21$95.70$82.5030.2%8.6%35.0%0.0%31.4%0.6%1.0%16.9M-679.8M-3.6M0.754.72N/AN/A10,4937,825154,309157,417
2024-05-22$94.75$85.0030.3%8.7%34.4%0.2%30.9%0.7%0.5%14.3M-625.0M-3.7M1.005.30N/AN/A5,2785,289157,104162,070
2024-05-23$92.77$85.0030.6%8.8%35.4%0.9%31.1%1.0%0.5%10.5M-505.8M-3.7M0.955.32N/AN/A6,3466,031158,921164,947
2024-05-24$94.69$85.0030.2%8.6%35.3%0.0%30.4%0.4%0.9%12.3M-619.2M-3.6M0.467.45N/AN/A11,1845,114159,387167,519
2024-05-28$95.10$85.0032.0%9.1%35.1%4.0%31.9%2.3%-0.4%13.1M-604.8M-3.6M0.403.98N/AN/A8,8603,546153,689161,900
2024-05-29$95.19$85.0032.4%9.4%34.8%4.9%33.1%0.8%-0.3%14.7M-615.8M-3.6M0.654.39N/AN/A6,1513,998156,774163,280
2024-05-30$93.38$85.0033.7%9.5%34.8%7.8%33.1%1.3%-1.1%9.0M-506.4M-3.6M0.715.15N/AN/A12,1598,579157,019163,945
2024-05-31$92.50$85.0033.4%9.5%34.1%7.1%33.5%1.6%-1.2%8.6M-454.9M-3.7M0.536.21N/AN/A10,3645,533164,339170,193