Financial giants have made a conspicuous bullish move on Datadog. Our analysis of options history for Datadog DDOG revealed 27 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $412,572, and 23 were calls, valued at $5,885,120.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $140.0 and $190.0 for Datadog, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Datadog's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Datadog's whale activity within a strike price range from $140.0 to $190.0 in the last 30 days.
Datadog 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DDOG | CALL | TRADE | BEARISH | 01/16/26 | $29.0 | $28.05 | $28.3 | $160.00 | $4.2M | 748 | 0 |
| DDOG | CALL | SWEEP | BULLISH | 01/17/25 | $0.88 | $0.77 | $0.85 | $185.00 | $321.0K | 8.0K | 7.0K |
| DDOG | PUT | TRADE | NEUTRAL | 01/17/25 | $17.95 | $15.6 | $16.8 | $170.00 | $252.0K | 811 | 150 |
| DDOG | CALL | SWEEP | BEARISH | 03/21/25 | $24.05 | $23.5 | $23.65 | $140.00 | $175.0K | 928 | 143 |
| DDOG | CALL | SWEEP | BULLISH | 01/17/25 | $0.89 | $0.74 | $0.85 | $185.00 | $167.8K | 8.0K | 3.2K |
About Datadog
Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses.
Having examined the options trading patterns of Datadog, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Datadog Standing Right Now?
- With a trading volume of 2,492,112, the price of DDOG is up by 2.62%, reaching $158.97.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 62 days from now.
Professional Analyst Ratings for Datadog
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $176.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from TD Cowen has revised its rating downward to Buy, adjusting the price target to $165. * An analyst from Barclays has decided to maintain their Overweight rating on Datadog, which currently sits at a price target of $187.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Datadog with Benzinga Pro for real-time alerts.
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