Datadog Option Alert: Aug 18 $135 Calls at the Ask: 1000 @ $2.29 vs 152 OI; Earnings 8/8 Before Open Ref=$117.46
Portfolio Pulse from Charles Gross
An option alert has been issued for Datadog (DDOG) for August 18 $135 calls. The alert indicates 1000 contracts were bought at the ask price of $2.29, compared to an open interest of 152 contracts. This occurred before the company's earnings announcement on August 8, with the reference price at $117.46.
July 25, 2023 | 4:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Increased activity in Datadog's August 18 $135 call options suggests bullish sentiment among investors. This could potentially drive the stock price up in the short term.
The purchase of a large number of call options indicates that investors are expecting the price of Datadog's stock to rise. This is typically a bullish signal and could potentially lead to an increase in the stock's price in the short term. However, the impact of this activity on the stock's price will also depend on the company's upcoming earnings announcement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100