Unpacking the Latest Options Trading Trends in Datadog

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Deep-pocketed investors have adopted a bearish approach towards Datadog DDOG, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DDOG usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Datadog. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 13% leaning bullish and 66% bearish. Among these notable options, 3 are puts, totaling $118,980, and 12 are calls, amounting to $685,667.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $135.0 to $165.0 for Datadog over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Datadog options trades today is 2030.73 with a total volume of 1,686.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Datadog's big money trades within a strike price range of $135.0 to $165.0 over the last 30 days.

Datadog Option Activity Analysis: Last 30 Days

Options Call Chart

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 BEARISH 02/21/25 $7.4 $6.85 $7.0 $140.00 $210.0K 5.5K 300
DDOG CALL TRADE BEARISH 09/19/25 $18.75 $17.75 $18.0 $140.00 $90.0K 174 50
DDOG CALL SWEEP BEARISH 02/21/25 $8.5 $8.15 $8.17 $135.00 $57.8K 1.2K 70
DDOG PUT TRADE BEARISH 03/21/25 $24.5 $24.4 $24.5 $160.00 $53.9K 688 60
DDOG CALL SWEEP NEUTRAL 02/21/25 $8.35 $8.1 $8.19 $135.00 $51.6K 1.2K 173

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.

Current Position of Datadog

  • With a volume of 2,296,640, the price of DDOG is down -3.11% at $136.56.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 26 days.

What Analysts Are Saying About Datadog

5 market experts have recently issued ratings for this stock, with a consensus target price of $166.6.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Truist Securities lowers its rating to Hold with a new price target of $150. * Maintaining their stance, an analyst from Loop Capital continues to hold a Buy rating for Datadog, targeting a price of $200. * An analyst from RBC Capital persists with their Outperform rating on Datadog, maintaining a target price of $170. * Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Datadog with a target price of $170. * In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $143.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Datadog options trades with real-time alerts from Benzinga Pro.

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