This Is What Whales Are Betting On Cloudflare - Cloudflare (NYSE:NET)

Group 1: Options Trading Activity - Whales have adopted a bearish stance on Cloudflare, with 41% of investors opening trades with bearish expectations compared to 33% with bullish expectations [1] - A total of 12 trades were detected, comprising 3 puts amounting to $114,101 and 9 calls totaling $499,770 [1] - The big players are targeting a price range for Cloudflare between $90.0 and $200.0 over the past quarter [2] Group 2: Volume and Open Interest - Analyzing volume and open interest is crucial for understanding liquidity and investor interest in Cloudflare's options [3] - The fluctuation in volume and open interest for both calls and puts has been linked to substantial trades within the strike price spectrum of $90.0 to $200.0 over the last 30 days [3] Group 3: Company Overview and Market Status - Cloudflare is a San Francisco-based software company that provides security and web performance services through a distributed, serverless content delivery network [4] - The average target price from 5 expert ratings on Cloudflare is $216.0 [6] - As of the latest data, Cloudflare's stock price is $187.44, reflecting a 0.86% increase with a trading volume of 1,431,304 [7]