NFLX Options Flow
Netflix Inc.
Track NFLX options flow, gamma exposure, and unusual activity in real-time.
Recent NFLX Options Flow
Live institutional order flow from the Options Flow scanner
| Time | Type | Strike | Expiry | Premium | Sentiment |
|---|---|---|---|---|---|
| 3:52 PM | CALL SWEEP | $640 | 3/21/26 | $542,400 | BULLISH |
| 3:18 PM | PUT BLOCK | $620 | 2/28/26 | $390,000 | BEARISH |
| 2:45 PM | CALL SWEEP | $635 | 3/7/26 | $738,000 | BULLISH |
| 2:12 PM | CALL BLOCK | $650 | 4/17/26 | $1,134,000 | BULLISH |
| 1:38 PM | PUT SWEEP | $625 | 3/7/26 | $456,000 | BEARISH |
| 12:52 PM | CALL BLOCK | $645 | 3/21/26 | $892,000 | BULLISH |
| 11:28 AM | PUT SWEEP | $615 | 2/28/26 | $267,000 | NEUTRAL |
| 10:45 AM | CALL BLOCK | $660 | 4/17/26 | $1,458,000 | BULLISH |
Double-click any trade in the live product to see detailed charts and P&L tracking
NFLX Gamma Exposure Dashboard
Interactive GEX analysis with heatmap, chart, and table views
| Strike | 2/21 | 2/24 | 2/28 | 3/21 | 3/7 | 4/18 |
|---|---|---|---|---|---|---|
| $646 | 185.4M | 157.6M | 129.8M | 74.2M | 102.0M | 46.3M |
| $644 | 211.9M | 180.1M | 148.3M | 84.7M | 116.5M | 53.0M |
| $642 | 248.9M | 211.6M | 174.3M | 99.6M | 136.9M | 62.2M |
| $640 | 296.6M | 252.1M | 207.6M | 118.6M | 163.1M | 74.2M |
| $638 | 354.9M | 301.6M | 248.4M | 141.9M | 195.2M | 88.7M |
| $636 | 423.7M | 360.2M | 296.6M | 169.5M | 233.1M | 105.9M |
| $633 | 402.5M | 342.2M | 281.8M | 161.0M | 221.4M | 100.6M |
| $631 | 381.4M | 324.2M | 266.9M | 152.5M | 209.7M | 95.3M |
| $629 | 349.6M | 297.1M | 244.7M | 139.8M | 192.3M | 87.4M |
| $627 | 317.8M | 270.1M | 222.5M | 127.1M | 174.8M | 79.4M |
| $625 | 264.8M | 225.1M | 185.4M | 105.9M | 145.7M | 66.2M |
| $623 | 201.3M | 171.1M | 140.9M | 80.5M | 110.7M | 50.3M |
| $621 | 127.1M | 108.1M | 89.0M | 50.8M | 69.9M | 31.8M |
| $619 | 53.0M | 45.0M | 37.1M | 21.2M | 29.1M | 13.2M |
| $617 | -21.2M | -18.0M | -14.8M | -8.5M | -11.7M | -5.3M |
| $614 | -84.7M | -72.0M | -59.3M | -33.9M | -46.6M | -21.2M |
| $612 | -84.7M | -72.0M | -59.3M | -33.9M | -46.6M | -21.2M |
| $610 | -79.4M | -67.5M | -55.6M | -31.8M | -43.7M | -19.9M |
| $608 | -74.2M | -63.0M | -51.9M | -29.7M | -40.8M | -18.5M |
| $606 | -79.4M | -67.5M | -55.6M | -31.8M | -43.7M | -19.9M |
| $604 | -63.6M | -54.0M | -44.5M | -25.4M | -35.0M | -15.9M |
NFLX Options Market Statistics
Key metrics for Netflix Inc.
About NFLX Options
Netflix is the streaming leader with subscriber growth and pricing power as key drivers. Options flow in NFLX reveals positioning around subscriber trends, content spending ROI, and competitive threats from Disney+/Max. NFLX earnings are volatile - the stock moves on subscriber guidance, not revenue.
Reading NFLX Options Flow
NFLX flow concentrates around earnings and major content releases. Watch for call sweeps ahead of earnings when subscriber data looks strong (third-party trackers, app downloads). The stock's high price means option premiums are expensive - flow is mostly institutional. Put buying spikes during competitive launches (new streaming services).
NFLX Gamma Exposure Insights
NFLX gamma exposure exhibits wide strike spacing due to the high stock price ($600-$650 range). GEX walls at round fifty-dollar intervals ($600, $650, $700) create strong support/resistance. The stock's earnings volatility means dealers go short gamma ahead of reports, creating squeeze potential. Watch for post-earnings GEX reset.
Related Concepts
Learn more about the key terms for NFLX options trading
Frequently Asked Questions
NFLX options flow tracks institutional positioning in Netflix options, driven by subscriber growth expectations, content spending efficiency, and competitive dynamics. NFLX flow is heavily earnings-focused due to the stock's sensitivity to subscriber guidance.
NFLX GEX shows dealer positioning at wide strike intervals due to the high stock price. Positive GEX at $600, $650 creates strong levels. The stock's earnings volatility drives GEX flips - dealers go short gamma ahead of reports, creating squeeze risk. Post-earnings, GEX stabilizes.
Unusual NFLX activity often precedes earnings surprises or subscriber data leaks. Large call sweeps ahead of earnings signal bullish positioning on guidance. Put blocks during rallies may be competitive threat hedges (new streaming launches). Check timing - NFLX flow is most predictive 1-2 weeks before earnings.
NFLX is valued on subscriber growth and pricing power, not just revenue. The market closely watches net subscriber additions each quarter - beats drive rallies, misses drive selloffs. Options volume spikes around earnings as traders bet on subscriber guidance, which moves the stock 10%+ routinely.
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