TTD Options History — August 2025

In August 2025, TTD traded between $50.45 and $90.06. ATM implied volatility averaged 51.4%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded below realized volatility by 93.4% (HV 20d: 144.8%). Max pain ranged from $57.50 to $80.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.59.

Notable Days

2025-08-08: Highest Volume — 690,872 contracts
2025-08-08: Largest IV drop — 31.0% change
2025-08-07: Highest IV Rank — 57.7%
2025-08-01: Largest Expected Move — 27.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.46	$50.45	$90.06	$85.79	$54.78
Max Pain	$61.07	$57.50	$80.00	$80.00	$57.50
ATM IV	51.4%	42.4%	74.0%	71.5%	42.4%
Expected Move	14.6%	12.1%	27.1%	27.1%	12.1%
HV 20d	144.8%	40.6%	178.5%	40.6%	177.5%
HV 60d	93.4%	38.8%	108.3%	55.4%	108.2%
IV Rank	28.5%	16.8%	57.7%	54.5%	16.8%
IV Percentile	54.9%	31.3%	90.1%	88.5%	31.3%
Term Structure	-0.8%	-6.0%	1.2%	-5.7%	0.8%
VWIV	52.0%	43.9%	95.6%	95.6%	43.9%
Skew 25d	-0.0%	-5.4%	3.6%	3.5%	-1.4%
Skew 10d	-1.3%	-24.8%	41.7%	41.7%	-0.0%
Call IV 25d	52.2%	43.1%	79.6%	72.0%	43.1%
Put IV 25d	52.2%	41.7%	75.5%	75.5%	41.7%
Bid-Ask Spread %	20.84	5.00	53.37	14.13	10.80
Gamma HHI	0.09	0.05	0.33	0.06	0.33
Net GEX	10.7M	-6.4M	35.1M	12.5M	35.1M
Net DEX	-214.0M	-1.25B	799.1M	-1.07B	-208.8M
Net VEX	-5.9M	-6.7M	-3.8M	-6.2M	-6.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.28	1.29	1.19	0.36
Total Volume	126,161.095	29,881	690,872	50,053	66,737
Total OI	775,097.905	520,012	948,658	552,375	894,164

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
2025-08-01	$85.79	$80.00	71.5%	27.1%	40.6%	54.5%	95.6%	3.5%	-5.7%	12.5M	-1.07B	-6.2M	1.19	14.13	N/A	N/A	22,907	27,146	312,970	239,405
2025-08-04	$89.46	$65.00	69.0%	17.4%	41.3%	51.2%	61.3%	2.6%	-3.9%	14.1M	-1.23B	-6.2M	0.72	34.87	N/A	N/A	25,997	18,774	290,285	229,727
2025-08-05	$87.38	$65.00	72.8%	18.2%	43.0%	56.2%	63.9%	3.2%	-2.2%	11.5M	-1.09B	-6.2M	0.98	47.67	N/A	N/A	15,066	14,815	293,668	243,682
2025-08-06	$90.06	$65.00	72.0%	18.2%	43.5%	55.1%	64.0%	3.6%	-6.0%	13.0M	-1.25B	-6.2M	0.65	17.72	N/A	N/A	26,493	17,235	296,175	251,847
2025-08-07	$87.80	$65.00	74.0%	18.8%	45.0%	57.7%	66.3%	-5.4%	-2.7%	11.1M	-1.11B	-6.1M	1.29	53.37	N/A	N/A	52,371	67,792	301,386	260,790
2025-08-08	$54.47	$70.00	51.0%	14.4%	177.8%	28.0%	52.0%	-1.6%	-1.1%	-6.4M	799.1M	-3.8M	0.62	37.42	N/A	N/A	427,459	263,413	330,982	300,916
2025-08-11	$52.97	$60.00	49.0%	13.9%	177.7%	25.4%	49.7%	-0.5%	-0.6%	3.3M	348.3M	-5.0M	0.64	16.41	N/A	N/A	152,338	97,504	482,405	296,324
2025-08-12	$53.23	$60.00	45.8%	13.0%	174.5%	21.2%	47.2%	-2.0%	0.3%	3.7M	276.2M	-5.3M	0.53	10.86	N/A	N/A	94,137	49,825	529,789	302,820
2025-08-13	$54.26	$60.00	45.7%	13.1%	174.7%	21.2%	46.5%	-0.9%	-0.3%	10.0M	95.2M	-5.7M	0.29	13.03	N/A	N/A	97,262	28,619	561,315	304,286
2025-08-14	$50.45	$60.00	45.8%	13.2%	175.6%	21.3%	48.0%	-0.1%	0.8%	-4.0M	397.4M	-5.2M	0.89	36.68	N/A	N/A	154,631	137,844	578,733	309,986
2025-08-15	$52.02	$57.50	44.2%	12.7%	176.7%	19.2%	46.0%	-0.6%	-0.0%	7.1M	126.2M	-5.8M	0.35	34.28	N/A	N/A	100,823	35,137	632,624	316,034
2025-08-18	$54.84	$57.50	45.5%	13.1%	178.5%	20.9%	46.6%	-1.4%	0.1%	17.5M	-238.5M	-6.3M	0.30	15.42	N/A	N/A	100,708	29,881	535,070	274,013
2025-08-19	$52.42	$57.50	45.3%	13.0%	178.1%	20.6%	46.9%	-0.9%	0.1%	10.3M	-6.1M	-6.0M	0.32	22.68	N/A	N/A	63,872	20,343	547,773	284,538
2025-08-20	$52.54	$57.50	44.4%	12.7%	177.0%	19.4%	45.3%	-0.5%	0.3%	10.8M	-7.3M	-6.1M	0.28	5.00	N/A	N/A	55,899	15,768	567,772	294,136
2025-08-21	$52.31	$57.50	44.2%	12.6%	177.0%	19.2%	45.6%	0.7%	1.2%	9.9M	20.2M	-6.1M	0.89	7.42	N/A	N/A	29,144	25,958	578,494	300,486
2025-08-22	$53.16	$57.50	43.6%	12.4%	176.9%	18.4%	45.0%	0.3%	0.0%	15.6M	-76.2M	-6.3M	0.31	11.74	N/A	N/A	68,396	21,218	584,428	306,000
2025-08-25	$52.59	$57.50	43.3%	12.5%	176.1%	18.0%	44.0%	0.3%	0.2%	7.7M	8.3M	-6.1M	0.59	7.31	N/A	N/A	28,593	16,879	541,730	294,312
2025-08-26	$52.09	$57.50	44.0%	12.6%	176.0%	18.9%	45.7%	0.2%	0.4%	5.7M	41.2M	-6.2M	0.39	5.12	N/A	N/A	24,392	9,561	552,964	304,464
2025-08-27	$52.52	$57.50	43.0%	12.3%	175.7%	17.6%	44.0%	0.4%	0.6%	8.5M	1.7M	-6.3M	0.34	6.70	N/A	N/A	29,677	10,128	561,246	308,566
2025-08-28	$55.45	$57.50	43.6%	12.5%	177.5%	18.3%	44.5%	0.2%	0.2%	26.9M	-307.3M	-6.7M	0.46	29.09	N/A	N/A	71,507	33,134	567,864	312,887
2025-08-29	$54.78	$57.50	42.4%	12.1%	177.5%	16.8%	43.9%	-1.4%	0.8%	35.1M	-208.8M	-6.6M	0.36	10.80	N/A	N/A	49,035	17,702	571,908	322,256