Bullish option flow detected in Cloudflare with 16,464 calls trading, 2x expected, and implied vol increasing over 2 points to 80.93%. Dec-22 40 calls and Dec-22 52 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.30. Earnings are expected on February 9th.
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Published first on TheFly
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