Datadog Unusual Options Activity For May 23
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Datadog (NASDAQ:DDOG), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 21 uncommon options trades, with 42% bullish and 57% bearish sentiment. The price target range for Datadog over the last 3 months is $71.0 to $115.0.
May 23, 2023 | 8:31 pm
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A large investor has taken a bearish stance on Datadog (NASDAQ:DDOG) with unusual options activity. The overall sentiment is split between 42% bullish and 57% bearish, with a price target range of $71.0 to $115.0.
The unusual options activity observed for Datadog indicates that a large investor has taken a bearish stance on the stock. This could potentially impact the stock price in the short term, as the overall sentiment is leaning more towards bearish (57%) than bullish (42%). Additionally, the price target range of $71.0 to $115.0 suggests that there may be some volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100