NET260320C00270000 Option on Cloudflare

NET Stock  USD 182.78  4.18  2.24%   
NET260320C00270000 is a PUT option contract on Cloudflare's common stock with a strick price of 270.0 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 69 days remaining before the expiration. The option is currently trading at a bid price of $1.15, and an ask price of $1.34. The implied volatility as of the 10th of January is 69.0.
When exercised, put options on Cloudflare produce a short position in Cloudflare Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Cloudflare's downside price movement.

Rule 16 of 2026-03-20 Option Contract

The options market is anticipating that Cloudflare will have an average daily up or down price movement of about 0.0343% per day over the life of the option. With Cloudflare trading at USD 182.78, that is roughly USD 0.0626. If you think that the market is fully understating Cloudflare's daily price movement you should consider buying Cloudflare options at that current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Cloudflare

An 'Out of The Money' option on Cloudflare has a strike price that Cloudflare Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Cloudflare's 'Out of The Money' options include buying the options if you expect a big move in Cloudflare's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameNET260320C00270000
Expires On2026-03-20
Days Before Expriration69
Delta0.068369
Vega0.104792
Gamma0.003025
Theoretical Value1.2
Open Interest200
Current Trading Volume1.0
Strike Price270.0
Last Traded At1.2
Current Price Spread1.15 | 1.34
Rule 16 Daily Up or DownUSD 0.0626

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-03-20 at a strike price of 270.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Cloudflare's option greeks, its implied volatility helps estimate the risk of Cloudflare stock implied by the prices of the options on Cloudflare's stock.
Delta0.068369
Gamma0.003025
Theta-0.042782
Vega0.104792
Rho0.021357

Cloudflare long PUT Option Payoff at expiration

Put options written on Cloudflare grant holders of the option the right to sell a specified amount of Cloudflare at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Cloudflare Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Cloudflare is like buying insurance aginst Cloudflare's downside shift.
   Profit   
       Cloudflare Price At Expiration  

Cloudflare short PUT Option Payoff at expiration

By selling Cloudflare's put option, the investors signal their bearish sentiment. A short position in a put option written on Cloudflare will generally make money when the underlying price is above the strike price. Therefore Cloudflare's put payoff at expiration depends on where the Cloudflare Stock price is relative to the put option strike price. The breakeven price of 271.2 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Cloudflare's price. Finally, at the strike price of 270.0, the payoff chart is constant and positive.
   Profit   
       Cloudflare Price At Expiration  
View All Cloudflare Options

Cloudflare Available Call Options

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
NET260417C003000002567300.00.44 - 1.160.84Out
Call
NET260417C002900003290.00.75 - 1.314.35Out
Call
NET260417C002800009280.01.25 - 1.631.78Out
Call
NET260417C0027000023270.01.66 - 2.294.3Out
Call
NET260417C002600007260.02.5 - 2.92.61Out
Call
NET260417C00250000128250.02.65 - 3.853.44Out
Call
NET260417C00240000268240.04.4 - 4.84.6Out
Call
NET260417C0023000094230.05.85 - 6.356.25Out
Call
NET260417C0022000041220.07.75 - 8.38.3Out
Call
NET260417C0021000067210.010.25 - 10.810.95Out
Call
NET260417C0020000091200.013.35 - 13.914.2Out
Call
NET260417C0019500032195.015.2 - 15.715.56Out
Call
NET260417C001900006190.017.15 - 17.818.5Out
Call
NET260417C0018500010185.019.3 - 20.920.35Out
Call
NET260417C001800004180.021.65 - 23.922.5In
Call
NET260417C001750003175.023.5 - 26.525.45In
Call
NET260417C001650004165.029.8 - 32.5538.55In
Call
NET260417C001600003160.033.15 - 35.945.14In
Call
NET260417C001550002155.036.85 - 39.2553.19In
Call
NET260417C001400001140.047.55 - 50.650.05In
Call
NET260417C001250002125.060.2 - 63.2570.0In
Call
NET260417C001200006120.064.7 - 67.770.0In

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.