Call Spread on TTD on 7/23/2018

The Trade Desk, Inc. (TTD) operates a self-service cloud-based platform that enables advertising buyers to create, manage, and optimize data-driven digital advertising campaigns using their own teams in the United States and internationally.

Its platform allows clients to manage integrated advertising campaigns across various advertising formats, including display, video, audio, native, and social, as well as on various devices, such as computers, mobile devices, and connected television.

The Trade Desk is a buy-side platform providing access to all real-time bidding (RTB) inventory for display, television, video, social and mobile, among others. The media buyers using its products can run campaigns in every online media channel and report on how each channel combines to influence their customer.  The company serves advertising agencies and other service providers for advertisers.  

Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.  Higher share prices are expected.

52-Weeks Trading Range: $40.70 to $97.87

Entry Point: $97.30

Trade Buy 1 August $95.00 Call at $8.25 Sell 1 August $100.00 Call at $5.85 For a net debit of $2.40 Profit/Loss Analysis Breakeven at $97.40 Maximum profit is $260.00 at strike of $100.00 Maximum loss is ($240.00) at strike of $95.00 Closing Summary Sold 1 August $95.00 Call at $30.00 Bought 1 August $100.00 Call at $25.00

Position closed on 8/10/2018 at price of $5.00 with a 108.33% gain in 18 days.

Updates

8/10/2018 3:27:24 PM

TTD Call spread closed at TTD = $126.90

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