$TTD reports earnings after hours today. Implied move is roughly ±16.4%.

Here's the pattern: $TTD has reacted negatively to 7 of its last 8 earnings reports—including the last 5 straight. That's a brutal streak.

Similar to $SNAP, every once in a while it throws you a surprise pop, but the base case here is clear: fade strength into the print or wait for the post-earnings dip to reload if you're long-term bullish.

If you're playing options, the implied move is wide enough to sell premium or structure around a expected dump. Just don't get cute betting on the rare moonshot without a tight stop.