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Cloudflare call volume above normal and directionally bullish

Bullish option flow detected in Cloudflare with 14,324 calls trading, 2x expected, and implied vol increasing over 1 point to 40.49%. 9/27 weekly 85 calls and Sep-24 76 puts are the most active options, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 7th.

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