NET260320C00155000 Option on Cloudflare

NET Stock  USD 191.43  6.10  3.09%   
NET260320C00155000 is a PUT option contract on Cloudflare's common stock with a strick price of 155.0 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 92 days remaining before the expiration. The option is currently trading at a bid price of $48.05, and an ask price of $51.6. The implied volatility as of the 18th of December 2025 is 92.0.
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 2026-03-20 Option Contract

The options market is anticipating that Cloudflare will have an average daily up or down price movement of about 0.037% per day over the life of the option. With Cloudflare trading at USD 191.43, that is roughly USD 0.0709. 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 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call 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.
Call Contract NameNET260320C00155000
Expires On2026-03-20
Days Before Expriration92
Delta0.838373
Vega0.24552
Gamma0.004123
Theoretical Value49.83
Open Interest448
Strike Price155.0
Last Traded At45.22
Current Price Spread48.05 | 51.6
Rule 16 Daily Up or DownUSD 0.0709

Cloudflare short PUT Option Greeks

Cloudflare's Option Greeks for the contract ending on 2026-03-20 at a strike price of 155.0 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.
Delta0.838373
Gamma0.004123
Theta-0.088908
Vega0.24552
Rho0.298171

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 204.83 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 155.0, the payoff chart is constant and positive.
   Profit   
       Cloudflare Price At Expiration  
View All Cloudflare Options

Cloudflare Available Call 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
Call
NET260320C003800008380.00.0 - 0.851.15Out
Call
NET260320C00370000130370.00.0 - 1.110.6Out
Call
NET260320C003600001360.00.0 - 1.20.75Out
Call
NET260320C0035000020350.00.09 - 1.110.9Out
Call
NET260320C003400009340.00.01 - 1.451.61Out
Call
NET260320C00330000213330.00.08 - 1.351.6Out
Call
NET260320C00320000203320.00.4 - 1.471.69Out
Call
NET260320C00310000179310.01.0 - 1.431.91Out
Call
NET260320C00300000398300.01.3 - 1.81.6Out
Call
NET260320C00290000117290.01.9 - 2.343.3Out
Call
NET260320C00280000305280.02.36 - 3.24.7Out
Call
NET260320C00270000197270.02.81 - 4.73.6Out
Call
NET260320C00260000607260.04.2 - 5.84.5Out
Call
NET260320C00250000645250.05.85 - 6.45.9Out
Call
NET260320C00240000354240.07.75 - 8.311.8Out
Call
NET260320C00230000705230.010.15 - 10.759.75Out
Call
NET260320C00220000173220.013.15 - 13.712.54Out
Call
NET260320C002100001133210.016.7 - 17.316.21Out
Call
NET260320C00200000639200.021.0 - 21.8520.95Out
Call
NET260320C0019500041195.022.15 - 24.6523.0In
Call
NET260320C0019000093190.025.3 - 27.1525.7In
Call
NET260320C00185000345185.028.15 - 30.1536.5In
Call
NET260320C00180000199180.031.15 - 33.6538.0In
Call
NET260320C0017500035175.033.5 - 36.8543.68In
Call
NET260320C00170000740170.038.1 - 39.844.43In
Call
NET260320C00165000598165.041.35 - 43.540.0In
Call
NET260320C0016000088160.045.05 - 47.6546.95In
Call
NET260320C00155000448155.048.05 - 51.645.22In
Call
NET260320C00150000264150.052.1 - 55.5556.95In
Call
NET260320C00145000226145.057.15 - 59.464.14In
Call
NET260320C0014000036140.060.6 - 63.268.36In
Call
NET260320C0013500045135.065.05 - 68.3561.98In
Call
NET260320C00130000144130.069.85 - 72.95100.67In
Call
NET260320C00125000195125.074.9 - 77.3581.24In
Call
NET260320C0012000041120.079.55 - 82.088.71In
Call
NET260320C0011500073115.084.25 - 86.8114.3In
Call
NET260320C0011000037110.088.2 - 91.45117.0In
Call
NET260320C001050008105.093.0 - 96.4121.35In
Call
NET260320C0010000021100.097.75 - 100.9598.87In
Call
NET260320C000950001295.0102.5 - 105.95144.44In
Call
NET260320C00092500792.5104.75 - 108.3597.5In
Call
NET260320C0009000022090.0107.5 - 110.9112.1In
Call
NET260320C000850001485.0112.05 - 115.75100.36In
Call
NET260320C000800002880.0117.2 - 120.65123.76In
Call
NET260320C000750004375.0122.15 - 125.55128.81In
Call
NET260320C00070000470.0127.1 - 130.5156.5In
Call
NET260320C00065000265.0131.7 - 135.3164.32In
Call
NET260320C000600001660.0136.65 - 140.35164.5In
Call
NET260320C00055000455.0141.5 - 145.25169.0In
Call
NET260320C00047500147.5148.75 - 152.7148.75In

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.