Trade Desk Unusual Options Activity

Financial giants have made a conspicuous bullish move on Trade Desk. Our analysis of options history for Trade Desk TTD revealed 22 unusual trades.

Delving into the details, we found 59% of traders were bullish, while 27% showed bearish tendencies. Out of all the trades we spotted, 15 were puts, with a value of $821,312, and 7 were calls, valued at $254,600.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $32.5 to $95.0 for Trade Desk over the recent three months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Trade Desk's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Trade Desk's significant trades, within a strike price range of $32.5 to $95.0, over the past month.

Trade Desk Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

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 devices like computers, smartphones, and connected TVs. It uses data in an iterative manner 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, and it generates revenue from fees based on a percentage of what its clients spend on advertising.

After a thorough review of the options trading surrounding Trade Desk, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Trade Desk

• Currently trading with a volume of 11,253,605, the TTD's price is down by -4.91%, now at $46.67.
• RSI readings suggest the stock is currently may be oversold.
• Anticipated earnings release is in 33 days.

What The Experts Say On Trade Desk

In the last month, 5 experts released ratings on this stock with an average target price of $101.2.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Trade Desk with a target price of $72. * An analyst from Citizens Capital Markets has revised its rating downward to Market Outperform, adjusting the price target to $115. * Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Trade Desk with a target price of $74. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $145. * An analyst from RBC Capital has decided to maintain their Outperform rating on Trade Desk, which currently sits at a price target of $100.

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