NET · Cash-Secured-Puts

Cloudflare, Inc. Class A Common Stock (NET) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$355.01
Modelled strike
$305.00
Modelled premium
$3.13
Cash required
$30,500.00
Breakeven
$301.87
Downside buffer
15.0%
Period return
1.0%
Annualized return
17.6%
Days to expiration
23
Strategy payoffModelled cash-secured put payoff. Spot $355.01. Expiry maximum profit $313.00 · Expiry maximum loss -$30,187.00 · Expiry breakevens $301.87. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$177.505Expiration P/L -$12,436.50Update time unavailable
Event / reference markers
  • Spot: $355.01
  • Expiry breakeven $301.87: $301.87
  • sell put strike $305.00: $305.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$12,436.50Update time unavailable
-$12,081.49Update time unavailable
-$11,726.48Update time unavailable
-$11,371.47Update time unavailable
-$11,016.46Update time unavailable
-$10,661.45Update time unavailable
-$10,306.44Update time unavailable
-$9,951.43Update time unavailable
-$9,596.42Update time unavailable
-$9,241.41Update time unavailable
-$8,886.40Update time unavailable
-$8,531.39Update time unavailable
-$8,176.38Update time unavailable
-$7,821.37Update time unavailable
-$7,466.36Update time unavailable
-$7,111.35Update time unavailable
-$6,756.34Update time unavailable
-$6,401.33Update time unavailable
-$6,046.32Update time unavailable
-$5,691.31Update time unavailable
-$5,336.30Update time unavailable
-$4,981.29Update time unavailable
-$4,626.28Update time unavailable
-$4,271.27Update time unavailable
-$3,916.26Update time unavailable
-$3,561.25Update time unavailable
-$3,206.24Update time unavailable
-$2,851.23Update time unavailable
-$2,496.22Update time unavailable
-$2,141.21Update time unavailable
-$1,786.20Update time unavailable
-$1,431.19Update time unavailable
-$1,076.18Update time unavailable
-$721.17Update time unavailable
-$366.16Update time unavailable
-$11.15Update time unavailable
$0.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Spot referenceUpdate time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable
$313.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $301.87 per share after premium; the shares can keep falling.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 6, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.

Cloudflare, Inc. Class A Common Stock (NET) Cash-secured puts | Options Whale