thetaOwl

NFLX

Netflix, Inc.Close $89.30EOD only
Max Pain
$89.00
Next expiry May 22, 2026
Expected Move
±$1.29
1.4% from close
Price Gap
-0.30
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: May 21, 2026 close
End-of-day snapshot

This page reflects NFLX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 21, 2026 close
NFLX AI Consensus Report
Analysis based on market close April 6, 2026

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from April 6, 2026. A newer ai consensus report is available for May 21, 2026.

View latest report
Conviction
6.0

out of 10

6 not 7 because the earnings event in 10 days creates a binary risk that could invalidate the pin regardless of GEX and flow alignment, reducing near-term confidence.

Where Perspectives Agree

Bullish pin to $100-$105 — GEX support and net premium reinforce upside magnet, with high IV providing theta opportunities.

Where They Diverge

Earnings on 4/16 introduces IV crush risk that could undermine the bullish pin thesis, as current positioning may not hedge this binary event.

Top Trade
via theta

Sell Apr 24 $95/$90 put spread for defined risk credit — profits from pin, expires post-earnings to capture theta decay.

Key Risk

Break below $73 flips gamma long, removing pin support and triggering downside acceleration — invalidates bullish thesis.

How to Use These Reports
This ai consensus reflects the market close on April 6, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.