Cloudflare Inc. (NET)
Cloudflare Max Pain By Strike
NET trades at $202.27, pinned near the near-term max pain of $200 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$210), reflecting growing call interest at higher strikes. Key magnetic zone at 200 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Cloudflare Max Pain By Expiry
Max pain for NET shows an upward trend from 8 to 210, suggesting bullish positioning in longer-dated options. The 131% spread signals divergent expectations across timeframes. Most levels below 202.27 may cap rallies. Strong magnetic level at 200 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 200 | -2.27 (-1.12%) |
| Aug 29, 2025 | 200 | -2.27 (-1.12%) |
| Sep 5, 2025 | 195 | -7.27 (-3.59%) |
| Sep 12, 2025 | 115 | -87.27 (-43.15%) |
| Sep 19, 2025 | 160 | -42.27 (-20.90%) |
| Sep 26, 2025 | 200 | -2.27 (-1.12%) |
| Oct 17, 2025 | 200 | -2.27 (-1.12%) |
| Nov 21, 2025 | 165 | -37.27 (-18.43%) |
| Dec 19, 2025 | 125 | -77.27 (-38.20%) |
| Jan 16, 2026 | 125 | -77.27 (-38.20%) |
| Feb 20, 2026 | 210 | 7.73 (3.82%) |
| Mar 20, 2026 | 155 | -47.27 (-23.37%) |
| Jun 18, 2026 | 150 | -52.27 (-25.84%) |
| Sep 18, 2026 | 160 | -42.27 (-20.90%) |
| Dec 18, 2026 | 8 | -194.27 (-96.04%) |
| Jan 15, 2027 | 100 | -102.27 (-50.56%) |