DDOG · expected move and max pain by expiry
Datadog is priced to move 8.4% by 2026-Oct-23, with max pain at 275.00.
Options price a ±8.44% move (about $23.65) by 2026-Oct-23 (Fri), a range of 256.58 to 303.89 from the last price of 280.24. Max pain for that expiry is 275.00.
DDOG
Datadog, Inc.
Last
280.24 -3.10 (-1.1%)
Next expiry move
±8.44% 9 days
Implied vol
53.8% 9 days
Put / call
1.21
Market open
Fetched 2026-10-14, 10:32:34 AM ET
Fetched 2026-10-14, 10:32:34 AM ET
expected range last price 280.24 max painAxis 214 to 347, shared by every row
Expiry
Expected range (1 SD)
Expected move
Max pain
Odds inside
2026-Oct-23Fri, 9 days
256.58
303.89
Expected move±8.44%±$23.65
Max pain275.001.9% below last price
Odds of closing inside68%put/call 1.21
2026-Oct-30Fri, 16 days
247.14
313.33
Expected move±11.81%±$33.09
Max pain280.000.1% below last price
Odds of closing inside68%put/call 0.88
2026-Nov-13Fri, 30 days
220.83
339.64
Expected move±21.20%±$59.41
Max pain270.003.7% below last price
Odds of closing inside69%put/call 5.71
Not shown: 2026-Oct-16 (bid/ask spread 61% of the option prices), 2026-Nov-06 (no strike quoted above the price yet). Those options are too thinly quoted to price a move honestly; each date appears once they are.
Key levels from open interest
260.00 / 285.00
The heaviest put open interest near the price sits at 260.00 and the heaviest call open interest at 285.00, weighted toward strikes close to the last price. Price sometimes gravitates toward large open interest into expiry.
DDOG max pain by expiry
Datadog's max pain for 2026-Oct-23 is 275.00, 1.9% below the last price. It is the strike at which the calls and puts open for that expiry would pay out the least in total, computed from open interest. Price sometimes drifts toward it in the final session because of dealer hedging; treat it as a reference level, not a target. How max pain is calculated.
| Expiry | Max pain | From last price | Put/call |
|---|---|---|---|
| 2026-Oct-23 Fri | 275.00 | -1.9% | 1.21 |
| 2026-Oct-30 Fri | 280.00 | -0.1% | 0.88 |
| 2026-Nov-13 Fri | 270.00 | -3.7% | 5.71 |
DDOG put/call ratio
The put/call ratio for the 2026-Oct-23 expiry is 1.21: above 1, so puts outnumber calls on that date. Readings well below 0.7 are often read as complacent and above 1.2 as fearful, and extremes are sometimes taken as contrarian signals, but on index products like SPY a high ratio is normal because puts are bought as insurance. It is a sentiment gauge, not a direction call. What the ratio measures and what it does not, or compare it with every tracked stock's put/call ratio today.
Stayed in range, 13 forecasts
85%
DDOG finished inside the expected range we showed 85% of the time, across every forecast checked since 2026-Oct-02. Correctly priced options would give about 68%; higher means its options expected bigger moves than happened.
Moved vs expected
100%
How big DDOG's moves were compared with what its options priced in; 100% means priced right, below means overpriced. On average it moved 5.51% against an expected range of ±6.91%. Left the range: 2 up, 0 down. How this is worked out.
By days before expiry
2 to 7 days: 86% stayed in range (7)
Forecasts grouped by how many days before expiry they were made. Machine-readable: /api/history/DDOG; sitewide: track record.
Reading the DDOG expected move table
Each row is one expiry. The shaded band is the one-standard-deviation range the option chain implies for DDOG on that date: the market gives roughly a two-in-three chance that DDOG closes inside it and a one-in-three chance it closes outside. The black tick is the last traded price, 280.24. The diamond is max pain, the strike where option holders would collect the least if the stock settled there.
The range widens with time because uncertainty compounds with the square root of time: the 2026-Nov-13 range (±21.20%) is wider than the 2026-Oct-23 range (±8.44%) even though the daily volatility behind both is the same. Read the methodology for the formulas, or the guide to what the expected move means in practice.
Figures are derived from delayed public option data and recalculated through the trading day. Nothing on this page is investment advice. Machine-readable version: /api/expected-move/DDOG. Every ticker the site tracks is listed at /stocks.
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