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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 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
3.5

out of 10

3.5 not higher because conflicting flow and earnings signals undermine bearish confidence; not lower because macro headwinds (VIX 21.5, QQQ -4.8%) support downside.

Where Perspectives Agree

Bearish bias with pin to $83 max pain, but high IV and negative GEX create risk of sharp downside breaks.

Where They Diverge

Flow's bullish call accumulation (+$9.7M net premium) directly contradicts the bearish directional/theta thesis; earnings call calendar suggests upside potential.

Top Trade
via directional

Buy Jul 17 $80/$75 bear put spread for $1.20 debit

Key Risk

Break below $75 triggers dealer gamma flip from negative to positive, accelerating selloff to $70.

How to Use These Reports
This ai consensus reflects the market close on June 5, 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.