Cloudflare, Inc. (NET) Options Statistics & Positioning

Cloudflare, Inc. (NET) options trade at a 30-day at-the-money implied volatility of 67.5%, an IV rank of 36 out of 100 over the past year. The options market prices a ±$75.52 (±20.9%) move in NET for the front expiration. Max pain sits at $290 and the put/call open interest ratio is 0.78. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$361.26

52-week range

$159.15 – $361.26

ATM IV (30d)

67.5%

IV rank

36 / 100

Low

Expected move

±$75.52 (±20.9%)

Put/call OI

0.78

Call-heavy

Max pain

$290

↓ 19.7% below close

Next earnings

Nov 3, 2026

What's NET's IV rank right now?Where's the max pain for NET?Explain what gamma exposure means for NET.

Most Active NET Contracts

Contract	Expiration	DTE	Last	IV	Volume
NET $385 call	Oct 30, 2026	21d	$9.45	52.7%	2,433
NET $380 call	Oct 16, 2026	7d	$3.30	49.2%	1,529
NET $425 call	Oct 30, 2026	21d	$2.00	51.3%	1,265
NET $430 call	Oct 16, 2026	7d	$0.20	68.3%	750
NET $330 put	Oct 16, 2026	7d	$1.33	51.6%	722

See all active NET contracts →

Explore NET Options Statistics

NET Implied Volatility

67.5% ATM IV (30d)

An IV rank of 36 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

NET Open Interest

0.78 put/call OI ratio

121,073 calls and 94,007 puts outstanding across all expirations.

Full open interest analysis →

NET Max Pain

$290 max pain

19.7% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

NET Gamma Exposure

$2.66B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

NET Options Volume

28,238 contracts traded

Put/call volume ratio 0.86 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NET Most Active Options

$362.5 top volume strike

The 25 most actively traded NET contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

NET's next expected earnings date is Nov 3, 2026. Options currently price a ±$75.52 (±20.9%) move for the front expiration.

Explore the payoff profile of option on NET for free

Build multi-leg NET strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open NET in the platform Scan options

NET Options FAQ

When is NET's next earnings date?

NET's next expected earnings date is Nov 3, 2026. Options currently price a ±$75.52 (±20.9%) move for the front expiration.

How often is NET options data on this page updated?

All NET statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see NET max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated NET pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.