Deep-pocketed investors have adopted a bearish approach towards Cloudflare NET, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NET usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Cloudflare. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 50% bearish. Among these notable options, 2 are puts, totaling $141,144, and 10 are calls, amounting to $469,887.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $135.0 for Cloudflare, spanning the last three months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Cloudflare's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Cloudflare's substantial trades, within a strike price spectrum from $45.0 to $135.0 over the preceding 30 days.
Cloudflare 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NET | PUT | SWEEP | BULLISH | 02/07/25 | $5.25 | $5.2 | $5.25 | $112.00 | $113.8K | 0 | 217 |
| NET | CALL | TRADE | BEARISH | 01/16/26 | $22.25 | $21.95 | $21.95 | $120.00 | $89.9K | 779 | 51 |
| NET | CALL | TRADE | BEARISH | 02/21/25 | $10.85 | $10.6 | $10.69 | $110.00 | $53.4K | 3.1K | 61 |
| NET | CALL | SWEEP | BULLISH | 01/31/25 | $5.1 | $5.05 | $5.1 | $114.00 | $50.9K | 14 | 101 |
| NET | CALL | TRADE | BEARISH | 01/15/27 | $34.65 | $33.95 | $33.96 | $115.00 | $50.9K | 99 | 15 |
About Cloudflare
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
In light of the recent options history for Cloudflare, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Cloudflare's Current Market Status
- Trading volume stands at 2,380,874, with NET's price up by 4.43%, positioned at $112.44.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 35 days.
What Analysts Are Saying About Cloudflare
In the last month, 4 experts released ratings on this stock with an average target price of $131.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a positive move, an analyst from Goldman Sachs has upgraded their rating to Buy and adjusted the price target to $140. * Showing optimism, an analyst from Stifel upgrades its rating to Buy with a revised price target of $136. * An analyst from Jefferies has decided to maintain their Hold rating on Cloudflare, which currently sits at a price target of $125. * Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for Cloudflare, targeting a price of $125.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cloudflare options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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