DDOG Options Chain Analysis

As of previous close (2026-10-22) · OPRA historical data

Spot $258 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.95

104k P / 110k C

Put/Call (Volume)

1.97

7k P / 3k C that session

30d ATM IV

80%

annualized implied move

Call wall

$300

11k contracts

Put wall

$200

6k contracts

Tail hedging

1.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (11k contracts), 16% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $200 (6k contracts), 22% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 80% — the market prices very large moves; option premium is expensive.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-11-20. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-23	7k	8k	1.04	4k
2026-10-30	4k	3k	0.81	2k
2026-11-06	2k	3k	1.55	445
2026-11-13	348	959	2.76	218
2026-11-20	12k	11k	0.95	688
2026-11-27	131	312	2.38	38
2026-12-04	0	0	—	2
2026-12-18	20k	15k	0.75	708
2027-01-15	30k	29k	0.95	2k
2027-03-19	8k	10k	1.26	436
2027-04-16	567	833	1.47	18
2027-06-17	3k	5k	1.83	25
2027-09-17	533	889	1.67	110
2028-01-21	12k	10k	0.84	68
2028-06-16	4k	3k	0.64	5
2028-12-15	6k	5k	0.81	4
2029-01-19	141	263	1.87	8

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.