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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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