Moderately bullish activity in Trade Desk (TTD), with shares up 8c, or 0.17%, near $50.97. Options volume relatively light with 12k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 2.2 points near 64.77,in the top quartile of the past year, suggesting an expected daily move of $2.08. Put-call skew steepened, indicating increased demand for downside protection.
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