TTD (TTD) options memo

The Read

TTD is down 2.97% today at $13.39.

Options traders lean neutral into 2026-08-14, and neutral further out.

A move through $11.00 would change how dealers hedge this stock.

Key numbers

• Spot: $13.39
• Lean: neutral
• Nearest expiry: Fri 8/28
• Implied move: 3.1%
• ATM implied volatility: 59.2%
• Max pain: $13.50
• Pin strike: $14.00
• Gamma flip: $11.00
• Dealer positioning: SHORT GAMMA
• Call wall: $14.00
• Put wall: $13.00
• Put/call open interest: 0.352