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Straight to Netflix 

A modern adaptation of 'Straight to DVD', it's when a movie is so terrible and low-grossing that it doesn't even get a physical DVD release, rather goes exclusively to streaming services such as Netflix. They are typically made by failed art students with a $1000 budget and premiered at some film festival in a town you never heard of.
Did you hear about that movie 3-Headed Shark Attack? Straight to Netflix.

Watch Netflix 

Going over to a significant others house and "watching Netflix" which starts out as cute spooning and cuddle which eventually escalates into intense making out and in most cases ends in sexual intercourse.
Girl: Hey mom I'm going over to Liam's house to watch Netflix *wink*

Mom: ok sweetie have fun
Girl: oh I will ;)

Ghetto Netflix

Term used to describe theft of Netflix DVDs from a neighbor or acquaintance's mailbox, with the intent of watching them yourself.
"Yo man, where do yo get yo movies?"

" I use Ghetto Netflix, dawg."

one eye on netflix 

When you are receiving a pity bj from your long-term significant other. Usually while their attention is divided between you and another task.

Similar to Netflix and chill.
Beers bro?
Nah man, my girl's got one eye on Netflix.
one eye on netflix by Greenbeener January 27, 2016

Pizza and watch netflix 

Pizza and watch netflix is the invitation given to a girl from a guy to "hang out" which is a cover for having sex.
guy:"hey wanna come round? we can order pizza and watch netflix"
really what he means is..
guy: "hey want to come to mine and have sex?"

Watching Netflix 

A metaphor for having sex with your girlfriend.
Dave: "Are you and Sarah watching Netflix tonight?"
Joe: "Oh yeah, we will be watching Netflix all night."