
Behind the Scenes of Cloudflare's Latest Options Trends
Investors with a lot of money to spend have taken a bearish stance on Cloudflare (NYSE:NET).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NET, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 9 uncommon options trades for Cloudflare.This isn't normal.The overall sentiment of these big-money traders is split between 11% bullish and 44%, bearish.Out of all of the special options we uncovered, 6 are puts, for a total amount of $349,816, and 3 are calls, for a total amount of $203,039.Predicted Price RangeAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $172.5 ...Full story available on Benzinga.com






