AInvestOption Pilot Program
Options/NFLX
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NFLXNetFlix Inc

Options Analysis Report•SERVICES-VIDEO TAPE RENTAL
Market Cap $340.3B|NASDAQ
● 2026-08-28$81.72
NEUTRAL
Analysis: 2026-08-27 EOD data
1Y -32.4%YTD -10.2%7D +2.7%
282,544
30D
±8.5%
9%

NFLX Options Overview

Mixed signals. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

6.2VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
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NFLX Gamma Walls

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Value

Is IV priced right?

6.8
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks6/9 checks passed
≤35%

IV Rank 59.9% — elevated vs history

<1.05x

IV/HV 1.03x — IV ≤ HV

Sector Relative≤50%

Sector percentile 60% — above sector median

<1.1x

Front/Back 0.80x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 34.2% — normal range

<80%

Effective IV 41.9% (ATM 34.2% + spread 3.9% + bias) — excellent value

<3.0%

Total drag 6.27% (spread 3.85% + slippage 2.42%) — high friction

≥5.0

Vega efficiency 16.30 (vega 6.275 / spread 3.85%) — efficient

Sentiment

Bullish or bearish?

6.1
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: +7%, Raw: +4%)
|net sentiment| ≥25%

Conviction-weighted: +7% (neutral) — Raw: +4%

≥15%

|OI skew| 7.1% — balanced

Same sign, |vol skew| ≥10%

Vol skew +18.2%, OI skew +7.1% — aligned

≥2/3 conditions

0-DTE 32%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +14%, ATM: -0%, OTM: +3% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 47% — neutral vs sector

Activity

Unusual activity?

4.3
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks1/8 checks passed
≥1.5x

Volume 0.9x avg — normal

≥15%

Vol/OI 5.5% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change -10.0% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 88% — very active vs sector

≥30%

Large trade volume 29% — mixed

≥60%

Aggressive execution 57% — patient

≥30

Conviction +7 (bullish) — mixed

Liquidity

Can I trade efficiently?

6.7
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks5/8 checks passed
≤5.0%

Spread 3.9% — acceptable

≥10,000

OI 5,151,204 — deep

≥500

Volume 282,544/day — active

≤$0.50

$0.19 to cross — cheap

≥5 strikes

1 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 65% — wider than sector

≥100 contracts

Depth 345.4 contracts (bid:153.0 ask:192.4) — adequate

<1.0%

Avg slippage 2.42% — poor

Timing

Is now a good time?

7.3
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -20.2% — contango

<30 or >70

IV percentile 60% — neutral

≥10pts kink

IV kink -4.1pts — no clear event

<0.5 or >2.0

θ/ν ratio 94.07 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +7% @ 53% consistency — unclear

≥40 composite score

Score 59 (ITM 20% + inst 29%) — moderate institutional

Directional Strategy Fit

Option Buyers
Long Calls6.6
bullishIV cheap, bullish flow
Long Puts5.8
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.6
bullishIV too cheap, bullish flow
Covered Call4.8
bearishIV too cheap, bullish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.