Smart Money Is Betting Big In DDOG Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on Datadog (NASDAQ:DDOG) with significant options trading activity. Analysts have mixed ratings but generally high price targets. The stock is currently down 6.37% at $109.97, with RSI indicators suggesting it may be oversold.
May 31, 2024 | 4:01 pm
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Datadog (NASDAQ:DDOG) has seen significant options trading activity, with whales showing a bullish stance. Analysts have set high price targets, and the stock is currently down 6.37%, with RSI indicators suggesting it may be oversold.
The significant options trading activity, particularly the bullish stance from whales, indicates strong investor interest. Analysts' high price targets further support a positive outlook. The current stock price drop and RSI suggesting oversold conditions may present a buying opportunity.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100