Bullish option flow detected in Cloudflare with 7,440 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 80.05%. Jan-23 55 calls and 12/9 weekly 45 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.38. Earnings are expected on February 9th.
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Published first on TheFly
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