Market Whales and Their Recent Bets on NET Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown significant interest in Cloudflare (NYSE:NET) options, with a mix of bullish and bearish sentiments. The options activity suggests a price window of $60.0 to $110.0 for Cloudflare. Analysts have mixed ratings, with price targets ranging from $76 to $135.

May 30, 2024 | 3:16 pm
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Significant options activity in Cloudflare (NYSE:NET) suggests a price window of $60.0 to $110.0. Analysts have mixed ratings, with price targets ranging from $76 to $135. The stock is currently down 5.49% at $71.07.
The substantial options activity and mixed analyst ratings suggest potential volatility and interest in Cloudflare's stock. The current price drop and RSI indicators hint at a possible oversold condition, which could attract buyers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100