NET260417P00155000 Option on Cloudflare

For June 18th 2026, Cloudflare lists 101 contracts (49 calls and 52 puts). Moneyness counts currently show 32 in-the-money calls, 17 out-of-the-money calls, 17 in-the-money puts, and 35 out-of-the-money puts. The largest open-interest concentrations appear near call strike 250.0 and put strike 100.0. The current max pain estimate for this expiration is near strike 210.0. Across this chain snapshot, the combined implied volatility measure is about 0.73. Open interest totals 7.8 K puts and 21.1 K calls, for a put-to-call open-interest ratio of 0.37, which means calls account for a clearly larger share of the current open interest. Recent trading volume totals 41.0 puts and 254 calls, for a put-to-call volume ratio of 0.16, showing calls account for a clearly larger share of the recent trading activity.

Max pain estimate is near strike 210.0.

Call contracts: 32 in-the-money vs 17 out-of-the-money.

Open interest totals 7.8 K puts vs 21.1 K calls (put/call 0.37). Recent volume totals 41.0 puts vs 254 calls (put/call 0.16).

Using the Rule 16 heuristic, the current implied volatility suggests an average daily move of about 0.0456% for the 2026-06-18 options. The figure is a neutral volatility reference; near $ 212.45, it implies about $ 0.0969 per day.