DDOG Datadog Options Ahead of Earnings

Analyzing the options chain and the chart patterns of DDOG Datadog prior to the earnings report this week,
I would consider purchasing the 125usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $16.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

DDOG traded at $118.40 after earnings, and the Puts went up from $16.90 (when I wrote this article) to $19.80 at the close yesterday (a lot higher intraday), for about 20% gain!