TTD Options History — February 2025

In February 2025, TTD traded between $69.81 and $123.37. ATM implied volatility averaged 52.3%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 42.8% (HV 20d: 95.1%). Max pain ranged from $77.50 to $121.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-02-13: Highest Volume — 416,459 contracts
  • 2025-02-13: Largest IV drop — 31.3% change
  • 2025-02-03: Highest IV Rank — 78.5%
  • 2025-02-05: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.36$69.81$123.37$118.13$69.81
Max Pain$98.29$77.50$121.00$121.00$77.50
ATM IV52.3%39.0%66.7%66.7%47.8%
Expected Move15.3%11.2%23.5%22.2%14.0%
HV 20d95.1%31.2%139.4%37.8%137.6%
HV 60d66.8%38.6%86.8%41.6%86.1%
IV Rank48.3%20.3%78.5%78.5%38.7%
IV Percentile71.8%57.1%90.9%90.9%62.7%
Term Structure-1.8%-4.8%0.8%-4.2%-0.8%
VWIV53.7%40.2%80.9%77.2%51.3%
Skew 25d0.5%-3.9%4.0%4.0%1.5%
Skew 10d3.3%-7.3%29.8%12.9%0.2%
Call IV 25d52.0%40.3%63.1%61.8%47.8%
Put IV 25d52.5%39.5%66.2%65.9%49.3%
Bid-Ask Spread %31.5011.4846.1417.3024.79
Gamma HHI0.090.040.230.050.12
Net GEX6.1M-6.9M18.1M2.2M4.8M
Net DEX-23.3M-382.2M566.0M-209.5M158.2M
Net VEX-3.4M-4.3M-1.8M-3.2M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.130.890.580.40
Total Volume88,67710,372416,45913,86993,063
Total OI320,377.474169,716509,597169,716509,597

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$118.13$121.0066.7%22.2%37.8%78.5%77.2%4.0%-4.2%2.2M-209.5M-3.2M0.5817.30N/AN/A8,7695,10092,32877,388
2025-02-04$113.57$120.0065.1%22.9%38.5%75.2%79.3%3.0%-3.5%-215.2K-96.6M-3.0M0.5417.10N/AN/A17,8279,62497,12778,608
2025-02-05$113.59$120.0066.1%23.5%34.4%77.2%80.9%3.3%-4.1%4.1M-116.4M-3.1M0.2418.77N/AN/A9,4512,276107,10482,680
2025-02-06$114.30$115.0062.9%16.2%31.2%70.6%56.1%-3.9%-3.7%6.2M-139.1M-3.1M0.6644.04N/AN/A6,2424,130109,66882,984
2025-02-07$117.47$115.0063.8%16.2%32.9%72.4%56.7%2.7%-4.7%12.6M-266.2M-3.2M0.6746.14N/AN/A12,4168,288111,78882,919
2025-02-10$123.37$115.0062.6%16.7%36.4%69.9%58.3%-0.3%-1.5%6.8M-382.2M-3.2M0.4842.63N/AN/A22,65210,79498,77579,697
2025-02-11$120.96$115.0063.3%16.6%37.2%71.4%57.5%0.8%-4.8%7.3M-341.7M-3.3M0.6745.12N/AN/A10,0446,751108,98284,657
2025-02-12$121.22$115.0063.4%16.9%36.7%71.6%58.5%1.3%-4.1%8.2M-365.3M-3.3M0.7044.13N/AN/A41,15028,790114,08788,075
2025-02-13$82.97$115.0043.5%12.0%139.3%29.8%43.7%-2.1%-2.5%-3.2M566.0M-1.8M0.8931.03N/AN/A220,289196,170136,114108,396
2025-02-14$80.41$90.0039.7%11.5%138.8%21.7%41.1%-1.6%0.5%-6.9M154.7M-3.0M0.5337.58N/AN/A88,94846,821258,084113,788
2025-02-18$79.87$85.0040.6%11.6%138.1%23.5%41.6%-1.1%0.2%6.7M48.8M-3.2M0.3838.49N/AN/A83,89432,089231,541104,714
2025-02-19$76.97$85.0039.5%11.3%137.9%21.4%40.8%-0.6%0.1%3.7M120.2M-3.3M0.3136.83N/AN/A71,39622,325261,987116,472
2025-02-20$75.30$82.5039.0%11.2%137.9%20.3%40.2%-0.8%0.8%978.9K189.4M-3.5M0.4737.82N/AN/A85,85740,145296,580129,701
2025-02-21$71.94$80.0043.8%12.6%138.1%30.3%45.4%0.1%-0.6%2.2M240.8M-3.6M0.2940.78N/AN/A104,24029,898323,369132,728
2025-02-24$74.49$80.0044.1%12.7%139.0%30.9%45.3%0.1%0.1%13.8M-22.9M-4.2M0.1727.69N/AN/A106,08717,715304,029127,344
2025-02-25$74.92$80.0046.9%13.8%139.4%36.9%48.3%2.3%-0.1%18.1M-85.7M-4.3M0.1324.10N/AN/A78,45510,061322,547133,054
2025-02-26$72.91$79.0045.8%13.4%138.5%34.6%47.1%0.4%-0.7%15.2M35.1M-4.2M0.2612.71N/AN/A62,83916,266345,847136,760
2025-02-27$71.69$77.5049.3%14.5%137.6%41.9%51.2%0.9%-0.4%12.7M70.6M-4.2M0.5111.48N/AN/A48,95525,046361,711135,942
2025-02-28$69.81$77.5047.8%14.0%137.6%38.7%51.3%1.5%-0.8%4.8M158.2M-4.0M0.4024.79N/AN/A66,41326,650374,864134,733