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NFLX

Netflix, Inc.Close $93.24EOD only
Max Pain
$95.00
Next expiry Apr 24, 2026
Expected Move
±$1.82
2.0% from close
Price Gap
+1.76
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.77
Slightly call-heavy
Consensus
7.5/10
Consensus signal
Published snapshot: Apr 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
Apr 22, 2026 close
NFLX AI Consensus Report
Analysis based on market close April 23, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because gamma/pin and available theta align for a defined-risk premium sell, but mixed flow and an upcoming earnings-driven volatility premium create a binary risk that keeps conviction from being higher.

Where Perspectives Agree

Dealer short-gamma and concentrated short-dated positioning create a pin near mid-high $90s, supporting mean-reversion into the pin while volatility remains supportive of premium-selling.

Where They Diverge

Flow shows net institutional accumulation and directional buys that favor continuation higher, while the earnings term-structure and event positioning price a post-event fade and potential IV spike — the former implies follow-through, the latter implies a binary reversion that would undercut momentum.

Top Trade
via theta

Sell Jul 17 $85/$75 put spread for credit (defined-risk premium sell, collects ~ $1.10 credit).

Key Risk

Break below $91.66 (two-day support) flips dealer gamma, removes the pin and triggers rapid downside toward $89.60 then $85–88, invalidating the mean-reversion/premium sell thesis.

How to Use These Reports
This ai consensus reflects the market close on April 23, 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.