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NFLX

Netflix, Inc.Close $97.31EOD only
Max Pain
$100.00
Next expiry Apr 24, 2026
Expected Move
±$3.33
3.4% from close
Price Gap
+2.69
Distance to max pain
IV Rank
93
High premium
P/C OI
0.88
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: Apr 17, 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
Apr 17, 2026 close
NFLX AI Consensus Report
Analysis based on market close April 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 10, 2026. A newer ai consensus report is available for April 17, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because dealer-driven pinning and rich front-end premium align across personas, but conviction is capped by a binary earnings event in six days and conflicting institutional flow that could force a directional break; that combination makes the base-case likely but not high-confidence.

Where Perspectives Agree

Market is rangebound into earnings with a strong pin in the $100–$105 area supported by dealer gamma/premium; that pin is the dominant short-term state and makes a low-volatility consolidation the base case until the event.

Where They Diverge

Flow signals (institutional buy-side accumulation and unusual buys) point to a skewed asymmetric upside bet, which directly contradicts the directional/theta consensus that favors rangebound or modestly bearish defined-risk selling into the pin; earnings-term structure also creates a volatility premium that favorites event buyers, undermining pure short-gamma plays.

Top Trade
via theta

Sell Apr 17 100 Call / Buy Apr 24 100 Call calendar for ~debit (front-week call sell, one-week roll buy) — structure: buy Apr24 100C, sell Apr17 100C.

Key Risk

A decisive close and follow-through below $95 (pre-earnings) would break dealer short-gamma support and accelerate downside toward the $88 area, invalidating the pin and turning rangebound trades into forced defensive re-prices.

How to Use These Reports
This ai consensus reflects the market close on April 10, 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.