NET260515P00200000 Option on Cloudflare

NET Stock  USD 181.02  8.83  5.13%   
NET260515P00200000 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 73 days remaining before the expiration. The option is currently trading at a bid price of $31.55, and an ask price of $34.0. The implied volatility as of the 3rd of March 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 2026-05-15 Option Contract

The options market is anticipating that Cloudflare will have an average daily up or down price movement of about 0.042% per day over the life of the option. With Cloudflare trading at USD 181.02, that is roughly USD 0.076. 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 0.67%. 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 NameNET260515P00200000
Expires On2026-05-15
Days Before Expriration73
Vega0.320362
Gamma0.007253
Theoretical Value32.78
Open Interest136
Strike Price200.0
Last Traded At37.21
Current Price Spread31.55 | 34.0
Rule 16 Daily Up or DownUSD 0.076

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.
Delta-0.565035
Gamma0.007253
Theta-0.134495
Vega0.320362
Rho-0.216992

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 167.22 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
NET260515P003800000380.0197.55 - 201.25197.55In
 Put
NET260515P003700000370.0187.6 - 191.15172.8In
 Put
NET260515P003600000360.0177.6 - 181.3146.2In
 Put
NET260515P003500000350.0167.6 - 171.25153.8In
 Put
NET260515P003400000340.0157.6 - 161.15157.6In
 Put
NET260515P003300000330.0147.3 - 151.2147.3In
 Put
NET260515P003200000320.0137.1 - 141.3140.2In
 Put
NET260515P003100000310.0127.6 - 131.3127.6In
 Put
NET260515P003000000300.0117.65 - 121.1120.55In
 Put
NET260515P002900000290.0108.7 - 111.35110.95In
 Put
NET260515P002700003270.088.8 - 92.192.2In
 Put
NET260515P002600002260.080.15 - 82.7583.0In
 Put
NET260515P002500002250.071.05 - 73.391.21In
 Put
NET260515P0024000017240.062.3 - 64.880.97In
 Put
NET260515P0023000011230.053.9 - 56.471.94In
 Put
NET260515P002200009220.045.85 - 48.1538.45In
 Put
NET260515P0021000027210.038.65 - 40.843.0In
 Put
NET260515P00200000136200.031.55 - 34.037.21In
 Put
NET260515P00195000713195.028.75 - 30.835.4In
 Put
NET260515P0019000034190.025.7 - 27.226.65In
 Put
NET260515P0018500074185.023.0 - 24.223.75In
 Put
NET260515P0018000058180.020.05 - 21.824.4Out
 Put
NET260515P00175000729175.017.7 - 19.7520.77Out
 Put
NET260515P00170000155170.015.5 - 17.620.69Out
 Put
NET260515P0016500098165.013.5 - 15.3516.42Out
 Put
NET260515P00160000178160.011.65 - 12.715.1Out
 Put
NET260515P00155000267155.09.95 - 10.910.45Out
 Put
NET260515P00150000292150.08.5 - 9.9510.08Out
 Put
NET260515P0014500050145.07.2 - 8.358.15Out
 Put
NET260515P0014000037140.05.9 - 7.17.98Out
 Put
NET260515P0013500032135.04.65 - 6.25.86Out
 Put
NET260515P0013000025130.03.85 - 5.655.5Out
 Put
NET260515P0012500080125.03.1 - 4.75.35Out
 Put
NET260515P0012000024120.02.45 - 3.853.32Out
 Put
NET260515P0011500012115.01.95 - 3.152.7Out
 Put
NET260515P00110000274110.01.53 - 2.432.08Out
 Put
NET260515P001050002105.01.15 - 1.661.7Out
 Put
NET260515P0010000014100.00.84 - 1.51.4Out
 Put
NET260515P00095000295.00.49 - 1.190.72Out
 Put
NET260515P00090000690.00.42 - 0.930.7Out
 Put
NET260515P00085000985.00.17 - 0.750.47Out

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.