NFLX enters the upcoming session under full structural pressure — the trend, momentum, and intraday positioning stack are all aligned bearish, leaving bulls with no credible near-term catalyst to reclaim the tape.

NFLX — Bearish into the next session

NFLX · NEXT SESSION BIAS
BEARISH
CONFIDENCE
High

The engine's bearish conviction is anchored by a confirmed EMA stack bear with price trading below the two-hundred EMA, a MACD in negative territory, and RSI deep in oversold territory alongside a sharply negative rate-of-change reading. Positioning reinforces the directional lean: the put-to-call OI ratio is heavily skewed toward puts, max pain sits well above spot, and price is pinned inside the wall band below VWAP and beneath the opening range low. Until the tape reclaims the opening range low as support and price returns above VWAP, every intraday bounce is a distribution opportunity, not a recovery.

81.52
Spot
83.31
Prior High
81.1
Prior Low
2.16
ATR(14)
88.0
Call Wall
89.0
Put Support
building (0/10)
IV Rank

NFLX — daily, key levels

1.42 (1.74%)
1-Day EM
4.25 (5.21%)
EM to 9DTE
33.2%
ATM IV

Three-horizon playbook

ScalpDaySwing
DirectionLong putsLong putsLong puts
Triggerlose 81.73lose 81.1lose 81.1
Target89.0 (−EM)89.0 (−EM)89.0 (−EM)
Stop> 88.0> 88.0> 88.0
DTE9d9d23d
Contract82.0P (Δ0.53)81.0P (Δ0.43)79.0P (Δ0.32)
💡 TIP
Scalp — Short trigger fires on any failed retest of the opening range low from below — target is the prior session low, with invalidation on a clean close back inside the opening range.
ℹ️ INFO
Day trade — Initiate the day put on a rejection at VWAP, targeting a move toward the prior session low and ultimately the one expected-move lower level; invalidate if price sustains above VWAP on volume.
ℹ️ INFO
Swing — The swing put is triggered on a confirmed daily close below the prior session low, with the target being the put support level one expected move out; invalidation is a reclaim of the call wall on closing basis.
⚠️ WARNING
Watch — VWAP reclaim versus the prior session low — these two levels decide whether the session is a controlled grind lower or an acceleration; losing the prior session low opens the next leg, reclaiming VWAP neutralizes the setup.

Size it:

Position Size Calculator
Risk / Reward Calculator
How this Bearish bias was computed (score -0.593)
Component Score Weight Contribution Read
trend -1.00 0.3 -0.300 EMA stack bear, <200EMA, MACD -
momentum -0.96 0.15 -0.143 RSI 27.2, ROC10 -8.74%
gamma +0.00 0.2 +0.000 no flip (n/a)
positioning +0.00 0.2 +0.000 in wall band, P/C 1.78, max pain 87.0
intraday -1.00 0.15 -0.150 <VWAP, <OR-lo

NFLX is the definition of a one-sided tape heading into the next session — every named structural input aligns bearish, and the playbook across all three horizons prioritizes fading strength into resistance rather than chasing bounces; maintain discipline on invalidation levels and do not force longs against a confirmed EMA stack and sub-VWAP structure.

Analysis, not financial advice. All levels are computed from end-of-day settled data and dealer-gamma model estimates; options carry risk.