Cloudflare call volume above normal and directionally bullish
Bullish option flow detected in Cloudflare with 8,833 calls trading, 2x expected, and implied vol increasing almost 3 points to 75.27%. Jul-26 270 calls and Jul-26 260 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.34. Earnings are expected on July 30