Communication Services

The Trade Desk Inc (TTD) options and signal

Figures as of 28 Sep 2026

TTD is The Trade Desk Inc, a Communication Services name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

FigureValueDate
IV rank50 of 10028 Sep
At the money IV55.6%28 Sep
Priced move to 30 Oct15.3% down, 16.4% up28 Sep
Call wall and put wall15 and 12.528 Sep
Signal and the desk's viewNo signal, view neutral25 Sep
Last close12.3428 Sep
Next report5 Nov 202628 Sep

Options Snapshot

TTD's IV rank is 50 of 100 on 28 Sep 2026.

FigureValue
IV rank50 of 100
At the money IV55.6%, near month, 32 days
Put/call ratio, open interest0.95
Call open interest, strikes captured near the price140,000 contracts
Put open interest, strikes captured near the price133,000 contracts
Cost to trade at the moneyFair, 36.9% of the option's mid price

IV rank is where the at the money IV sits among TTD's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, TTD options priced a move of 15.3 percent down and 16.4 percent up by 30 Oct 2026.

ExpiryDaysDownUpRange
2 Oct 202645.5%5.5%11.66 to 13.02
9 Oct 2026118.7%8.8%11.27 to 13.42
23 Oct 20262513.8%13.4%10.64 to 13.99
30 Oct 20263215.3%16.4%10.45 to 14.36
20 Nov 20265328.4%28.4%8.84 to 15.84
18 Dec 20268132.7%32.7%8.31 to 16.37
19 Mar 202717248.2%48.2%6.39 to 18.29

The range is one standard deviation either side of the close of 12.34, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, TTD's call wall is the 15 strike and its put wall is the 12.5 strike.

FigureValue
Call wall, most open call gamma15
Put wall, most open put gamma12.5
Net dollar gamma, calls minus putsminus $210,110
Total dollar gamma, both sides$3.98 million
Close12.34

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

Net gamma changes sign at 2 strikes, so no single flip strike is named.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Gamma Map in RingMasterThe Gamma Map guide

Volatility History

On 28 Sep 2026, TTD's at the money IV is 55.6 percent against 20 day realized volatility of 46.3 percent.

FigureValue
At the money IV55.6%
Realized volatility, 20 trading days46.3%
Realized volatility, 60 trading days69.2%
IV against its own weekly recordIn the middle
Weekly readings on record486, from 14 Apr 2017
Weeks the price moved more than the one week priced move29.4% of 252 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility History in RingMasterThe Volatility History guide

Volatility Weather

On 28 Sep 2026, TTD's at the money IV runs from 51.6 percent at 4 days to 70.2 percent at 172 days.

Days to expiryAt the money IV
451.6%
1152.6%
1853.3%
2554.9%
3973.2%
5374.4%
8169.3%
17270.2%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 32 day expiry, TTD's IV ten percent below the price sits 1.2 points below at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price54.4%-1.2 points
At the money55.6%0.0 points
10% above the price56.9%+1.4 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, TTD's surface spans 10 expiries out to 172 days, with IV from 50.5 to 76.0 percent near the price.

FigureValue
Expiries captured10
Nearest expiry2 Oct 2026, 4 days
Farthest expiry19 Mar 2027, 172 days
Points within 10% of the price, 7 days out or more29
Lowest IV among them50.5%
Highest IV among them76.0%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, TTD has 10 captured expiries, from 2 Oct 2026 to 19 Mar 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
2 Oct 2026451.6%5,3868,656
9 Oct 20261152.6%4,3833,667
16 Oct 20261853.3%21,25111,844
23 Oct 20262554.9%3,4192,893
30 Oct 20263255.6%2,4911,838
6 Nov 20263973.2%350193
20 Nov 20265374.4%26,93123,242
18 Dec 20268169.3%14,81119,040
15 Jan 202710966.8%36,50040,280
19 Mar 202717270.2%24,40621,024

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, TTD's largest open interest sits at the 15 strike, with 59,381 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
1539,01320,36859,381
2030,85122,24053,091
17.524,95320,60245,555
12.514,62325,97240,595
22.511,77011,23223,002
102,01711,83913,856

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, TTD's at the money IV moved from 54.7 percent to 55.6 percent.

Figure25 Sep28 SepChange
At the money IV54.7%55.6%+0.9 points
Open interest, strikes captured near the price303,541272,605-30,936
Put/call ratio, open interest0.810.95+0.14

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Since Yesterday in RingMasterThe Since Yesterday guide

Changed Hands

On 28 Sep 2026, 46,859 TTD option contracts traded, 1.0 times its own recent average.

