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

Looking at options history for Trade Desk (NASDAQ:TTD) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $122,815 and 7, calls, for a total amount of $281,040.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $77.5 for Trade Desk over the last 3 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 $55.0 to $77.5, over the past month.

Trade Desk Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About Trade Desk

Current Position of Trade Desk

• With a trading volume of 1,583,190, the price of TTD is up by 1.31%, reaching $70.3.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 22 days from now.

What The Experts Say On Trade Desk

In the last month, 2 experts released ratings on this stock with an average target price of $84.0.

• Reflecting concerns, an analyst from BMO Capital lowers its rating to Outperform with a new price target of $88.
• Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Trade Desk with a target price of $80.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Trade Desk, Benzinga Pro gives you real-time options trades alerts.