Trade Desk Shares Slightly Down, Active Options Trading
Moderately bullish activity in Trade Desk (TTD), with shares down 0c near $19.14. Options volume roughly in line with average with 61k contracts traded and calls leading puts for a put/call ratio of 0.15, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 2.6 points near 66.78,and above the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Sell at Arete.
