Loading... Loading... Investors with a lot of money to spend have taken a bearish stance on Trade Desk TTD . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TTD, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 18 uncommon options trades for Trade Desk. This isn't normal. The overall sentiment of these big-money traders is split between 38% bullish and 61%, bearish. Out of all of the special options we uncovered, 3 are puts, for a total amount of $433,004, and 15 are calls, for a total amount of $653,065. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $67.5 and $120.0 for Trade Desk, spanning the last three months. Insights into Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Trade Desk's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Trade Desk's substantial trades, within a strike price spectrum from $67.5 to $120.0 over the preceding 30 days. Trade Desk Option Activity Analysis: Last 30 Days Loading... Loading... Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume TTD PUT SWEEP BULLISH 10/18/24 $3.75 $3.7 $3.7 $67.50 $205.0K 21 554 TTD PUT SWEEP BULLISH 09/20/24 $7.45 $7.25 $7.45 $80.00 $161.7K 2.3K 0 TTD CALL SWEEP BEARISH 04/26/24 $2.48 $2.47 $2.47 $88.00 $122.3K 172 6.6K TTD CALL TRADE NEUTRAL 01/16/26 $20.25 $18.8 $19.53 $100.00 $74.2K 293 38 TTD PUT SWEEP BEARISH 05/17/24 $23.65 $23.35 $23.65 $110.00 $66.2K 188 28 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. Current Position of Trade Desk Currently trading with a volume of 808,662, the TTD's price is up by 0.99%, now at $86.68. RSI readings suggest the stock is currently may be approaching overbought. Anticipated earnings release is in 30 days. What Analysts Are Saying About Trade Desk A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $100.0. An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $100. 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. Loading... Loading...