thetaOwl

NFLX

Netflix, Inc.Close $92.58EOD only
Max Pain
$97.00
Next expiry Apr 24, 2026
Expected Move
±$2.42
2.6% from close
Price Gap
+4.42
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
7.0/10
Range bias
Published snapshot: Apr 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
Apr 21, 2026 close
NFLX AI Consensus Report
Analysis based on market close April 22, 2026

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

Conviction
7.5

out of 10

7.5 because strong alignment across GEX, flow and theta supports the pin, but residual event risk (earnings/announcements) and any sudden IV collapse cap conviction from being higher.

Where Perspectives Agree

Consensus is a pin-to-strike continuation: dealer short-gamma plus bullish flow creates a sticky magnet that favors range-bound/upside-biased price action into the near-term window.

Where They Diverge

No major analytical contradiction — all personas view pinning and bullish flow as dominant; the only tension is minor (earnings could alter term structure but the earnings persona does not currently argue for a directional flip).

Top Trade
via theta

Sell the near-term call spread that caps upside at the pinned strike: sell Jul 3 $X/$X+2 call spread for ~credit (theta play).

Key Risk

A decisive break below the pinned strike level (the option-pin strike) — triggered by a high-volume gap down — would flip dealer gamma exposure from short to long and erase the pin, accelerating downside toward the next structural support within one trading session.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.