Bullish option flow detected in Cloudflare with 16,430 calls trading, 1.6x expected, and implied vol increasing almost 6 points to 88.29%. Jan-23 50 calls and 2/24 weekly 34 puts are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.44. Earnings are expected on February 9th.
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Published first on TheFly
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