Bullish option flow detected in Cloudflare with 8,480 calls trading, 1.7x expected, and implied vol increasing over 1 point to 87.65%. Feb-23 55 calls and 1/27 weekly 50 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.45. Earnings are expected on February 9th.
Published first on TheFly
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