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 19, 2026

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

You are viewing an older report from May 19, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
8.0

out of 10

8 not 9 because the long strangle conflict undermines the strong pin agreement, and earnings 58 days away is a distant catalyst but could disrupt current positioning.

Where Perspectives Agree

Bullish pin to $89-90 supported by dealer gamma, call accumulation, and low IV — all personas agree on upward bias despite market weakness.

Where They Diverge

Earnings persona recommends long strangle expecting volatility, directly contradicting the pinning/range-bound thesis favored by directional and theta.

Top Trade
via theta

Sell 2026-06-18 $89/$84 put spread for ~$0.95 credit — defined risk, profits from pin support, expires before earnings.

Key Risk

Break below $89 support flips gamma long and invalidates all bullish positioning — downside accelerates toward $75 gamma flip.

How to Use These Reports
This ai consensus reflects the market close on May 19, 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.