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PLTR

Palantir Technologies Inc.Close $134.71EOD only

Max Pain

$130.00

Next expiry Jun 18, 2026

Expected Move

±$5.27

3.9% from close

Price Gap

-4.71

Distance to max pain

IV Rank

100

High premium

P/C OI

0.93

Balanced positioning

Consensus

8.5/10

Bullish tilt

Published snapshot: Jun 15, 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 15, 2026 close

PLTR Directional Report

Analysis based on market close June 16, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

PLTR bullish with dealer gamma pinning and positive flow, but resistance near $140 and negative sector momentum (QQQ -1.9%) pose risks. High confidence (9/10) from aligned signals.

Confidence:

9 / 10

Base 5 +2 GEX/flow aligned +1 GEX positive +1 VIX 16 = 9. All factors bullish.

Supports: Bullish flow, positive dealer gamma, spot above max pain, high confidence base.
Conflicts: Tech sector weakness (QQQ -1.9%), resistance $140, VIX elevated.

📈Bullish flow + dealer gamma pinning align for upside bias into expiry.

⚠️Spot above max pain ($130) but resistance $140 and negative sector bias.

📊High confidence 9/10 but watch for volume confirmation.

Regime Classification

Vol Regime

High

IV elevated relative to history due to event risk and positive flow.

Gamma Regime

Pinning

Positive GEX $29.7M pins near $130/$135; spot above max pain creates resistance.

Flow Regime

Bullish

Bullish flow: net call buying or put selling adds upward pressure.

Spot vs Max Pain

Above

Spot above max pain ($130) implying dealer hedging leans bullish short-term.

Thesis duration: Event-specific — Concentrated option activity around near-dated expiries (6/18, 6/26, 7/2).

Price Range Forecast

Next 2 days

$129.01$137.49

Supported by dealer gamma and flow; resistance at $137.49.

Next 1 week

$125.03$141.47

Expands to $141.47; gamma flip at $120 limits downside.

Next 2 weeks

$122.88$143.62

Broader range $122.88-$143.62; gamma flip key risk.

Key Levels

Max pain pins: $130 (2026-06-18); $135 (2026-06-26); $140 (2026-07-02)

EM guardrails: 2d $129.01/$137.49; 1w $125.03/$141.47

Support: $130.00 · $125.00 · $122.88

Resistance: $140.00 · $143.62 · $145.00

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 25,529 (9.9% below spot)

Structural: Support: $130 (max pain), $125 (put wall), $122.88 (gamma flip). Resistance: $140 (call wall), $143.62 (upper range), $145 (psych).

Dealer Positioning (GEX/DEX)

GEX: $+29.7M

DEX: +86.1M shares

Gamma flip: ~$120 (Approx — based on put OI concentration of 25,529 (9.9% below spot))

NTM gamma: Dealers long $29.7M gamma (positive pinning) and 86.1M delta (bullish hedge). Gamma flip at ~$120.

IV Analysis

IV vs VIX: PLTR IV elevated vs VIX 16.4, implying rich premium due to event risk.

Term structure: Term structure steep near term from events, flattening out.

Skew: Call skew elevated; selling puts or call spreads may benefit from pinning.

Flow Analysis

Net premium: Net $22.9M bullish; P/C vol 0.55, calls dominate.

Directional prints: 45.8 call 137 OTM 2026-06-26 — Vol 2704 vs OI 547 (4.9x), likely bought, bullish OTM call. 45.9 call 131 ITM 2026-06-18 — Vol 6970 vs OI 1992 (3.5x), OTM call buying, bullish.

Unusual: 47.9 put 118 OTM 2026-07-10 — Vol 2338 vs OI 160 (14.6x), extreme put volume, possible hedge.

Risks & Catalysts

!Drop below $130 max pain could trigger delta hedging unwind.

!Gap risk from macro selloff (QQQ -1.9%).

!Gamma flip at $120 accelerates losses if breached.

!IV collapse post-event hurts long vol positions.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-06-18 $140.00/$141.00 call spread Why now: High likelihood of upside post-earnings, leverage with defined loss.	Resistance at $140-$143 may cap gains; time decay if move delayed.
Put credit spread	Moderate	Sell 2026-06-18 $130.00/$129.00 put spread Why now: Bullish bias; selling put spread at 130/125 to capture premium with limited downside.	If price drops below $130, losses accelerate to $125.
Bullish risk reversal	Moderate-Strong	Buy 2026-06-18 $140.00 call / sell 2026-06-18 $130.00 put Why now: Strong bullish conviction, unlimited upside potential with defined put risk.	Unlimited upside but short put exposure below $130; gap risk from macro selloff.

Top Plays

Put Credit Spread at Support

Sell 2026-06-18 $130.00/$129.00 put spread

Sell $130/$129 put spread to profit from PLTR staying above key support; defined risk, high win rate.

Why this play: Highest probability of success given bullish bias and support at $130; limited downside and collects premium.

Credit: $0.19-$0.24

Max loss: $0.76

BE: $129.76

Mgmt: Close if PLTR breaks below $130; target 50% max profit.

Traders seeking steady premium with low risk appetite.

Bullish Risk Reversal

Buy 2026-06-18 $140.00 call / sell 2026-06-18 $130.00 put

Buy $140 call, sell $130 put to gain upside exposure with defined put risk; leverages bullish momentum.

Why this play: Unlimited upside potential for strong bullish conviction; put sold at support offsets cost.

Credit: $0.50-$0.61

Max loss: $129.39

BE: $129.39

Mgmt: Monitor $130 level; roll or close if breached to limit loss.

Aggressive traders with high conviction in upside breakout.

Bull Call Spread near Resistance

Buy 2026-06-18 $140.00/$141.00 call spread

Buy $140/$141 call spread for leveraged upside play post-earnings; tight range limits profit potential.

Why this play: Low cost defined risk but limited upside near $140 resistance; less favorable given sector headwinds.

Debit: $0.08-$0.09

Max loss: $0.09

BE: $140.09

Mgmt: Exit if PLTR fails to break $140; hold through earnings if volatility high.

Traders seeking low-cost directional bet with capped risk.

Watchlist Triggers

Entry Triggers

IFPLTR holds above $130 support (max pain) → Sell 2026-06-18 $130/$129 put spread (top-ranked play) for 0.19-0.24 credit

IFPLTR breaks above $140 resistance with volume → Buy 2026-06-18 $140 call / sell $130 put (bullish risk reversal) for 0.50-0.61 debit

Exit Triggers

EXITPLTR closes below $130 → Close put credit spread to limit loss; avoid risk reversal and bull call spread

Tactical Summary

Bullish bias with dealer pinning at $130-140. Favor put credit spread for premium; upgrade to risk reversal on breakout above $140. Exit if $130 breaks. Monitor QQQ momentum and earnings on 2026-08-03.

How to Use These Reports

This directional reflects the market close on June 16, 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.