Check Out What Whales Are Doing With TTD

Whales with a lot of money to spend have taken a noticeably bearish stance on Trade Desk.

Looking at options history for Trade Desk TTD we detected 25 trades.

If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 68% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $364,870 and 21, calls, for a total amount of $1,195,035.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $100.0 for Trade Desk, spanning the last three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Trade Desk stands at 1095.8, with a total volume reaching 7,498.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Trade Desk, situated within the strike price corridor from $50.0 to $100.0, throughout the last 30 days.

Trade Desk Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

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, native, and social) on different devices like computers, smartphones, digital out of home, 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. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

Following our analysis of the options activities associated with Trade Desk, we pivot to a closer look at the company's own performance.

Where Is Trade Desk Standing Right Now?

• With a trading volume of 5,137,787, the price of TTD is up by 4.29%, reaching $74.37.
• Current RSI values indicate that the stock is may be overbought.
• Next earnings report is scheduled for 3 days from now.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Trade Desk options trades with real-time alerts from Benzinga Pro.