Bullish option flow detected in Cloudflare with 6,330 calls trading, 1.5x expected, and implied vol increasing over 3 points to 67.64%. 8/2 weekly 86 calls and Aug-24 72.5 puts are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.35. Earnings are expected on August 1st.
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