What did Theta Profits say about $NFLX? — the claim, the clip, the other side

$NFLXBear claim

Theta ProfitsANALYSTJul 12, 2026

The claim

“Netflix is bearish — any bounce will cascade downward, with the 69-73 zone acting as a floor but not a reversal.”

Why he says it — point by point

FAVORABLE & AGAINST · BOTH KEPT

any bounce up, they're going to have another cascade of downward flow

it's really stopped between that $69 event and the area that it's battling right now at 73. And so that very likely is going to be a floor event.

support · $69

Direction

Bearish

Catalyst

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Target

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“Netflix is bearish — any bounce will cascade downward, with the 69-73 zone acting as a floor but not a reversal.”

From "Inside an Earnings Strategy That Skips Earnings Day"

Publish-day price $$73.37 · the claim is anchored to the moment it was said.