FigureValue
Calls traded29,823
Puts traded17,036
Against its recent average1.0 times
Busier than8 of its last 20 trading days
Open interest, whole chain630,280 contracts
Volume to open interest0.07
Unusual volume flagYes, 4 contracts traded well above open interest
Largest flagged contractThe 14 call expiring 16 Oct, 5,988 traded against 2,181 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 33 trading days of TTD's option positioning, from 11 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 202613.56$539,2101415
21 Sep 202613.88minus $84,0671515
28 Sep 202612.34minus $210,1101512.5

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Read-out

On 25 Sep 2026 the desk's view of TTD was neutral, paper trading.

FigureValue
SideNeutral at 45 trading days, no signal
Level above the close13.71, the swing high of 10 Sep 2026
Level below the close12.18, the swing low of 28 Sep 2026
Strategy familyIron condor (sell both sides, defined risk)
Price targetNone. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Read-out in RingMasterThe Read-out guide

Rank by Timeframe

On 25 Sep 2026 TTD sat at the 57th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days71 of 100Neutral
20 trading days43 of 100Neutral
45 trading days57 of 100Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Rank by Timeframe in RingMasterThe Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026 TTD's near timeframes were neutral and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayNeutral0 of 2
Long45 dayNeutral0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMasterThe Timeframe Agreement guide

Signal History

On 25 Sep 2026 TTD had carried no signal for at least 18 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None57 of 100
24 Sep 2026None27 of 100
23 Sep 2026None34 of 100
22 Sep 2026None34 of 100
21 Sep 2026None39 of 100
18 Sep 2026None38 of 100
17 Sep 2026None46 of 100
16 Sep 2026None45 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMasterThe Signal History guide

Sector Split

On 25 Sep 2026, 10 of 37 Communication Services names were bullish and 12 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Communication Services37101215

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMasterThe Sector Split guide

Price Chart

TTD closed at 12.34 on 28 Sep 2026.

FigureValue
Last close12.34
Change over 5 trading days-11.1%
Change over 21 trading days-8.0%
Change over 63 trading days-33.8%
Change over 252 trading days-73.6%
52 week high56.39
52 week low12.18
20 day moving average13.89
50 day moving average14.98
200 day moving average23.10
RSI, 14 days31

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

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Earnings Radar

TTD reports next on 5 Nov 2026, a date worked out from past quarters.

FigureValue
Next report5 Nov 2026, after the close
DateWorked out from past quarters
Move after the report of 6 Aug 2026-21.9%
Move after the report of 30 Apr 2026+2.8%
Move after the report of 28 Jan 2026-1.9%
Move after the report of 8 May 2025+18.6%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Company Events

TTD filed 1 current report in the 14 days to 28 Sep 2026, the latest on 15 Sep 2026.

FiledReportWhat it covers
15 Sep 2026Current reportDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Filings as of 28 Sep 2026. Current on every plan.

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Public Filings

The filings the desk holds carry 2 recent trades in TTD shares.

FiledWhoTradeSize
10 Sep 2026. Gilbert Cisneros, member of CongressBought$1,001 to $15,000
4 Sep 2026. Gilbert Cisneros, member of CongressBought$1,001 to $15,000

Every filing is reproduced as filed, and each one reaches the public days or weeks after the trade.

Filings as of 28 Sep 2026. Current on every plan.

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Short Volume

On 25 Sep 2026, 37.6 percent of TTD's reported volume at the covered venues was marked short.

FigureValue
Short sale share, 25 Sep37.6%
Five day average34.0%
52 week median44.9%
Short interest, share of shares outstanding18.9% at the 15 Sep 2026 settlement
Days to cover4.8

Short sale volume counts trades marked short at the covered venues, mostly off exchange. It is not the same as short interest.

Short volume as of 25 Sep 2026. Current on every plan.

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Seasonality

In the 9 Septembers on record, TTD's average change was minus 2.0 percent, and it rose in 44.4 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-2.0%-2.4%44.4%9
October+0.4%+6.6%66.7%9
November+10.7%+6.2%60.0%10

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

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Headlines

The desk's news feeds carried 3 headlines naming TTD in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window3
Latest28 Sep 2026

The titles are in the Headlines window, with the time each was published.

Headlines as of 28 Sep 2026. Current on every plan.

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Questions

What is TTD's IV rank?
TTD's IV rank is 50 of 100 on 28 Sep 2026.
What move are TTD options pricing?
On 28 Sep 2026, TTD options priced a move of 15.3 percent down and 16.4 percent up by 30 Oct 2026.
Where are TTD's call wall and put wall?
On 28 Sep 2026, TTD's call wall is the 15 strike and its put wall is the 12.5 strike.
What was the desk's latest view of TTD on the Free plan?
On 25 Sep 2026 the desk's view of TTD was neutral, paper trading.
When does TTD report earnings next?
TTD reports next on 5 Nov 2026, a date worked out from past quarters.

More Communication Services names

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