Cloudflare Stock Options

NET Stock  USD 171.80  7.99  4.88%   
Cloudflare's latest option contracts expiring on May 15th 2026 are carrying combined implied volatility of 0.69 with a put-to-call open interest ratio of 0.97 over 81 outstanding agreements suggesting . The total put volume is at 100.0, with calls trading at the volume of 317. This yields a 0.32 put-to-call volume ratio.

Open Interest Against May 15th 2026 Option Contracts

Cloudflare option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Cloudflare's lending market. For example, when Cloudflare's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Cloudflare, he or she must hedge the risk by shorting Cloudflare stock over its option's life.
The chart above shows Cloudflare's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Cloudflare's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Cloudflare's option, there is no secondary market available for investors to trade.

Cloudflare Maximum Pain Price Across 2026-05-15 Option Contracts

Max pain occurs when Cloudflare's market makers reach a net positive position across all Cloudflare's options at a strike price where option holders stand to lose the most money. By contrast, Cloudflare's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Cloudflare

Analyzing Cloudflare's in-the-money options over time can help investors to take a profitable long position in Cloudflare regardless of its overall volatility. This is especially true when Cloudflare's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Cloudflare's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Cloudflare's stock while costing only a fraction of its price.

Cloudflare In The Money Call Balance

When Cloudflare's strike price is surpassing the current stock price, the option contract against Cloudflare stock is said to be in the money. When it comes to buying Cloudflare's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Cloudflare are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Cloudflare Current Options Market Mood

Cloudflare's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Cloudflare Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Cloudflare's options investors are not very successful. Cloudflare's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Cloudflare contract

Base on the Rule 16, the options market is currently suggesting that Cloudflare will have an average daily up or down price movement of about 0.0431% per day over the life of the 2026-05-15 option contract. With Cloudflare trading at USD 171.8, that is roughly USD 0.0741. If you think that the market is fully incorporating Cloudflare's daily price movement you should consider buying Cloudflare options at the current volatility level of 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Cloudflare options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Cloudflare calls. Remember, the seller must deliver Cloudflare stock to the call owner when a call is exercised.

