Trade of the Week: Datadog | Investors Alley

Trade of the Week: Datadog

October 5, 2020 6:15 am by Jay Soloff

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Tech remains the most interesting sector when it comes to unusual options activity. Just recently, options traders were very active in Datadog (DDOG) options. DDOG is a software analytics company that just announced a big deal with Microsoft.

The stock jumped higher on the news, over 17% on the week of the announcement. So far, there has been plenty of bullish options activity to support the move, with both short-term call buying and medium-term put selling hitting the tape.

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