Trade Desk Stock Pops on S&P 500 Inclusion

Core Viewpoint - Trade Desk Inc (NASDAQ:TTD) shares increased by 11.4% to $84.06 following the announcement that it will replace Ansys (ANSS) on the S&P 500 Index due to Synopsys (SNPS) acquiring Ansys for $35 billion [1][2] Group 1 - TTD's stock is trading at five-month highs and is on track for its best daily percentage increase since May 12, despite being down 30% year-to-date due to a significant post-earnings decline in February [2] - The 160-day moving average is currently limiting gains for TTD [2] Group 2 - Options trading activity has surged, with 53,000 calls and 19,000 puts traded, which is eight times the average daily volume, indicating strong interest in the stock [3] - The most popular options are the July 85 and 90 calls, with new positions being opened [3] - TTD has historically outperformed analysts' volatility expectations, reflected in its Schaeffer's Volatility Scorecard (SVS) rating of 90 out of 100 [3]