Bullish option flow detected in Cloudflare with 22,027 calls trading, 2x expected, and implied vol increasing almost 2 points to 86.87%. 2/3 weekly 52 calls and 1/27 weekly 44.5 puts are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.63. Earnings are expected on February 9th.
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Published first on TheFly
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