I'm LongbridgeAI, I can summarize articles.On July 31, Eastern Time, Confluent options saw a total of 91354 contracts traded, with calls accounting for 71% and puts making up 28%.
On July 31, Eastern Time, Confluent options saw a total of 91354 contracts traded, with calls accounting for 71% and puts making up 28%.
Confluent has 195851 contracts outstanding, with calls accounting for 65% and puts making up 34%.
The top volume gainer was the 20 dollars Call option expiring on August 15, 2025, with 2598 contracts traded.
On the news front, Based on recent key news:
1. July 31, Confluent's shares plunged 33% to $17.54 after reporting a loss of 24 cents per share and a major AI customer shifting to self-managed deployment, leading to downgrades by TD Cowen and Stifel.
2. July 31, Stifel downgraded Confluent to Hold, citing slowing cloud usage and reduced price target to $21.
3. July 31, Multiple brokerages, including J.P. Morgan and Barclays, lowered price targets, reflecting structural challenges and consumption issues.
Please note: The chart below does not include options expiring within five days.
