Bullish option flow detected in Cloudflare with 9,958 calls trading, 1.4x expected, and implied vol increasing over 2 points to 87.62%. Aug-23 60 calls and Feb-23 45 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.49. Earnings are expected on February 9th.
Published first on TheFly
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