Spotlight on Datadog: Analyzing the Surge in Options Activity - Datadog (NASDAQ:DDOG)

Core Insights - Whales have adopted a bullish stance on Datadog, with 45% of trades being bullish and 38% bearish, indicating significant interest from large investors [1] - The projected price targets for Datadog are between $85.0 and $200.0, reflecting the focus of major market movers over the last three months [2] - The mean open interest for Datadog options trades is 542.54, with a total volume of 3,139.00, highlighting active trading in the options market [3] Options Activity - Noteworthy options activity includes a mix of bullish and bearish trades, with significant call and put options being executed [9] - The trading volume for Datadog stands at 1,458,564, with the stock price increasing by 2.81% to $163.21, suggesting positive market sentiment [15] Analyst Ratings - Analysts have provided an average target price of $182.25 for Datadog, with individual ratings ranging from $170 to $190 from various firms [12][13]