Price Forecast:

Bullish Case: Cloudflare's strong partnerships and continuous innovation in cybersecurity indicate potential growth, aligned with a positive shift in market sentiment and lower expected volatility beyond February 2025.

Bearish Case: Market uncertainties and high valuation metrics may lead to price corrections. An upcoming critical event could exacerbate bearish sentiment if not well-received by investors.

Potential Outcomes:

1. 40% probability of stock price rise due to successful innovation and market expansion.

2. 35% chance of stagnation due to economic challenges.

3. 25% likelihood of decline as market valuation concerns trigger pullbacks.

Trading Oracle: Engage in a bullish credit spread by selling $92.5 strike puts and buying $82.5 strike puts to leverage low implied volatility. Target near-term fame given the solid growth fundamentals, aiming for a 59% probability of profit with calculated risk-reward.

November 12, 2024