Intraday Brief·NFLX·May 1, 2026

NFLX PUT +$1.59 (+140F) held 10:05–3:55 as downside accelerated fast

The bands stayed tight early then volatility expanded hard during the afternoon, letting the hold from $93.68 to $92.09 work out +$1.59 while you sat through a rough $0.60 pushback before it finally paid. Momentum confirmation landed with sellers taking control by 11:00, then a key bearish shift on the clock at 10:35 and a breakdown through the opening range low at 12:10 ($93.58), with the strongest follow-through from 2:10pm to 2:35pm when downside volume picked up.

By Z3Gamma

NFLX paid +$1.59 on a PUT from $93.68 at 10:05am to $92.09 at 3:55pm, a near full-session hold that captured 93% of the max close-to-close move. Z3 flipped bearish right at 10:05am, one bar after E1, stayed favorable for 22 bars, and printed its peak downside momentum at 2:20pm with a -4.47 reading. The move had real structure behind it: price entered from the cellar under a bear volume anchor from 9:35am with no opposing support below, sellers took control on DMI by 11:00am, the Kijun flip hit bearish at 10:35am, range extension broke below the IB low at 12:10pm at $93.58, and the best confirmation window came from 2:10pm to 2:35pm when downside volatility expansion and charging volume stacked together. It wasn’t clean early: NFLX pushed $0.60 against the put into 11:25am and took 350 minutes before the trade finally showed 10F, so you had to sit through real heat before the breakdown paid.

Verdict: messy entry, strong back-half trend, but the hold was worth it and the exit was efficient instead of greedy.

May 1, 2026 · Entry 10:05am → Exit 3:55pm · +$1.59. · Z3Gamma

Trade Data

INITIAL E1

COMMANDERBear MIDAS anchor at 9:35am. 6 bars before entry. anchored in the loft. no bull MIDAS below. no knights.

PROFILEE1 fired in the cellar. Already above VPOC at entry. Already above TPOC at entry.

KYROPUT [HOLD] entered at 10:05am at $93.68. Exited at 3:55pm at $92.09. Total profit +$1.59.

PAINPrice pulled $0.60 against the position (worst at 11:25am). Gave back $0.12 from peak before exit.

KNIGHTNo volume spike in the 5 bars before entry. Volume during the trade: at 10:15 am (present), at 11:25 am (active), 11:40 am–12:00 pm (4 bars, charging), at 12:30 pm (active), at 1:00 pm (present), 1:15 pm–1:30 pm (3 bars, active), 2:10 pm–2:15 pm (2 bars, present), 2:30 pm–2:35 pm (2 bars, charging), 3:15 pm–3:25 pm (2 bars, active), 3:40 pm–3:55 pm (4 bars, charging).

COMPRESSIONNo compression in the 5 bars before entry. Compression during the trade: 3:25 pm–3:55 pm (7 bars).

EXPANSIONExpansion before entry: BBW+STD at 10:00 am. Expansion during the trade: STD at 10:50 am, BBW+STD 11:50 am–1:10 pm (16 bars), STD 2:35 pm–2:45 pm (3 bars), STD 3:45 pm–3:55 pm (3 bars).

KINGDOMEntry 2 (E2) — position sizing: Kijun crossed below at 10:35 am, 6 bars after E1.

RANGE EXTEntry 3 (E3) — range extension: price crossed below IB low at 12:10 pm at $93.58, 25 bars after E1.

Z3Z3 bearish cape activated at 10:05 am, 1 bar after E1. 22 favorable bars, 27 total cape bars during the trade. Peak Z3: -4.47 at 2:20 pm.

DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: at 10:30 am, 11:00 am–11:15 am (3 bars), 11:35 am–11:40 am (2 bars), at 3:25 pm. DI- won at 11:00 am, 11 bars after entry.

SYNCHRONYBreakthrough zone: 2:10pm–2:35pm — Z3 peak, volume spike, volume charging, STD expansion.

RESULTTotal profit +$1.59. Max MFE +$1.71 at 3:45 pm ($91.97). Captured 93% of the move.