Financial giants have made a conspicuous bearish move on Trade Desk. Our analysis of options history for Trade Desk (NASDAQ:TTD) revealed 20 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $652,884, and 12 were calls, valued at $526,078.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $105.0 for Trade Desk over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Trade Desk’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Trade Desk’s whale activity within a strike price range from $50.0 to $105.0 in the last 30 days.
Trade Desk Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TTD | PUT | SWEEP | BEARISH | 01/17/25 | $10.75 | $10.55 | $10.7 | $92.50 | $310.3K | 246 | 296 |
| TTD | PUT | TRADE | BEARISH | 07/19/24 | $2.83 | $2.75 | $2.83 | $90.00 | $141.5K | 1.2K | 526 |
| TTD | CALL | SWEEP | NEUTRAL | 07/19/24 | $5.25 | $5.1 | $5.18 | $95.00 | $129.3K | 1.4K | 330 |
| TTD | CALL | SWEEP | NEUTRAL | 07/19/24 | $5.4 | $5.3 | $5.35 | $95.00 | $55.7K | 1.4K | 833 |
| TTD | CALL | SWEEP | NEUTRAL | 06/21/24 | $2.6 | $2.52 | $2.52 | $97.50 | $50.4K | 855 | 638 |
About Trade Desk
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm’s platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
In light of the recent options history for Trade Desk, it’s now appropriate to focus on the company itself. We aim to explore its current performance.
Trade Desk’s Current Market…
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