Behind the Scenes of Datadog's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options activity for Datadog (NASDAQ:DDOG) shows a bearish trend among large investors, with 46% of trades being bearish. The stock is currently trading at $126.54, down 2%. Analysts have mixed ratings, with price targets ranging from $140 to $150.
October 15, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Datadog's recent options activity indicates a bearish sentiment among large investors, with 46% of trades being bearish. The stock is currently down 2% at $126.54. Analysts have mixed ratings, with price targets ranging from $140 to $150.
The bearish sentiment in options trading suggests that investors expect the stock to decline in the short term. The stock's current decline of 2% supports this sentiment. However, analyst ratings provide a mixed outlook, with some optimism reflected in price targets up to $150.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100