Cloudflare call volume above normal and directionally bullish
The Fly

Cloudflare call volume above normal and directionally bullish

Bullish option flow detected in Cloudflare with 6,260 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 48.81%. Oct-24 100 calls and 10/4 weekly 80 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.28. Earnings are expected on November 7th.

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