Trade of the Week: Datadog

Options, Technology Stocks, Videos


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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