TTD Options History — October 2025

In October 2025, TTD traded between $48.94 and $54.16. ATM implied volatility averaged 85.0%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded above realized volatility by 41.0% (HV 20d: 44.0%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.65.

Notable Days

  • 2025-10-06: Highest Volume — 95,556 contracts
  • 2025-10-06: Largest IV spike — 21.6% change
  • 2025-10-24: Highest IV Rank — 85.2%
  • 2025-10-30: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.92$48.94$54.16$49.28$50.09
Max Pain$50.59$50.00$52.50$50.00$51.00
ATM IV85.0%55.7%95.3%55.7%91.1%
Expected Move24.1%15.3%29.8%15.6%29.4%
HV 20d44.0%33.7%64.2%61.9%42.2%
HV 60d110.2%109.5%111.3%110.8%109.9%
IV Rank71.8%33.5%85.2%33.5%79.6%
IV Percentile92.9%66.3%98.4%66.3%96.4%
Term Structure-0.2%-10.3%25.4%23.5%-4.5%
VWIV84.5%55.5%101.7%55.8%101.7%
Skew 25d-1.5%-17.9%5.1%-4.9%-0.9%
Skew 10d-1.6%-6.5%9.2%-6.5%5.2%
Call IV 25d85.7%52.4%95.4%58.5%91.2%
Put IV 25d84.1%53.6%99.6%53.6%90.3%
Bid-Ask Spread %15.163.8632.7425.5215.33
Gamma HHI0.070.040.180.060.05
Net GEX13.0M-1.1M31.5M16.9M-987.2K
Net DEX-374.6M-670.0M-35.4M-294.3M-130.6M
Net VEX-7.9M-8.4M-7.2M-7.9M-7.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.251.530.460.86
Total Volume60,087.30431,14095,55653,43046,146
Total OI949,392.696834,6851,029,3361,016,213899,215

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$49.28$50.0055.7%15.6%61.9%33.5%55.8%-4.9%23.5%16.9M-294.3M-7.9M0.4625.52N/AN/A36,58216,848638,691377,522
2025-10-02$51.11$50.0061.7%15.9%62.6%41.4%57.7%4.5%25.3%23.2M-507.5M-8.2M0.4725.78N/AN/A56,04326,249643,965384,349
2025-10-03$51.52$50.0065.6%15.3%62.7%46.5%55.5%-3.5%25.4%31.5M-538.9M-8.1M0.4117.77N/AN/A51,35720,957643,238386,098
2025-10-06$53.51$50.0079.8%22.3%64.2%65.0%79.3%-5.6%-6.6%18.6M-621.2M-8.3M0.253.86N/AN/A76,47219,084604,608366,759
2025-10-07$53.70$50.0083.2%22.5%64.2%69.3%79.7%-2.5%-3.5%20.0M-635.6M-8.2M0.268.62N/AN/A74,71119,439613,285371,572
2025-10-08$54.16$50.0086.2%22.7%33.7%73.3%80.1%-5.4%-3.7%22.3M-670.0M-8.3M0.499.74N/AN/A49,60124,083621,245375,519
2025-10-09$54.15$50.0086.3%22.8%33.7%73.4%80.5%-3.6%-3.7%22.7M-644.2M-8.4M0.8210.14N/AN/A27,22022,454622,852390,391
2025-10-10$52.44$50.0088.3%23.5%36.7%76.1%82.4%-0.1%-3.6%13.7M-433.6M-8.1M0.4415.75N/AN/A61,03126,678626,204397,044
2025-10-13$51.51$50.0087.6%23.5%37.7%75.2%83.5%-4.7%-3.7%10.1M-300.8M-7.8M0.4112.54N/AN/A36,39014,806593,857385,652
2025-10-14$50.66$50.0088.3%23.7%38.2%76.0%84.4%-0.7%-5.1%8.6M-224.2M-7.7M0.3114.90N/AN/A29,3999,185602,093392,285
2025-10-15$50.65$50.0089.0%24.1%38.2%76.9%85.7%-0.2%-4.2%8.9M-224.1M-7.7M0.3515.85N/AN/A23,0438,097607,630394,018
2025-10-16$49.84$50.0092.0%24.9%37.6%80.9%87.2%2.9%-5.3%6.7M-144.4M-7.5M1.5313.29N/AN/A27,57042,117610,382390,711
2025-10-17$49.87$50.0089.8%24.8%37.4%78.0%86.8%-0.8%-5.1%13.8M-142.9M-7.5M0.9213.19N/AN/A32,91930,141614,276394,663
2025-10-20$52.99$50.0088.1%24.7%39.1%75.8%87.3%-0.2%-4.4%10.3M-393.9M-7.8M0.4517.68N/AN/A50,21122,462485,923348,762
2025-10-21$54.16$50.0088.8%25.2%39.4%76.6%87.7%0.1%-6.5%14.5M-514.8M-8.1M0.3710.88N/AN/A61,41622,819504,964358,347
2025-10-22$54.09$51.0090.4%25.9%39.3%78.7%90.2%-0.1%-10.3%15.5M-513.2M-8.1M1.1812.03N/AN/A16,23319,084522,777369,313
2025-10-23$54.16$51.0088.5%25.6%39.1%76.3%90.4%-0.8%-4.2%17.7M-527.8M-8.1M0.5512.03N/AN/A21,81212,013523,518373,081
2025-10-24$52.17$51.0095.3%28.0%42.2%85.2%94.2%-17.9%-7.5%8.8M-351.2M-7.7M1.3532.74N/AN/A34,28546,324529,047375,788
2025-10-27$53.57$52.0088.0%27.1%38.0%75.7%94.6%-1.4%-2.5%8.4M-399.4M-7.9M0.5512.14N/AN/A28,64815,724504,496355,312
2025-10-28$51.91$52.5089.4%27.8%40.0%77.4%97.6%2.1%-7.0%6.6M-286.4M-7.6M1.0712.16N/AN/A16,55117,724512,365356,208
2025-10-29$49.58$52.5090.8%28.9%43.3%79.3%100.5%5.1%8.2%1.9M-81.3M-7.3M0.8921.07N/AN/A26,64923,696515,898360,435
2025-10-30$48.94$52.5091.8%29.8%41.4%80.5%100.7%3.2%5.5%-1.1M-35.4M-7.2M0.6415.76N/AN/A23,01814,717520,688370,986
2025-10-31$50.09$51.0091.1%29.4%42.2%79.6%101.7%-0.9%-4.5%-987.2K-130.6M-7.3M0.8615.33N/AN/A24,87021,276526,831372,384