NFLX is currently in a deep value zone with technicals screaming for a reversal. With an RSI of 18.14 and a bullish MACD pivot, the asset is mathematically primed for a bounce. We are leveraging incredibly cheap options (IV Rank 10) to play the gap between the current price and the analyst target of 114.15. The 16-day window before earnings provides the perfect catalyst for a pre-report rally toward the 90 Max Pain level. This is a classic contrarian play where the risk-to-reward is skewed heavily in the buyer's favor.

Stop: $44.01 · T1: $126.18 · R:R 2