Cloudflare Option Chain

When Cloudflare's strike price is surpassing the current stock price, the option contract against Cloudflare stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Cloudflare's option chain is a display of a range of information that helps investors for ways to trade options on Cloudflare. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cloudflare. It also shows strike prices and maturity days for a Cloudflare against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
NET260515C0038000074380.00.0 - 0.530.42Out
Call
NET260515C0037000022370.00.0 - 0.560.6Out
Call
NET260515C0036000059360.00.0 - 0.590.76Out
Call
NET260515C003500005350.00.01 - 0.631.01Out
Call
NET260515C0034000024340.00.15 - 0.670.24Out
Call
NET260515C00330000126330.00.07 - 0.730.59Out
Call
NET260515C0032000059320.00.15 - 0.811.75Out
Call
NET260515C0031000014310.00.24 - 0.90.51Out
Call
NET260515C00300000166300.00.02 - 1.010.75Out
Call
NET260515C00290000235290.00.74 - 1.391.0Out
Call
NET260515C00280000131280.01.08 - 1.571.53Out
Call
NET260515C00270000153270.01.43 - 1.821.45Out
Call
NET260515C0026000079260.01.87 - 2.341.82Out
Call
NET260515C00250000168250.02.4 - 3.12.75Out
Call
NET260515C00240000150240.03.4 - 4.23.8Out
Call
NET260515C00230000148230.04.45 - 5.44.45Out
Call
NET260515C00220000152220.05.8 - 7.15.93Out
Call
NET260515C00210000554210.08.5 - 9.08.63Out
Call
NET260515C00200000330200.011.05 - 11.6511.22Out
Call
NET260515C0019500045195.012.55 - 13.112.3Out
Call
NET260515C00190000151190.014.15 - 14.714.04Out
Call
NET260515C0018500072185.015.95 - 16.7516.55Out
Call
NET260515C00180000132180.017.15 - 18.3517.43Out
Call
NET260515C0017500032175.018.9 - 21.019.23Out
Call
NET260515C0017000049170.021.4 - 23.3521.3In
Call
NET260515C0016500021165.023.65 - 25.424.0In
Call
NET260515C0016000029160.026.55 - 28.4523.75In
Call
NET260515C001550004155.029.45 - 31.738.65In
Call
NET260515C00150000105150.032.3 - 34.8534.7In
Call
NET260515C0014500039145.035.45 - 38.0578.05In
Call
NET260515C001400002140.039.4 - 41.7537.26In
Call
NET260515C001350004135.042.85 - 45.3535.0In
Call
NET260515C0013000021130.046.6 - 49.1566.86In
Call
NET260515C0012500012125.050.6 - 53.256.81In
Call
NET260515C0012000017120.054.75 - 57.3566.84In
Call
NET260515C0011500012115.059.15 - 61.5549.9In
Call
NET260515C001100008110.063.5 - 65.954.3In
Call
NET260515C001000006100.072.2 - 74.966.5In
Call
NET260515C00090000290.081.5 - 84.2111.85In
Call
NET260515C00085000185.086.5 - 89.55110.83In
 Put
NET260515P003800000380.0206.8 - 210.0206.8In
 Put
NET260515P003700000370.0196.7 - 200.0172.8In
 Put
NET260515P003600000360.0186.7 - 190.0146.2In
 Put
NET260515P003500000350.0176.7 - 180.0153.8In
 Put
NET260515P003400000340.0166.8 - 170.0166.8In
 Put
NET260515P003300000330.0156.7 - 160.0156.7In
 Put
NET260515P003200000320.0146.5 - 150.0140.2In
 Put
NET260515P003100000310.0136.55 - 140.15136.55In
 Put
NET260515P003000000300.0127.0 - 129.75120.55In
 Put
NET260515P002900000290.0116.8 - 120.1110.95In
 Put
NET260515P002700003270.097.75 - 100.692.2In
 Put
NET260515P002600002260.088.2 - 90.683.0In
 Put
NET260515P002500002250.078.75 - 81.3591.21In
 Put
NET260515P0024000017240.069.55 - 72.180.97In
 Put
NET260515P0023000011230.060.65 - 63.1571.94In
 Put
NET260515P002200009220.052.35 - 54.6538.45In
 Put
NET260515P0021000024210.044.7 - 46.6532.23In
 Put
NET260515P00200000136200.036.4 - 38.735.85In
 Put
NET260515P00195000712195.033.7 - 35.5535.4In
 Put
NET260515P0019000034190.029.55 - 32.136.76In
 Put
NET260515P0018500080185.026.75 - 28.8518.45In
 Put
NET260515P0018000056180.023.8 - 25.4526.89In
 Put
NET260515P00175000730175.021.2 - 22.327.0In
 Put
NET260515P00170000152170.018.6 - 19.820.22Out
 Put
NET260515P0016500096165.016.3 - 17.6516.81Out
 Put
NET260515P00160000180160.014.1 - 15.3518.75Out
 Put
NET260515P00155000267155.012.15 - 13.2516.3Out
 Put
NET260515P00150000289150.010.35 - 11.012.06Out
 Put
NET260515P0014500050145.08.6 - 9.68.95Out
 Put
NET260515P0014000041140.07.3 - 7.910.15Out
 Put
NET260515P0013500031135.06.2 - 6.857.44Out
 Put
NET260515P0013000024130.04.95 - 5.756.4Out
 Put
NET260515P0012500070125.04.0 - 4.555.35Out
 Put
NET260515P0012000024120.03.3 - 3.94.74Out
 Put
NET260515P0011500012115.02.64 - 3.052.7Out
 Put
NET260515P00110000249110.01.96 - 2.72.34Out
 Put
NET260515P001050002105.01.52 - 1.91.77Out
 Put
NET260515P0010000014100.01.06 - 1.651.4Out
 Put
NET260515P00095000295.00.71 - 1.310.72Out
 Put
NET260515P00090000590.00.51 - 1.040.61Out
 Put
NET260515P00085000285.00.12 - 0.870.43Out

Cloudflare Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Cloudflare Total Stockholder Equity

Total Stockholder Equity

742.81 Million

At this time, Cloudflare's Total Stockholder Equity is comparatively stable compared to the past year.

Cloudflare Corporate Management

Paul UnderwoodChief OfficerProfile
Lee HollowayCo-FounderProfile
Darth SriBearSystems Reliability EngineerProfile
JohnChief OfficerProfile
Douglas JDChief SecretaryProfile

Additional Tools for Cloudflare Stock Analysis

When running Cloudflare's price analysis, check to measure Cloudflare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.