Notable Thursday Option Activity: GS, DDOG, RTX

Datadog (DDOG) and RTX Corp (RTX) are experiencing unusually high options trading volumes, particularly in long-dated call options, indicating significant investor interest or hedging activity. DDOG's options volume reached 67,318 contracts, representing 109% of its average daily share volume, with substantial activity in the August 2025 $145 call option. Similarly, RTX saw 32,221 options contracts trade, equating to 82.2% of its average daily share volume, concentrated in the August 2025 $162.50 call.

Analysis

Significant and unusual options market activity was observed in both Datadog (DDOG) and RTX Corp (RTX), primarily concentrated in long-dated call options. For Datadog, total options volume reached 67,318 contracts, equivalent to approximately 6.7 million shares and representing a notable 109% of its average daily share trading volume. The activity was heavily focused on the August 29, 2025, $145 strike call, which accounted for 18,808 contracts alone. Similarly, RTX experienced options volume of 32,221 contracts, or 82.2% of its average daily volume, with a remarkable concentration of 25,867 contracts in the August 29, 2025, $162.50 strike call. The lack of a fundamental catalyst in the provided text, combined with the neutral sentiment score, suggests this activity is a technical market signal. Such large, specific, and long-dated call buying could indicate a significant institutional investor establishing a bullish position with a multi-year horizon or executing a complex hedging strategy.

Key Decisions for Investors

• Investors should view the high volume in long-dated call options for DDOG and RTX as a potentially significant bullish signal from well-informed market participants, possibly preceding a future catalyst not yet public.
• It is prudent to investigate any recent sector-specific news, analyst rating changes, or upcoming investor events for both companies that might explain this sudden, concentrated interest.