Pre-earnings options volume in Cloudflare (NET) is 2.3x normal with puts leading calls 6:5. Implied volatility suggests the market is anticipating a move near 9.9%, or $14.04, after results are released. Median move over the past eight quarters is 10.4%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NET: