Trade Desk's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bullish move on Trade Desk. Our analysis of options history for Trade Desk TTD revealed 14 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $267,780, and 10 were calls, valued at $607,778.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $55.0 to $115.0 for Trade Desk during the past quarter.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Trade Desk options trades today is 1368.0 with a total volume of 3,111.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Trade Desk's big money trades within a strike price range of $55.0 to $115.0 over the last 30 days.

Trade Desk Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
TTD CALL SWEEP BEARISH 01/16/26 $16.3 $14.55 $14.55 $115.00 $145.5K 352 0
TTD PUT SWEEP NEUTRAL 07/19/24 $6.0 $5.25 $5.6 $90.00 $111.8K 755 0
TTD CALL TRADE BULLISH 07/19/24 $5.05 $4.95 $5.05 $90.00 $101.0K 1.5K 505
TTD PUT TRADE NEUTRAL 01/16/26 $5.5 $4.55 $5.0 $55.00 $100.0K 703 0
TTD CALL TRADE BULLISH 01/17/25 $15.65 $14.85 $15.65 $85.00 $93.9K 2.4K 62

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 different devices like computers, smartphones, 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.

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.

Present Market Standing of Trade Desk

  • With a trading volume of 5,982,754, the price of TTD is up by 2.53%, reaching $88.19.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 90 days from now.

Expert Opinions on Trade Desk

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $106.0.

  • An analyst from RBC Capital persists with their Outperform rating on Trade Desk, maintaining a target price of $110.
  • An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $100.
  • An analyst from Stifel has decided to maintain their Buy rating on Trade Desk, which currently sits at a price target of $105.
  • In a cautious move, an analyst from Piper Sandler downgraded its rating to Overweight, setting a price target of $110.
  • An analyst from Jefferies upgraded its action to Buy with a price target of $105.

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.

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Posted In: OptionsMarketsBZI-UOA
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