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NFLX

Netflix, Inc.Close $81.56EOD only
Max Pain
$84.00
Next expiry Jun 5, 2026
Expected Move
±$1.27
1.6% from close
Price Gap
+2.44
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
0.78
Slightly call-heavy
Consensus
5.5/10
Neutral tilt
Published snapshot: Jun 4, 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
Jun 4, 2026 close
NFLX AI Consensus Report
Analysis based on market close June 4, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 not higher because although all personas have high confidence individually, their directional conclusions directly oppose, weakening any single thesis; neutral strategies have moderate support but binary earnings risk cuts conviction.

Where Perspectives Agree

Neutral range-bound between $80 and $85 with earnings event risk; dealer short gamma and elevated IV create pin action but conflicting flow limits upside.

Where They Diverge

Directional bullish drift conflicts with flow's heavy institutional put buying, indicating bearish bias; earnings and theta neutral strategies rely on range holding, which is threatened by either directional breakout.

Top Trade
via theta

Iron Condor: Sell 2026-07-17 $80/$75 put spread and $85/$90 call spread for net credit of $1.20 (estimated)

Key Risk

Break below $75 flips dealer gamma long and unleashes downside acceleration to $70, invalidating all bullish and range-bound theses.

How to Use These Reports
This ai consensus reflects the market close on June 4, 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.