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Mixed options sentiment in Trade Desk with shares up 0.6%

Mixed options sentiment in Trade Desk (TTD), with shares up 24c, or 0.6%, near $39.33. Options volume relatively light with 18k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.88. Implied volatility (IV30) dropped 1.59 near 51.42,and below the 52wk median, suggesting an expected daily move of $1.27. Put-call skew steepened, indicating increased demand for downside protection.

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