Home Options PLTRReports

PLTR

Palantir Technologies Inc.Close $142.20EOD only

Max Pain

$140.00

Next expiry Jun 5, 2026

Expected Move

±$5.05

3.5% from close

Price Gap

-2.20

Distance to max pain

IV Rank

High premium

P/C OI

0.89

Slightly call-heavy

Consensus

9.5/10

Bullish tilt

Published snapshot: Jun 3, 2026 close

End-of-day snapshot

This page reflects PLTR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 3, 2026 close

PLTR Directional Report

Analysis based on market close June 4, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Outlook

Bullish bias with near-term pin at $142 supported by +$51.2M GEX and bullish flow. Expect range-bound trading near MP until 6/5 expiry, then potential upside if hold above.

Confidence:

9 / 10

Base 5, +2 GEX/flow aligned, +1 positive gamma pinning, +1 spot at MP, +1 low VIX 15.4.

Supports: Positive GEX $51.2M, bullish flow, spot at MP $142, low VIX 15.4.
Conflicts: High vol environment risks sharp move if pin breaks; resistance at $150 above.

📌Spot pinned at $142 MP for 6/5 expiry

💰Dealer GEX $51.2M positive, short gamma if spot moves away

📈Bullish flow supports upward bias

Regime Classification

Vol Regime

High

IV elevated vs VIX (15.4) due to near-term event risk (6/5 OPEX pin at $142).

Gamma Regime

Pinning

Positive GEX $51.2M, pinning near spot $142, gamma flip at $120.

Flow Regime

Bullish

Net bullish premium flow, put/call ratio supports bullish lean.

Spot vs Max Pain

Spot at $141.78, MP $142, essentially at pin.

Thesis duration: Event-specific — Spot pinned at $142 MP for 6/5 expiry with strong positive gamma; dealer hedging supports pinning. High vol reflects event risk.

Price Range Forecast

Next 2 days

$138.48$144.91

Pin at $142 supported by dealers.

Next 1 week

$133.35$150.05

Break $144.91 targets $150; support $133.35.

Next 2 weeks

$130.55$152.85

Event-driven; break above $150 likely bullish.

Key Levels

Max pain pins: $142 (2026-06-05); $145 (2026-06-12); $130 (2026-06-18)

EM guardrails: 2d $138.48/$144.91; 1w $133.35/$150.05

Support: $130.55 · $130.00

Resistance: $142.00 · $150.00 · $152.85

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,507 (15.3% below spot)

Structural: Max pain pins: $142 (6/5), $145 (6/12), $130 (6/18). EM guardrails: 2d $138.48/$144.91; 1w $133.35/$150.05. Support $130.55, resistance $142/$150. Gamma flip at $120.

Dealer Positioning (GEX/DEX)

GEX: $+51.2M

DEX: +93.4M shares

Gamma flip: ~$120 (Approx — based on put OI concentration of 26,507 (15.3% below spot))

NTM gamma: Positive GEX $51.2M, pinning at $142 MP. Gamma flip at $120 based on put OI concentration. Dealers long gamma, stabilizing spot near MP.

IV Analysis

IV vs VIX: IV elevated vs VIX (15.4), indicating event-specific vol premium. Rich for options selling, supports directional plays.

Term structure: Front-end elevated due to 6/5 OPEX; back-end normal. Kink at 6/12 expiry.

Skew: Call skew elevated, puts cheap. Consider put credit spreads or call debit spreads if bullish.

Flow Analysis

Net premium: Call buying dominates, net $22.9M, P/C vol 0.36, OI 0.89, bullish.

Directional prints: 39 call 143 OTM 2026-06-05 — Vol/OI 6.6, bought calls, bullish. 41.6 call 146 OTM 2026-06-05 — Vol 16.8k, OI 3.8k, bought, bullish.

Unusual: 38.2 put 141 OTM 2026-06-05 — Vol/OI 11.1, unusual put buying; hedge or bearish. 48.7 call 144 OTM 2026-06-12 — Vol/OI 9.7, high IV, aggressive call buying.

Risks & Catalysts

!Spot breaks below $138.48 support, invalidating pin and triggering gamma flip risk.

!Failed pin at $142 leads to rapid move toward $138 or lower.

!High vol environment amplifies moves if pin breaks.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-08-21 $145.00/$150.00 call spread Why now: Defined-risk bullish spread aligns with thesis of continued upside after pin support; $145/$150 strikes offer ~5% upside from $142. Earnings on 8/3 supports holding through event.	Upside capped at $150; spot may not reach $145 by 8/21 if pin fails.
Bullish risk reversal	Moderate-Strong	Buy 2026-08-21 $150.00 call / sell 2026-08-21 $140.00 put Why now: Risk reversal captures upside if spot rallies toward $150+, while short put premium funds the call. High GEX at $140 provides support. Earnings hold allows post-event follow-through.	If spot drops below $140, short put delivers significant loss; unlimited downside if spot falls sharply.

Top Plays

Bull Call Spread

Buy 2026-08-21 $145.00/$150.00 call spread

Buy $145/$150 call spread for ~$1.76-$2.15 debit, max gain $2.85.

Why this play: Defined risk aligns with pin support and earnings hold.

Debit: $1.76-$2.15

Max loss: $2.15

BE: $147.15

Mgmt: Exit if spot breaks $138.48; adjust after earnings.

Traders seeking capped upside with defined risk.

Bullish Risk Reversal

Buy 2026-08-21 $150.00 call / sell 2026-08-21 $140.00 put

Buy $150 call, sell $140 put for ~$1.10-$1.35 credit.

Why this play: Unlimited upside; high GEX at $140 supports short put.

Credit: $1.10-$1.35

Max loss: $138.65

BE: $138.65

Mgmt: Monitor $140 support; roll if spot weakens.

Traders comfortable with put assignment risk.

Watchlist Triggers

Entry Triggers

IFIF spot holds above $142 through 6/5 expiry → THEN buy 2026-08-21 $145/$150 call spread for ~$2.15 debit

IFIF spot bounces from $140 and holds above $142 → THEN enter 2026-08-21 $150 call / $140 put risk reversal for ~$1.10 credit

Exit Triggers

EXITIF spot closes below $130.55 → THEN exit all bullish positions

Tactical Summary

Bullish bias with $142 pin support until 6/5 expiry. Enter bull call spread or risk reversal on pin hold above $142. Exit if spot breaks $130.55. Manage risk reversal if $140 weakens.

How to Use These Reports

This directional reflects the market close on June 4, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.