NET260320P00047500 Option on Cloudflare

NET Stock  USD 198.00  0.34  0.17%   
NET260320P00047500 is a PUT option contract on Cloudflare's common stock with a strick price of 47.5 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 73 days remaining before the expiration. The option is currently trading at an ask price of $2.13. The implied volatility as of the 6th of January is 73.0.
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 0.13% per day over the life of the option. With Cloudflare trading at USD 198.0, that is roughly USD 0.25. 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 2.05%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameNET260320P00047500
Expires On2026-03-20
Days Before Expriration73
Vega0.046603
Gamma2.87E-4
Theoretical Value2.13
Open Interest22
Strike Price47.5
Last Traded At0.11
Current Price Spread0.0 | 2.13
Rule 16 Daily Up or DownUSD 0.25

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-03-20 at a strike price of 47.5 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.
Delta-0.021934
Gamma2.87E-4
Theta-0.063846
Vega0.046603
Rho-0.012098

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 45.37 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 47.5, the payoff chart is constant and positive.
   Profit   
       Cloudflare Price At Expiration  
View All Cloudflare Options

Cloudflare Available Put 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
 Put
NET260320P003800000380.0180.15 - 183.6180.15In
 Put
NET260320P003700000370.0170.2 - 173.6170.2In
 Put
NET260320P003600000360.0160.2 - 163.6160.2In
 Put
NET260320P003500000350.0150.15 - 153.6150.15In
 Put
NET260320P003400000340.0140.15 - 143.7140.15In
 Put
NET260320P003300000330.0130.15 - 133.6130.15In
 Put
NET260320P003200000320.0120.15 - 123.6120.15In
 Put
NET260320P003100000310.0110.2 - 113.9101.65In
 Put
NET260320P003000000300.0100.15 - 103.8572.0In
 Put
NET260320P002900001290.090.25 - 93.2555.0In
 Put
NET260320P002800002280.080.5 - 83.583.2In
 Put
NET260320P002700002270.071.3 - 74.353.25In
 Put
NET260320P002600001260.062.35 - 64.535.91In
 Put
NET260320P0025000039250.052.9 - 55.5555.12In
 Put
NET260320P0024000086240.044.3 - 46.6546.04In
 Put
NET260320P0023000090230.037.05 - 38.837.39In
 Put
NET260320P00220000158220.030.45 - 31.5530.05In
 Put
NET260320P00210000614210.023.6 - 24.922.3In
 Put
NET260320P00200000461200.018.9 - 19.2518.6In
 Put
NET260320P00195000642195.016.4 - 16.7514.2Out
 Put
NET260320P00190000169190.014.1 - 14.713.67Out
 Put
NET260320P00185000156185.012.05 - 12.311.6Out
 Put
NET260320P00180000818180.010.15 - 10.410.84Out
 Put
NET260320P00175000649175.08.5 - 8.658.45Out
 Put
NET260320P00170000322170.07.05 - 7.67.0Out
 Put
NET260320P0016500051165.05.8 - 6.255.05Out
 Put
NET260320P00160000126160.04.7 - 4.954.8Out
 Put
NET260320P00155000584155.03.55 - 4.53.85Out
 Put
NET260320P00150000210150.02.51 - 3.33.0Out
 Put
NET260320P0014500034145.02.27 - 2.632.14Out
 Put
NET260320P001400001234140.01.5 - 2.141.7Out
 Put
NET260320P0013500018135.01.3 - 1.931.46Out
 Put
NET260320P00130000145130.00.74 - 1.421.18Out
 Put
NET260320P001250001222125.00.47 - 1.280.87Out
 Put
NET260320P00120000150120.00.3 - 1.030.75Out
 Put
NET260320P0011500071115.00.14 - 1.020.8Out
 Put
NET260320P00110000105110.00.02 - 0.860.69Out
 Put
NET260320P0010500026105.00.12 - 0.553.76Out
 Put
NET260320P00100000399100.00.2 - 0.50.25Out
 Put
NET260320P00097500397.50.02 - 0.460.4Out
 Put
NET260320P000950001695.00.0 - 0.651.0Out
 Put
NET260320P00092500892.50.0 - 0.620.62Out
 Put
NET260320P0009000022090.00.0 - 0.590.5Out
 Put
NET260320P0008500014685.00.0 - 0.550.69Out
 Put
NET260320P000800006980.00.0 - 0.510.4Out
 Put
NET260320P000750006275.00.0 - 1.010.07Out
 Put
NET260320P000700002170.00.0 - 2.181.16Out
 Put
NET260320P000650002065.00.01 - 0.550.07Out
 Put
NET260320P000600002360.00.0 - 0.810.26Out
 Put
NET260320P00055000455.00.0 - 2.142.14Out
 Put
NET260320P00050000150.00.0 - 2.141.03Out
 Put
NET260320P000475002247.50.0 - 2.130.11Out

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.