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PLTR

Palantir Technologies Inc.Close $135.26EOD only
Max Pain
$133.00
Next expiry May 22, 2026
Expected Move
±$5.53
4.1% from close
Price Gap
-2.26
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.00
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: May 19, 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
May 19, 2026 close
PLTR Earnings Report
Analysis based on market close May 19, 2026
DirectionalTheta GangFlowEarningsConsensus

Consensus-supported lens with chain history and key metrics in the rail.

Earnings Verdict

PLTR has strong bullish setup with pinning at $135 and 100% beat rate, but next earnings 76 days out. IV elevated but crush expected.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.7% from MP; +0.5 VIX 18
Most important: Gamma pin at $135 and aggressive call buying at $136 indicate short-term call support; put floor at $110-$125.
🚀100% beat rate reinforces bullish bias; watch for continuation.
📌Gamma pin at $135 with heavy OI; spot likely to hover near there.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$120.00 — Approx — based on put OI concentration of 32,020 (11.3% below spot)

Earnings Overview

Next earnings: 2026-08-03 (76 days)explicit

Expected moves:

  • 2026-05-22 (3d): ±$5.53 (4.1%)
  • 2026-05-29 (10d): ±$8.47 (6.3%)
  • 2026-06-05 (17d): ±$11.02 (8.2%)

IV Setup

Term structure: Near-term IV elevated (3d ~50%); longer-dated Aug IV lower but implied moves increase with time.

Crush estimate: Post-earnings IV crush ~30-40% typical for high-vol names.

Skew: Put skew elevated for downside protection; call wall at $150-$155 caps upside.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not available from data; beat rate 100% suggests upside surprise.

Directional bias: Bullish given perfect beat record.

Key Levels

1$120.00 gamma flip
2EM guardrails: 2d $129.73/$140.79; 1w $126.78/$143.73
3Max pain pins: $133 (2026-05-22); $135 (2026-05-29); $135 (2026-06-05)

Flow Highlights

12,497 $136 calls bought vs 5,274 OI (vol/OI 2.4)

Aggressive bullish positioning at near-term resistance.

6740 $135 puts and 6707 $135 calls traded

Gamma pin action around $135, likely anchoring spot.

Strategies

Defined-Range Iron Condor
Sell 2026-06-05 $130.00/$126.00 put wing and $140.00/$145.00 call wing
Credit: $2.36-$2.89
Max loss: $2.11
Max gain: $2.89
BE: 127.11 / 142.89
Trigger: Close at 50% max profit or before earnings.
Matches gamma pin at $135 and high IV, limited risk.
Outperforms: Sell $130/$126 put and $140/$145 call to collect premium in tight range.
Underperforms: Move outside short strikes invalidates range thesis.
Premium Capture Short Strangle
Sell 2026-06-05 $126.00 put + sell $145.00 call
Credit: $3.78-$4.62
Max loss: Unlimited
Max gain: $4.62
BE: 121.38 / 149.62
Trigger: Set stop-loss on breakout beyond $140 or below $130.
Higher premium but unlimited risk; suitable for high IV but need careful monitoring.
Outperforms: Sell OTM $126 put and $145 call to collect elevated IV premium.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Gamma pin may limit breakout above $140.
!Macro risk from SPY -0.67% and VIX 18 could cause volatility expansion.
!Lottery tickets ($250 call) suggest speculative tail risk.

What to Watch

?SPY and QQQ action for macro cues.
?Put OI concentration at $134 (11% below spot) as floor.
?Call wall at $150-$155 for resistance.
How to Use These Reports
This earnings reflects the market close on May 19, 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.