Investors with a lot of money to spend have taken a bullish stance on Datadog DDOG.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DDOG, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for Datadog.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 22%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $30,072, and 8, calls, for a total amount of $385,940.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $115.0 to $160.0 for Datadog over the recent 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 $115.0 to $160.0 in the last 30 days.
Datadog Option Volume And Open Interest Over Last 30 Days
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 | SWEEP | BULLISH | 06/20/25 | $5.9 | $5.2 | $5.75 | $160.00 | $114.4K | 179 | 199 |
| DDOG | CALL | TRADE | BEARISH | 02/21/25 | $16.95 | $16.55 | $16.55 | $115.00 | $49.6K | 0 | 40 |
| DDOG | CALL | SWEEP | BULLISH | 12/20/24 | $1.1 | $0.95 | $1.05 | $140.00 | $45.3K | 4.3K | 499 |
| DDOG | CALL | TRADE | NEUTRAL | 09/19/25 | $22.0 | $21.05 | $21.5 | $125.00 | $43.0K | 56 | 20 |
| DDOG | CALL | SWEEP | BULLISH | 11/29/24 | $3.9 | $3.7 | $3.9 | $127.00 | $39.0K | 47 | 120 |
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.
Following our analysis of the options activities associated with Datadog, we pivot to a closer look at the company's own performance.
Where Is Datadog Standing Right Now?
- With a trading volume of 866,119, the price of DDOG is up by 2.83%, reaching $126.9.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 90 days from now.
Expert Opinions on Datadog
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $152.2.
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 Monness, Crespi, Hardt has elevated its stance to Buy, setting a new price target at $155. * An analyst from Bernstein has decided to maintain their Outperform rating on Datadog, which currently sits at a price target of $151. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Datadog with a target price of $155. * An analyst from Baird persists with their Outperform rating on Datadog, maintaining a target price of $150. * An analyst from UBS upgraded its action to Buy with a price target of $150.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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