NET260515P00290000 Option on Cloudflare

NET Stock  USD 177.14  15.50  8.05%   
NET260515P00290000 is a PUT option contract on Cloudflare's common stock with a strick price of 290.0 expiring on 2026-05-15. The contract was not traded in recent days and, as of today, has 83 days remaining before the expiration. The option is currently trading at a bid price of $111.35, and an ask price of $114.75. The implied volatility as of the 21st of February is 83.0.
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 0.0375% per day over the life of the option. With Cloudflare trading at USD 177.14, that is roughly USD 0.0664. 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 0.6%. 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 NameNET260515P00290000
Expires On2026-05-15
Days Before Expriration83
Vega0.060293
Gamma0.001607
Theoretical Value113.05
Open Interest1
Strike Price290.0
Last Traded At110.95
Current Price Spread111.35 | 114.75
Rule 16 Daily Up or DownUSD 0.0664

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-05-15 at a strike price of 290.0 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-0.965026
Gamma0.001607
Theta-0.015294
Vega0.060293
Rho-0.144997

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 176.95 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 290.0, 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
NET260515P00085000185.00.0 - 2.341.1Out
 Put
NET260515P00090000590.00.0 - 2.440.61Out
 Put
NET260515P00095000295.00.0 - 2.560.72Out
 Put
NET260515P001000003100.00.0 - 2.70.7Out
 Put
NET260515P001050002105.00.0 - 2.891.77Out
 Put
NET260515P00110000247110.01.28 - 1.91.48Out
 Put
NET260515P0011500011115.01.69 - 2.552.15Out
 Put
NET260515P0012000022120.01.31 - 3.71.9Out
 Put
NET260515P0012500066125.02.04 - 3.62.35Out
 Put
NET260515P0013000021130.03.7 - 4.53.7Out
 Put
NET260515P0013500029135.04.7 - 5.654.7Out
 Put
NET260515P0014000021140.05.0 - 6.657.73Out
 Put
NET260515P0014500048145.06.45 - 7.955.75Out
 Put
NET260515P00150000286150.07.55 - 9.556.32Out
 Put
NET260515P00155000267155.09.6 - 11.09.4Out
 Put
NET260515P00160000170160.011.55 - 13.159.6Out
 Put
NET260515P0016500095165.013.25 - 15.2513.98Out
 Put
NET260515P00170000106170.016.1 - 17.416.39Out
 Put
NET260515P00175000736175.017.95 - 19.8518.36Out
 Put
NET260515P0018000055180.021.05 - 22.5522.2In
 Put
NET260515P0018500058185.023.55 - 25.5524.05In
 Put
NET260515P0019000028190.026.15 - 28.6525.87In
 Put
NET260515P00195000725195.029.75 - 31.7523.4In
 Put
NET260515P00200000134200.033.2 - 35.1530.11In
 Put
NET260515P0021000024210.040.35 - 42.832.23In
 Put
NET260515P0022000010220.048.0 - 50.339.97In
 Put
NET260515P002300001230.056.2 - 58.740.2In
 Put
NET260515P0024000017240.064.8 - 67.5555.52In
 Put
NET260515P002500003250.073.25 - 76.765.9In
 Put
NET260515P002600002260.082.5 - 85.7583.0In
 Put
NET260515P002700003270.091.95 - 95.692.2In
 Put
NET260515P002900001290.0111.35 - 114.75110.95In
 Put
NET260515P003000001300.0121.15 - 124.85120.55In
 Put
NET260515P003100000310.0130.95 - 134.9130.95In
 Put
NET260515P003200001320.0140.9 - 144.85140.2In
 Put
NET260515P003300000330.0150.75 - 154.85150.75In
 Put
NET260515P003400000340.0160.85 - 164.85160.85In
 Put
NET260515P003500000350.0170.75 - 174.85153.8In
 Put
NET260515P003600000360.0180.75 - 184.85146.2In
 Put
NET260515P003700000370.0190.75 - 194.85172.8In
 Put
NET260515P003800000380.0200.75 - 204.85200.75In

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.