TTD Options History — April 2025

In April 2025, TTD traded between $44.91 and $56.95. ATM implied volatility averaged 85.3%, placing in the 76.9% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded below realized volatility by 8.7% (HV 20d: 94.0%). Max pain ranged from $55.00 to $65.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.63.

Notable Days

2025-04-03: Highest Volume — 109,706 contracts
2025-04-03: Largest IV spike — 33.6% change
2025-04-04: Highest IV Rank — 100.0%
2025-04-30: Largest Expected Move — 30.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.71	$44.91	$56.95	$56.95	$53.54
Max Pain	$59.17	$55.00	$65.00	$65.00	$55.00
ATM IV	85.3%	51.5%	106.7%	52.9%	84.5%
Expected Move	26.5%	21.0%	30.5%	21.2%	30.5%
HV 20d	94.0%	62.7%	104.7%	63.0%	100.8%
HV 60d	100.4%	90.3%	104.7%	90.7%	104.7%
IV Rank	76.9%	46.6%	100.0%	49.5%	71.2%
IV Percentile	94.1%	59.5%	100.0%	64.3%	94.4%
Term Structure	0.7%	-9.7%	23.1%	22.3%	-4.1%
VWIV	90.1%	72.8%	106.0%	74.0%	106.0%
Skew 25d	14.2%	3.9%	38.0%	3.9%	7.5%
Skew 10d	31.5%	-19.6%	99.2%	7.9%	25.9%
Call IV 25d	76.4%	41.3%	95.2%	50.7%	81.5%
Put IV 25d	90.6%	54.5%	118.9%	54.6%	89.0%
Bid-Ask Spread %	19.40	9.47	34.01	20.38	14.78
Gamma HHI	0.04	0.03	0.06	0.05	0.03
Net GEX	4.8M	-479.3K	10.8M	8.2M	8.0M
Net DEX	74.2M	-192.4M	282.1M	-9.4M	-108.4M
Net VEX	-4.2M	-4.9M	-3.4M	-4.5M	-4.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.25	1.58	0.35	0.42
Total Volume	49,390.952	20,567	109,706	39,223	20,567
Total OI	602,723.762	542,287	668,016	556,566	590,807

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-04-01	$56.95	$65.00	52.9%	21.2%	63.0%	49.5%	74.0%	3.9%	22.3%	8.2M	-9.4M	-4.5M	0.35	20.38	N/A	N/A	29,025	10,198	382,231	174,335
2025-04-02	$56.67	$65.00	51.5%	21.0%	62.7%	46.6%	72.8%	5.2%	23.1%	8.1M	14.0M	-4.5M	0.45	24.64	N/A	N/A	20,314	9,042	390,453	177,751
2025-04-03	$49.23	$65.00	68.8%	24.0%	78.4%	83.0%	81.0%	6.9%	22.5%	-479.3K	282.1M	-3.6M	0.82	13.36	N/A	N/A	60,254	49,452	395,567	179,899
2025-04-04	$46.84	$62.50	88.7%	27.3%	79.3%	100.0%	94.2%	18.9%	18.7%	-380.7K	279.6M	-3.6M	0.55	17.47	N/A	N/A	58,628	32,374	414,634	184,341
2025-04-07	$45.93	$60.00	102.6%	29.1%	77.0%	100.0%	92.8%	19.8%	-4.4%	785.2K	264.8M	-3.5M	0.64	19.02	N/A	N/A	30,924	19,681	411,384	186,720
2025-04-08	$44.91	$60.00	106.7%	30.0%	77.0%	100.0%	93.5%	23.7%	-3.3%	616.2K	279.0M	-3.4M	0.41	24.94	N/A	N/A	39,776	16,356	420,307	189,107
2025-04-09	$54.16	$60.00	85.3%	23.3%	104.7%	72.3%	80.2%	18.1%	-3.5%	8.7M	-23.6M	-4.5M	0.31	27.69	N/A	N/A	44,361	13,620	434,153	195,125
2025-04-10	$49.12	$60.00	97.4%	27.1%	104.4%	87.9%	90.4%	20.6%	-5.1%	3.2M	163.1M	-3.9M	1.14	25.15	N/A	N/A	27,786	31,582	437,083	196,955
2025-04-11	$49.38	$60.00	95.4%	26.3%	104.4%	85.4%	94.9%	21.3%	-5.4%	5.5M	158.1M	-4.0M	0.60	23.61	N/A	N/A	27,336	16,443	448,035	205,005
2025-04-14	$49.05	$60.00	89.7%	25.3%	102.6%	78.0%	85.1%	16.9%	-3.3%	921.7K	189.8M	-3.9M	0.46	19.67	N/A	N/A	27,587	12,736	434,171	202,701
2025-04-15	$48.86	$60.00	84.9%	24.3%	101.7%	71.7%	82.7%	14.8%	2.3%	2.2M	175.6M	-3.9M	0.44	22.06	N/A	N/A	24,949	11,013	447,110	205,016
2025-04-16	$48.25	$60.00	91.5%	26.2%	101.1%	80.3%	87.8%	15.8%	-5.1%	3.0M	169.0M	-4.0M	1.58	34.01	N/A	N/A	13,637	21,597	458,800	207,308
2025-04-17	$50.09	$60.00	87.9%	25.5%	102.2%	75.7%	85.3%	12.3%	-5.4%	7.3M	54.7M	-4.2M	0.25	27.21	N/A	N/A	61,369	15,124	461,686	206,330
2025-04-21	$47.77	$60.00	92.8%	27.9%	103.2%	81.9%	96.7%	12.1%	-4.7%	2.3M	129.4M	-4.0M	1.28	13.86	N/A	N/A	17,735	22,635	358,103	184,184
2025-04-22	$48.41	$55.00	89.3%	27.4%	101.2%	77.4%	92.2%	6.0%	-0.5%	1.8M	115.3M	-4.1M	0.30	15.13	N/A	N/A	24,006	7,084	365,664	200,247
2025-04-23	$50.16	$55.00	85.7%	26.8%	101.0%	72.9%	92.5%	14.1%	-5.1%	5.1M	36.1M	-4.3M	0.34	11.48	N/A	N/A	35,548	12,016	372,764	201,606
2025-04-24	$52.92	$55.00	84.2%	26.7%	102.3%	70.9%	91.3%	38.0%	-8.9%	10.8M	-124.1M	-4.6M	0.69	13.28	N/A	N/A	33,517	23,229	384,765	206,597
2025-04-25	$53.86	$55.00	82.2%	27.1%	102.5%	68.3%	93.5%	6.3%	-1.4%	8.2M	-192.4M	-4.7M	0.41	14.90	N/A	N/A	33,014	13,382	395,678	212,311
2025-04-28	$54.43	$55.00	85.3%	29.1%	102.0%	72.3%	101.8%	8.5%	-9.7%	8.2M	-146.9M	-4.9M	1.13	9.47	N/A	N/A	19,386	21,833	365,482	196,543
2025-04-29	$54.47	$55.00	83.5%	29.5%	101.8%	70.0%	103.0%	7.0%	-5.1%	7.9M	-147.9M	-4.9M	0.62	15.23	N/A	N/A	17,298	10,796	368,710	207,531
2025-04-30	$53.54	$55.00	84.5%	30.5%	100.8%	71.2%	106.0%	7.5%	-4.1%	8.0M	-108.4M	-4.9M	0.42	14.78	N/A	N/A	14,487	6,080	375,425	215,382