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Commit To Purchase Datadog At $70, Earn 7.4% Using Options

Investors considering a purchase of Datadog Inc (DDOG) stock, but cautious about paying the going market price of $126.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $70 strike, which has a bid at the time of this writing of $5.20..

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Datadog, Inc. (DDOG)