NET260320P00200000 Option on Cloudflare

NET Stock  USD 182.78  4.18  2.24%   
NET260320P00200000 is a PUT option contract on Cloudflare's common stock with a strick price of 200.0 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 $26.35, and an ask price of $27.45. 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 0.0335% per day over the life of the option. With Cloudflare trading at USD 182.78, that is roughly USD 0.0613. 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 0.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Cloudflare

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Cloudflare positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Cloudflare Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameNET260320P00200000
Expires On2026-03-20
Days Before Expriration69
Vega0.306253
Gamma0.009167
Theoretical Value26.9
Open Interest450
Current Trading Volume1.0
Strike Price200.0
Last Traded At26.31
Current Price Spread26.35 | 27.45
Rule 16 Daily Up or DownUSD 0.0613

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-03-20 at a strike price of 200.0 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.
Delta-0.600021
Gamma0.009167
Theta-0.108361
Vega0.306253
Rho-0.198868

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 173.1 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 200.0, 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
NET260417P003000000300.0115.55 - 118.75115.55In
 Put
NET260417P002900000290.0105.85 - 108.8105.85In
 Put
NET260417P002800000280.095.55 - 98.395.55In
 Put
NET260417P002700000270.085.8 - 88.785.8In
 Put
NET260417P002600000260.076.3 - 79.076.3In
 Put
NET260417P002500002250.066.95 - 69.5549.85In
 Put
NET260417P002400000240.058.3 - 60.5558.3In
 Put
NET260417P002300003230.049.75 - 52.1539.5In
 Put
NET260417P0022000010220.041.25 - 44.432.2In
 Put
NET260417P0021000023210.034.3 - 36.1533.1In
 Put
NET260417P0020000033200.028.8 - 29.324.5In
 Put
NET260417P0019500016195.025.55 - 26.1525.0In
 Put
NET260417P001900007190.022.55 - 23.2522.2In
 Put
NET260417P001850009185.018.4 - 21.319.65In
 Put
NET260417P0018000032180.015.6 - 18.517.1Out
 Put
NET260417P00175000412175.014.85 - 15.4514.8Out
 Put
NET260417P00170000151170.012.7 - 13.2512.8Out
 Put
NET260417P001650004165.010.25 - 11.69.55Out
 Put
NET260417P00160000135160.09.05 - 9.58.0Out
 Put
NET260417P0015500030155.07.5 - 8.07.75Out
 Put
NET260417P0015000011150.06.15 - 6.655.95Out
 Put
NET260417P001450004145.03.7 - 6.44.9Out
 Put
NET260417P0014000014140.03.4 - 4.652.96Out
 Put
NET260417P001350002135.02.62 - 3.652.55Out
 Put
NET260417P001300002130.02.5 - 2.952.5Out
 Put
NET260417P0012500010125.01.75 - 2.532.3Out
 Put
NET260417P001200003120.01.34 - 1.981.5Out
 Put
NET260417P0011000049110.00.0 - 1.11.0Out
 Put
NET260417P001000001100.00.15 - 0.81.67Out
 Put
NET260417P000950004095.00.01 - 0.650.85Out

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.