NFLX Netflix Options Ahead of EarningsNetflix, Inc.BATS:NFLXTopgOptionsIf you ahven`t sold the top on NFLX: nor bought the stock before the rally: With Netflix (NFLX) reporting Q4 2025 earnings today, January 20, 2026, the stock looks primed for a rebound—trading at $88.00, down 91% from its 2021 highs but showing signs of being oversold on the 14-day RSI at around 27 (below 30 threshold, signaling potential buying exhaustion). Consensus expects 17% revenue growth to $11.97B and 28% EPS jump to $0.55, with FY2025 sales up 15% and positive momentum from ads tier and subscriber gains. Adding fuel: Netflix's pending $82.7B acquisition of Warner Bros. (from Warner Bros. Discovery spin-off in Q3 2026) could supercharge content library and synergies, boosting long-term growth. Analyzing the options chain and chart patterns prior to earnings, I would consider a debit call spread: Buy the $110 strike call and sell the $130 strike call, with expiration August 21, 2026, for a net premium of approximately $2.61. If the position moves favorably post-earnings (e.g., RSI bounce and positive guidance), I'd scale out half for risk management. This is a bullish, defined-risk play on NFLX's recovery—DYODD, high volatility expected!