Recommended Datadog Options Trade.....
** Datadog OPTIONS TRADE: Buy
DDOG JUL 16 2021 85.000 CALLS at approximately $5.50. (Max. $6.00)
Datadog Options Trade Call Success Explained.....
Last Friday, May 28, 2021, members Datadog Options
Trade climbed as high as $11.70 – a potential
profit of 113%.
However, the Datadog Options Trade declined
to $9.26 yesterday – a potential profit of 68%.
Why the Jump for the DATADOG Options Trade
Why the Jump for the Datadog Options Call Trade…..
The company's products are popular with customers. At the end of Q1, 75%
of all customers are using more than one monitoring product, which is up from
63% last year. The number using four or more doubled to 25%, up from 12% a year
ago. This quarter it reported notable customer wins in a variety of industries
including consulting, grocery, and financial services.
Its broad set of offerings is helping customers make monitoring its
information technology simpler and more powerful. This quarter, EVA, an online
gaming company, went from using eight different observability tools to
standardizing on DataDog's single platform for all its monitoring needs.
Also, the strong 81% growth in remaining performance obligations shows
that customers are signing larger and lengthier contracts.
firing on all cylinders with its land-and-expand strategy. The number of
customers rapidly increased to 15,200 during the last quarter, up from 11,500
in the prior-year quarter. And with its consumption-based model, the company
has been growing its top line as customers have been increasing their
consumption of services.
Datadog has been expanding its footprint beyond its core observability
solutions to boost its business. For instance, it developed cybersecurity features
last year. And following its acquisition of Sqreen in April, it will enhance
its offerings for developers with extra application security capabilities.
showed strong execution with that strategy, as 25% of customers adopted four or
more modules during the last quarter, up from 12% one year ago.