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NFLX

Netflix, Inc.Close $88.60EOD only
Max Pain
$89.00
Next expiry May 29, 2026
Expected Move
±$2.56
2.9% from close
Price Gap
+0.40
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.78
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 22, 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 22, 2026 close
NFLX AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.5

out of 10

6.5 because positioning and GEX provide a tangible pin that supports a neutral-to-bullish baseline, but a binary earnings event in nine days plus mixed institutional flow and elevated IV materially reduce conviction — strong enough to trade the setup but not to size aggressively directional longs.

Where Perspectives Agree

Consensus view is a bullish pin centered on $100 driven by concentrated dealer/call positioning and short-gamma dynamics, making $100 the magnetic anchor into the event window.

Where They Diverge

Earnings dynamics and high IV create a direct contradiction: the earnings persona anticipates a binary re-pricing around the 4/16 print that can easily blow the pin, while flow signals (mixed) imply institutional accumulation that would support the pin — those two outcomes cannot both be true into the event. Additionally, term-structure/vol curve incentives (earnings skew) favor buying protection and long-vol, which undermines directional premium-selling convictions.

Top Trade
via theta

Sell May 22 $100/$105 call spread for ~$2.10 credit (defined-risk, theta-leaning trade)

Key Risk

A close and hold below $95 (pre-earnings) that persists into the 4/16 open — this breaks dealer short-gamma support, removes the $100 magnet and would accelerate downside toward the $85-$90 put cluster, invalidating the pin and rapidly re-pricing premium.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.