Bearish flow noted in Cloudflare with 13,212 puts trading, or 5x expected. Most active are 11/10 weekly 50 puts and 11/3 weekly 46 puts, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 1.95, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.
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