thetaOwl

NFLX

Netflix, Inc.Close $88.09EOD only
Max Pain
$89.00
Next expiry May 22, 2026
Expected Move
±$1.90
2.1% from close
Price Gap
+0.91
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
NFLX AI Consensus Report
Analysis based on market close May 15, 2026

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

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
6.0

out of 10

6 not 7 because despite strong bullish flow and GEX, the high vol regime and conflicting theta/earnings signals limit conviction; a move below $73 would flip gamma and invalidate the pin.

Where Perspectives Agree

Bullish pin near $88 supported by aggressive call flow and dealer gamma, but high vol and spot below max pain create near-term uncertainty.

Where They Diverge

Theta's short call vertical (bearish) directly conflicts with bullish directional and flow viewpoints; earnings neutral iron condor suggests no strong directional edge.

Top Trade
via theta

Sell 2026-05-29 $86.00/$84.00 put spread for $0.50 credit

Key Risk

Break below $73 gamma flip accelerates downside to $70; all personas cite this as key invalidation level.

How to Use These Reports
This ai consensus reflects the market close on May 15, 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.