NET
Cloudflare IncPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 330 |
| Put Wall | 300 |
| GEX Flip | 325 |
| Vol Trigger | 300 |
| Net GEX | $30.0M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
NET DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near NET's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the NET option chain, not the whole book: the 30 strikes nearest spot out of 69 seen, 1,258 contract rows spanning 18 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 290 | -$554.6K | $498.3K | -$1.1M | |
| 292.5 | $0 | $0 | $0 | |
| 295 | -$91.9K | $21.0K | -$112.9K | |
| 297.5 | -$20.8K | $0 | -$20.8K | |
| 300PUT WALL | $1.5M | $2.8M | -$1.2M | |
| 302.5 | -$73.2K | $6.7K | -$79.9K | |
| 305 | $101.2K | $348.7K | -$247.5K | |
| 307.5 | -$50.7K | $1.1K | -$51.8K | |
| 310 | $3.0M | $4.1M | -$1.1M | |
| 312.5 | -$113.9K | $0 | -$113.9K | |
| 315 | $1.1M | $1.3M | -$216.8K | |
| 317.5 | $149.5K | $182.3K | -$32.7K | |
| 320 | $5.0M | $5.7M | -$669.5K | |
| 322.5 | -$30.4K | $0 | -$30.4K | |
| 325GEX FLIP | $482.7K | $1.2M | -$737.5K | |
| 327.5SPOT | $116.2K | $143.1K | -$27.0K | |
| 330CALL WALL | $5.8M | $6.1M | -$316.8K | |
| 332.5 | $28.3K | $60.9K | -$32.5K | |
| 335 | $783.2K | $789.0K | -$5.8K | |
| 337.5 | $225.3K | $225.3K | $0 | |
| 340 | $4.6M | $4.7M | -$26.1K | |
| 342.5 | $391.3K | $391.3K | $0 | |
| 345 | $319.2K | $319.2K | $0 | |
| 347.5 | $32.1K | $32.1K | $0 | |
| 350 | $3.9M | $3.9M | -$36.3K | |
| 352.5 | $24.6K | $24.6K | $0 | |
| 355 | $594.2K | $594.2K | $0 | |
| 357.5 | $856 | $856 | $0 | |
| 360 | $2.7M | $2.7M | -$35.3K | |
| 362.5 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT NET
Cloudflare operates a global cloud platform providing content delivery, DDoS protection, zero trust security, serverless compute, and AI inference at the edge. Its network spans 300+ cities and handles a significant percentage of global internet traffic.
WHY TRACK NET ON SQUAWKFLOW
NET options reflect sentiment on edge computing and internet security spending. Large enterprise deal announcements and new product launches (Workers AI, R2) trigger unusual options activity. High short interest creates squeeze setups.
NET DATA ON SQUAWKFLOW
Options Flow
NET options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last NET price, change, volume, and the current dealer-gamma regime
GEX Dashboard
NET gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of NET market microstructure in real time
News Sentiment
NET news with AI sentiment scoring and impact analysis
Sector Context
Technology sector rotation and relative strength vs peers
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