What move does the options market price into Trade Desk's report?

Implied ±11.2%, either direction.

How often does Trade Desk move more than the options market prices?

5 of the last 8 reports moved at least as far as the implied move.

TTDNasdaqServices-Computer Programming, Data Processing, Etc.

Trade Desk, Inc. (TTD) earnings date, market-implied expected move, and options open interest by expiry

13.53

+0.67 · +5.21%

Regular session11:28 ET

Open12.85Volume12.9MMkt cap$5.9BP/E15.92EPS0.85

Day12.85 – 13.6486%52-wk11.62 – 50.065%

TTD

Trade Desk, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.2%implied · report alone

8Q avg ±16.6%·×0.68·cheap

11.4114.31

straddle ±13.7%

spot 12.86exp Nov 13ATM strike 13ATM straddle 2.08IV 122%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

after close · in 5 days

confirmedQ3 FY26

Calendar

Next report

Last report

−21.90%

vs ±14.0% implied · ×1.56

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

16hGOOGL · supplierGoogle responds to political backlash over removing search from schools that ban AI
4dDV · customerDoubleVerify Q3 net income $15,929 thousand, revenue $205,638 thousand

News

Largest filed tie

13F top-10 QoQ

−3.77%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

687 managers

Top fund weight

0.93%

TTD weight · XLC

N-PORTJun 30 '26

9 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Trade Desk (TTD) reports on Nov 9 after close (confirmed date).

Implied vs realized

8 reports

5 of 8≥ implied

avg implied: ±11.8%
avg realized: ±16.6%

Feb 12 '25Feb 12 '25confirmed±10.0%▼−32.98%×3.29

May 8 '25May 8 '25confirmed±12.5%▲+18.60%×1.48

Aug 7 '25Aug 7 '25confirmed±11.6%▼−38.61%×3.33

Q3 FY25Nov 6 '25confirmed±15.7%▼−6.32%×0.40

Jan 26 '26Jan 26 '26confirmed±3.7%▼−7.50%×2.01

Q1 FY26Feb 25 '26confirmed±13.3%▼−4.81%×0.36

May 7 '26May 7 '26confirmed±13.5%▼−1.75%×0.13

Q2 FY26Aug 6 '26confirmed±14.0%▼−21.90%×1.56

quarterimplied−40%0+40%realized×

Q2 FY26±14.0%▼−21.90%×1.56

May '26±13.5%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Nov 3 close

0.41OI · 10 expiries · Nov 3 closeP/C open interest · Nov 13 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6,087+27%Nov 62d0.2920,870+95%0.29

report · Nov 9 · after close · confirmed

3,660+59%Nov 139d8,958+89%

35,422+1%Nov 2016d0.5861,230+5%0.58

1,617+179%Nov 2723d0.782,076+233%0.78

6 later expiries

75+63%Dec 430d0.74102+200%0.74

377—Dec 1137d4.33

ExpiryPutsCallsP/C

Nov 62d6,087+27%20,870+95%0.29

report · Nov 9 · after close · confirmed

Nov 139d3,660+59%8,958+89%0.41

Nov 2016d35,422+1%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±13.7%

Funds 4

XLC±0.1%

RSP±0.0%

IGPT±0.0%

SPY±0.0%

Suppliers 1

PUBM±4.0%×0.29

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

9.01%as filednet margin · revenue +3.80% QoQ · +3.03% YoY

Revenue

$715M+3.80% QoQ

Gross profit

$531M+4.70% QoQ

74.22% margin

Operating income

$102M+52.41% QoQ

14.21% margin

Pre-tax income

$113M+43.23% QoQ

Net income

$64M+61.00% QoQ

9.01% margin

Cost of revenue

$184M+1.30% QoQ

Operating expenses

$429M−2.52% QoQ

Marketing $174M

R&D $141M

SG&A $114M

Tax

$49M+24.99% QoQ

Other income

$12M−6.47% QoQ

Revenue$715M+3.80%

Gross profit

$531M+4.70%

74.22% margin

Operating income

$102M+52.41%

14.21% margin

Pre-tax income

$113M+43.23%

Net income

$64M+61.00%

9.01% margin

Cost of revenue

$184M+1.30%

Operating expenses

$429M−2.52%

Marketing $174M

R&D $141M

SG&A $114M

Other income$12M−6.47%

Tax$49M+24.99%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 11:15 ET

Intraday

Event sensitivity

NFP ×1.73· ±4.1% vs ±2.4% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±4.1%1 of 10×1.73

FOMCrate decision±2.8%15 of 24×1.20

PPIproducer prices±2.6%3 of 10×1.12

GDPgross domestic product±2.5%6 of 19×1.05

CPROFcorporate profits±2.5%5 of 12×1.04

PCEpersonal income & outlays±2.0%8 of 19×0.85

CPIconsumer prices±1.8%3 of 10×0.78

Bar = avg |move| to ±5% · tick = ±2.4% avg day · ×base = |move| ÷ ±2.4% · min 6 releases

Earnings history

EPS 0.14 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.14	—
Q1 FY26	Feb 25 '26 · confirmed	0.08	—
Q3 FY25	Nov 6 '25 · confirmed	0.23	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod