Ticker Options Intelligence

DDOG options intelligence

Datadog Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 49 Market data through 30 Jul 2026 Checked 31 Jul 2026 10:08 · complete available chain

Volatility expansion watch

Volatility pressure

DDOG currently carries volatility options pressure with a 49/100 conviction score. The nearest-chain expected move is 9.0%, with volume/open-interest participation at 0.05.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report
Primary read Volatility

Volatility expansion watch

Expected move 9.0%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 0.81

Balanced tape

Trend fit 97

Options agree with trend context

Weekly backdrop +8.6%

RS 53.5

Expected move 9.0%
Put-call volume 0.81
Volume / OI 0.05
Reference IV 1.14
Max pain 242.50
Underlying 246.86
Nearest expiry 31 Jul 2026
Contracts 1860

Research Brief

DDOG has a volatility chain read with 49/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 224.63–269.09; The largest call open-interest concentration is 265.00; the largest put concentration is 200.00. The most active strike by current volume is 275.00.

Priced range224.63–269.09
Call concentration265.00
Put concentration200.00
Max pain reference242.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 31 Jul

Options imply 224.63 to 269.09. Max pain at 242.50 sits inside that range, 1.8% below spot.

Spot Max pain
224.63246.86 ± 22.23269.09
Confirmation level

A close beyond 269.09 or below 224.63 at the 31 Jul expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 49/100

Evidence alignment, not probability

Pressure is 13/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure13 × 42%
+5.4

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.1

Volume relative to existing open interest and contract-level activity.

Trend agreement97 × 26%
+25.3

How closely the chain read agrees with the underlying trend backdrop.

Volatility92 × 10%
+9.2

The intensity of implied volatility and the priced move.

Reconstructed score49.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 265.00; the largest put concentration is 200.00. The most active strike by current volume is 275.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
268
135.00-45.3%
56
527
195.00-21.0%
40
724
200.00-19.0%
28
399
230.00-6.8%
196
149
235.00-4.8%
512
576
237.50-3.8%
10
230
240.00-2.8%
685
50
245.00-0.8%
602
79
250.001.3%
453
335
255.003.3%
232
200
257.504.3%
102
192
260.005.3%
422
681
265.007.3%
1110
15
275.0011.4%
536
23
280.0013.4%
630
1
295.0019.5%
555
15
300.0021.5%
486
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.62× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

1.14 31 Jul 1d
1.27 7 Aug 8d
1.03 14 Aug 15d
0.92 21 Aug 22d
0.86 28 Aug 29d
0.82 4 Sep 36d
0.80 11 Sep 43d
0.77 18 Sep 50d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

200
205
210
215
220
225
228
233
238
243
248
253
258
263
268
270
275
280
285
290
295
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
  • Versioned calculationv2 observations only
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
1860 / 1860
  • No material coverage gap was detected in the retained chain.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Earnings/event positioning

93/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $22.6M of estimated gross traded notional, calls · 0-7 days · itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+13
1W price+8.6%
Call premium83%
Put premium17%
Notional split C 83% / P 17% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 97/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 5 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Calls · 0-7 days · ITM
Calls · 0-7 days · ITM calls cluster with 702 contracts traded, $8.5M estimated gross traded notional, and 38% of visible notional.
$8.5M
Calls · 91+ days · OTM calls cluster with 506 contracts traded, $3.1M estimated gross traded notional, and 14% of visible notional.
$3.1M
Calls · 0-7 days · OTM calls cluster with 4606 contracts traded, $2.5M estimated gross traded notional, and 11% of visible notional.
$2.5M
Calls · 8-21 days · ITM calls cluster with 209 contracts traded, $2.2M estimated gross traded notional, and 10% of visible notional.
$2.2M
Puts · 91+ days · ITM puts cluster with 183 contracts traded, $1.0M estimated gross traded notional, and 4% of visible notional.
$1.0M

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Warming up

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close267.97
1W+8.6%
RS53.5
Fair value+100.3%
Options pressure13
Speculation41
Volatility92
Trend fit97

Today Versus Normal

Stored-options context

View history
Expected move 9.0% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 1.14 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.81 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.05 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:03 Mixed
Pressure 5
Move 6.7%
30 Jul 10:02 Volatility
Pressure 6
Move 8.7%
31 Jul 09:08 Volatility
Pressure 13
Move 9.0%

Strike Map

Where activity is clustering

Full strike map
Strike125.00
Calls · V 10 · OI 14
Puts · V 44 · OI 127
Strike130.00
Calls · V 154 · OI 34
Puts · V 0 · OI 37
Strike135.00
Calls · V 236 · OI 56
Puts · V 0 · OI 268
Strike140.00
Calls · V 92 · OI 43
Puts · V 0 · OI 233
Strike145.00
Calls · V 2 · OI 5
Puts · V 0 · OI 69
Strike150.00
Calls · V 82 · OI 85
Puts · V 0 · OI 83
Strike155.00
Calls · V 0 · OI 46
Puts · V 0 · OI 73
Strike160.00
Calls · V 0 · OI 1
Puts · V 0 · OI 315

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts152
Avg IV1.14
Put-call0.39
Expiry7 Aug 2026
Contracts164
Avg IV1.27
Put-call1.05
Expiry14 Aug 2026
Contracts164
Avg IV1.03
Put-call2.92
Expiry21 Aug 2026
Contracts150
Avg IV0.92
Put-call2.04
Expiry28 Aug 2026
Contracts90
Avg IV0.86
Put-call14.13

Skew

Call/put IV balance

OTM demand
31 Jul 2026Put IV premium
Call IV0.92
Put IV1.12
Skew0.20
7 Aug 2026Put IV premium
Call IV1.19
Put IV1.26
Skew0.08
14 Aug 2026Put IV premium
Call IV0.98
Put IV1.04
Skew0.06
21 Aug 2026Put IV premium
Call IV0.88
Put IV0.94
Skew0.06
28 Aug 2026Balanced skew
Call IV0.85
Put IV0.86
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractDDOG260731C00275000
SideCall
Expiry31 Jul 2026
Strike275.00
Volume2461
OI536
IV0.92
ContractDDOG260807C00280000
SideCall
Expiry7 Aug 2026
Strike280.00
Volume623
OI91
IV1.24
ContractDDOG260814P00130000
SidePut
Expiry14 Aug 2026
Strike130.00
Volume604
OI24
IV1.44
ContractDDOG260821P00200000
SidePut
Expiry21 Aug 2026
Strike200.00
Volume341
OI767
IV0.97
ContractDDOG260731C00280000
SideCall
Expiry31 Jul 2026
Strike280.00
Volume303
OI630
IV0.89
ContractDDOG260807P00225000
SidePut
Expiry7 Aug 2026
Strike225.00
Volume266
OI37
IV1.30
ContractDDOG260814P00200000
SidePut
Expiry14 Aug 2026
Strike200.00
Volume251
OI81
IV1.11
ContractDDOG260731C00277500
SideCall
Expiry31 Jul 2026
Strike277.50
Volume242
OI250
IV0.92

Research Graph

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