NET260515C00200000 Option on Cloudflare

NET Stock  USD 172.19  2.47  1.41%   
NET260515C00200000 is a PUT option contract on Cloudflare's common stock with a strick price of 200.0 expiring on 2026-05-15. The contract was not traded in recent days and, as of today, has 74 days remaining before the expiration. The option is currently trading at a bid price of $9.85, and an ask price of $11.35. The implied volatility as of the 2nd of March is 74.0.
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 2026-05-15 Option Contract

The options market is anticipating that Cloudflare will have an average daily up or down price movement of about 0.0387% per day over the life of the option. With Cloudflare trading at USD 172.19, that is roughly USD 0.0666. 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 0.62%. 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 NameNET260515C00200000
Expires On2026-05-15
Days Before Expriration74
Delta0.358964
Vega0.293647
Gamma0.007682
Theoretical Value10.24
Open Interest329
Current Trading Volume5.0
Strike Price200.0
Last Traded At10.24
Current Price Spread9.85 | 11.35
Rule 16 Daily Up or DownUSD 0.0666

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-05-15 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.
Delta0.358964
Gamma0.007682
Theta-0.124889
Vega0.293647
Rho0.107383

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 210.24 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 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
NET260515C0038000074380.00.0 - 0.960.42Out
Call
NET260515C0037000022370.00.0 - 1.10.6Out
Call
NET260515C0036000059360.00.0 - 0.910.76Out
Call
NET260515C003500005350.00.0 - 1.521.01Out
Call
NET260515C0034000024340.00.11 - 0.970.24Out
Call
NET260515C00330000126330.00.0 - 1.790.59Out
Call
NET260515C0032000059320.00.0 - 1.051.75Out
Call
NET260515C0031000014310.00.27 - 0.910.51Out
Call
NET260515C00300000167300.00.55 - 0.990.58Out
Call
NET260515C00290000236290.00.61 - 1.251.0Out
Call
NET260515C00280000131280.00.81 - 1.551.35Out
Call
NET260515C00270000156270.01.14 - 1.961.89Out
Call
NET260515C0026000077260.01.61 - 2.472.37Out
Call
NET260515C00250000175250.02.1 - 3.23.09Out
Call
NET260515C00240000152240.02.94 - 4.14.1Out
Call
NET260515C00230000151230.03.85 - 5.254.44Out
Call
NET260515C00220000154220.05.15 - 6.855.93Out
Call
NET260515C00210000546210.07.05 - 8.858.0Out
Call
NET260515C00200000329200.09.85 - 11.3510.24Out
Call
NET260515C0019500032195.010.85 - 12.911.05Out
Call
NET260515C00190000115190.014.05 - 14.914.05Out
Call
NET260515C0018500076185.015.0 - 16.515.15Out
Call
NET260515C00180000125180.016.25 - 18.920.07Out
Call
NET260515C0017500062175.018.4 - 20.719.8Out
Call
NET260515C0017000069170.020.85 - 23.219.7In
Call
NET260515C0016500019165.024.0 - 25.822.5In
Call
NET260515C0016000029160.026.15 - 29.026.25In
Call
NET260515C001550004155.029.2 - 31.6538.65In
Call
NET260515C0015000074150.032.4 - 34.9534.75In
Call
NET260515C0014500039145.035.55 - 38.0541.65In
Call
NET260515C001400005140.039.05 - 41.539.64In
Call
NET260515C001350004135.042.6 - 45.3535.0In
Call
NET260515C0013000021130.046.55 - 48.8566.86In
Call
NET260515C0012500012125.050.55 - 52.950.01In
Call
NET260515C0012000017120.054.65 - 56.9566.84In
Call
NET260515C0011500012115.058.9 - 62.1549.9In
Call
NET260515C001100008110.063.2 - 66.554.3In
Call
NET260515C001000006100.072.25 - 75.066.5In
Call
NET260515C00090000290.081.6 - 84.75111.85In
Call
NET260515C00085000185.086.35 - 89.9110.83In

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.