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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
71
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 Earnings Report
Analysis based on market close June 4, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

High confidence bull setup with heavy call buying and GEX+ pinning near MP.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.2% from MP; +1 VIX 15
Most important: Call OI wall $150-200; put floor $120-130; gamma flip at $120.
📊GEX positive, pinning near $142 MP.
🚀Bulk premium to calls; low PCR.
⚠️Put wall at $141; breakout above $143 triggers gamma squeeze.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,507 (15.3% below spot)

Earnings Overview

Next earnings: 2026-08-03 (60 days)explicit

Expected moves:

  • 2026-06-05 (1d): ±$3.22 (2.3%)
  • 2026-06-12 (8d): ±$8.35 (5.9%)
  • 2026-06-18 (14d): ±$11.15 (7.9%)

IV Setup

Term structure: Steep contango from 1d to 8d; elevated for earnings 60d out.

Crush estimate: Moderate crush post-earnings; far-term IV still elevated.

Skew: Puts below $130 cheap; calls above $150 pricey.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: 5/5 beats, moves often exceed expected.

Directional bias: Bullish: 100% beat rate with upward drift.

Key Levels

1$120.00 gamma flip
2EM guardrails: 2d $138.48/$144.91; 1w $133.35/$150.05
3Max pain pins: $142 (2026-06-05); $145 (2026-06-12); $130 (2026-06-18)

Flow Highlights

Heavy 0DTE call buying, especially $143-$149 strikes.

Aggressive bullish positioning; dealers long gamma, pinning likely.

Unusual put sale at $141 (11x OI).

Hedging or bearish bet; adds support near $141.

Strategies

Bull Call Spread
Buy 2026-08-21 $140.00/$150.00 call spread
Debit: $3.78-$4.62
Max loss: $4.62
Max gain: $5.38
BE: $144.62
Trigger: Exit if spot breaks $130 support or IV crushes post-earnings.
100% beat rate and upward drift align with bullish bias; limited risk, defined gain.
Outperforms: Buy $140/$150 call spread to capture upside with elevated IV.
Underperforms: Loss of support weakens upside continuation thesis.
Long Straddle
Buy 2026-08-21 $140.00 put + buy $140.00 call
Debit: $26.53-$32.42
Max loss: $32.42
Max gain: Unlimited
BE: 107.58 / 172.42
Trigger: Sell after earnings move; manage gamma risk during event.
Earnings moves often exceed expected; elevated IV offers cheap vol.
Outperforms: Buy $140 straddle to profit from large move regardless of direction.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.
Long Strangle
Buy 2026-08-21 $135.00 put + buy $150.00 call
Debit: $20.52-$25.08
Max loss: $25.08
Max gain: Unlimited
BE: 109.92 / 175.08
Trigger: Monitor IV crush; close if spot stays near $140.
Cheaper than straddle with same directional flexibility.
Outperforms: Buy $135 put and $150 call for cheaper exposure to large moves.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!Gamma flip at $120 could exacerbate a selloff.
!Large call OI above $150 may cap upside if earnings disappoint.

What to Watch

?Spot holding above $141 support.
?IV crush post-earnings on 8/3.
?Any shift in flow mix toward puts.
How to Use These Reports
This earnings 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.