Netflix Stock Pulls Back, Calls Heat Up

Streaming king NFLX is trading at 2025 lows, right around a large buildup of put open interest at the 80 strike. Max pain rolls higher to 90 through April expiration and has been supporting price action recently. The stock’s front-month gamma-weighted Schaeffer's open interest ratio (SOIR) of 1.26 indicates we could be seeing the beginning of a rebound. And with a Schaeffer’s Volatility Index (SVI) of 36% that sits in the 8th percentile of its annual range, premium is affordably priced in a post-earnings vo ...