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PLTR

Palantir Technologies Inc.Close $141.70EOD only
Max Pain
$142.00
Next expiry Jun 5, 2026
Expected Move
±$3.21
2.3% from close
Price Gap
+0.30
Distance to max pain
IV Rank
78
High premium
P/C OI
0.89
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 4, 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 4, 2026 close
PLTR Earnings Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

PLTR setup: 100% beat rate, strong call flow on 6/12 $138-$142, but earnings 59 days away. Near-term max pain $142, support $125.

Confidence:
7 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.6% from MP; +0.5 VIX 22
Most important: Call OI wall $150-$200 vs put floor $120-$125.
📊100% beat rate over 5 quarters.
⚠️Earnings 59 days away; IV crush minimal.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,536 (11.5% below spot)

Earnings Overview

Next earnings: 2026-08-03 (59 days)explicit

Expected moves:

  • 2026-06-12 (7d): ±$7.70 (5.7%)
  • 2026-06-18 (13d): ±$10.50 (7.7%)
  • 2026-06-26 (21d): ±$12.85 (9.5%)

IV Setup

Term structure: Steep; near-term elevated due to macro, earnings far.

Crush estimate: Minimal, earnings distant.

Skew: OTM put skew elevated; call skew steep on upside.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: In line, but 100% beat rate suggests upside bias.

Directional bias: Bullish from consistent beats.

Key Levels

1$120.00 gamma flip
2EM guardrails: 1w $127.83/$143.23
3Max pain pins: $142 (2026-06-05); $144 (2026-06-12); $130 (2026-06-18)

Flow Highlights

Large call buys 6/12 $138-$142.

Bullish near-term positioning despite macro drag.

Strategies

Call Diagonal
Sell 2026-06-12 $142.00 call / buy 2026-07-10 $147.00 call
Debit: $2.64-$3.22
Max loss: $3.22
Max gain: Variable
BE: Path-dependent
Trigger: Stop at $125; roll if near-term call tested.
Exploits steep term structure; no earnings risk; defined risk.
Outperforms: Sell near-term high IV call, buy longer-dated cheap call.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Long Call
Buy 2026-08-21 $145.00 call
Debit: $9.70-$11.85
Max loss: $11.85
Max gain: Unlimited
BE: $156.85
Trigger: Set stop at $125; roll if close to earnings.
100% beat rate; bullish call flow; but high theta.
Outperforms: Buy call to capture upside from beat.
Underperforms: Failure at support and IV crush weaken long-call thesis.
Iron Condor
Sell 2026-06-12 $128.00/$124.00 put wing and $144.00/$149.00 call wing
Credit: $1.09-$1.33
Max loss: $3.67
Max gain: $1.33
BE: 126.67 / 145.33
Trigger: Exit if PLTR breaks $125 or $144.
Support at $125, resistance at $144; IV crush post-earnings benefits short options.
Outperforms: Sell strangle with wide wings.
Underperforms: Move outside short strikes invalidates range thesis.
Long strangle
Buy 2026-08-21 $130.00 put + buy $140.00 call
Debit: $21.02-$25.69
Max loss: $25.69
Max gain: Unlimited
BE: 104.31 / 165.69
High beat rate, call wall $150; cheap premium.
Outperforms: Buy strangle for large post-earnings move.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!Macro headwinds: QQQ -4.8%, VIX 21.5.
!Gamma flip at $120 risks acceleration if broken.
!Call OI wall $150 may cap upside.

What to Watch

?Price vs gamma flip $120.
?Volume near $150 call wall.
?Sustained put OI at $125 support.
How to Use These Reports
This earnings reflects the market close on June 5, 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.