What the Options Market Tells Us About Trade Desk - Trade Desk (NASDAQ:TTD)

Core Insights - Whales have adopted a bearish stance on Trade Desk, with 75% of detected trades being bearish and only 12% bullish [1] - The price range targeted by whales for Trade Desk over the last three months is between $30.0 and $60.0 [2] - Recent options trading data indicates significant liquidity and investor interest in Trade Desk's options, particularly within the $30.0 to $60.0 strike price range [3] Options Activity - The largest options trades include a bearish call sweep with a total trade price of $516,500 at a strike price of $60.00, and a bullish call trade with a total price of $89,700 at a strike price of $40.00 [7] - The total volume of options traded for Trade Desk in the last 30 days reflects a mix of bullish and bearish sentiments, with notable trades indicating a bearish outlook [4][7] Company Overview - Trade Desk operates a self-service platform that enables advertisers to programmatically purchase digital ad inventory across various devices, generating revenue from fees based on client advertising spend [9] - The current market position of Trade Desk is under scrutiny, with a recent analyst rating suggesting a target price of $40.0 [10][11] - The stock price of Trade Desk is currently at $38.26, reflecting a decrease of 2.45% with a trading volume of 2,203,695 [13]