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 20, 2026

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

Conviction
8.0

out of 10

8 not 9 because earnings in 57 days is distant but gamma flip at $75 is a real tail risk.

Where Perspectives Agree

Bullish pin to ~$89 supported by dealer gamma, unusual call flow, and positive directional bias.

Where They Diverge

Earnings IV term suggests post-event crush, which undermines long-dated call positions but not near-term pin.

Top Trade
via theta

Sell 2026-06-12 $84.00/$83.00 put spread for $0.30 credit

Key Risk

Break below $75 flips dealer gamma to long, triggering cascade to $70 support.

How to Use These Reports
This ai consensus reflects the market close on May 20, 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.