Datadog, Inc.
Long
Updated

DDOG Earnings

273
Lockup period isn't over yet so shares are in short supply.... if they beat, this thing goes up big time.
Trade closed manually
Feeling sorta bearish about the whole market for tomorrow, so I decided to close this until earning date.
Trade active
Got back in this morning, saved myself a little money by dumping yesterday. Bought in for only 5 shares this time....

Doing a ten block on this could really get you hosed if they miss. Premiums are high,
Note
This one has the possibility of going Simple Jack pumptarded if they beat because the entire float is owned by institutions due to IPO lockup.

Not worth the risk with in the money calls, so I added ten $60 calls for kicks and giggles. What's $500 anyways, lol. Will hold those through next week....
Note
Appears people want to wait for earnings before buying..... we'll see where this goes.
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Numbers actually look good, appears to be a sell the news type event? Or am I missing something?

Went up and then down...
Note
Beat on earnings, revenue, and guidance. Sell the news I guess, which is kinda silly considering the number of shorts....
Note
Level 2 only shows 500 shares at $46, looks like idiots who don't know how to trade AH. You don't sell on the ask with thinly traded stocks. Might actually gap down and head up tomorrow, we'll see.
Trade closed manually
Decided to dump my position whie $46 calls still had some premium. Gonna take the loss because LPSN went down fabulously and netted an extra $1.5k more than I expcted, which covers my mistake on going big on this PoS.
Note
LOL, it did recover after all, I should have had faith. Short squeeze right back up to $50 next week I'm sure. Not playing though, I hate stocks where you have to watch every minute. Too much movement on this for me.

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