This Is What Whales Are Betting On Datadog
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Datadog (NASDAQ:DDOG), with 75% of the spotted trades being bearish. The total amount for puts is $847,112 and for calls is $117,873. The targeted price range for Datadog over the last 3 months is from $60.0 to $125.0. The current price of DDOG is down -0.6% at $97.7.
July 05, 2023 | 3:03 pm
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A significant investor has taken a bearish stance on Datadog. The targeted price range for Datadog over the last 3 months is from $60.0 to $125.0. The current price of DDOG is down -0.6% at $97.7.
The bearish stance taken by a significant investor, along with the high volume of puts, indicates a potential downward pressure on Datadog's stock price in the short term. The targeted price range also suggests that the investor expects the price to fluctuate significantly.
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