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PLTR

Palantir Technologies Inc.Close $135.53EOD only
Max Pain
$144.00
Next expiry Jun 12, 2026
Expected Move
±$7.70
5.7% from close
Price Gap
+8.47
Distance to max pain
IV Rank
100
High premium
P/C OI
0.87
Slightly call-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Jun 5, 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 5, 2026 close
PLTR Earnings Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bullish flow and 100% beat streak, spot below gamma flip, 56d out, IV elevated.

Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 3.2% from MP; +0.5 VIX 19
Most important: Unusual call buying at 136-141 strikes; put floor at $120-$125.
📞Call volume 2.2x put volume, aggressive upside.
🛡️Put floor at $120-$125 from active OI.
⚠️Gamma flip at $120; spot below MP $141.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Bullish
Spot vs MP
Below
Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,604 (12.1% below spot)

Earnings Overview

Next earnings: 2026-08-03 (56 days)explicit

Expected moves:

  • 2026-06-12 (4d): ±$6.31 (4.6%)
  • 2026-06-18 (10d): ±$9.35 (6.9%)
  • 2026-06-26 (18d): ±$12.00 (8.8%)

IV Setup

Term structure: Contango: 4d ±4.6%, 10d ±6.9%, 18d ±8.8%.

Crush estimate: 40-60% post-earnings crush.

Skew: Put skew elevated; $120-$125 puts active.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: 100% beat rate; avg move vs implied N/A.

Directional bias: Bullish bias from flow and streak.

Key Levels

1$120.00 gamma flip
2EM guardrails: 1w $127.12/$145.82
3Max pain pins: $141 (2026-06-12); $130 (2026-06-18); $141 (2026-06-26)

Flow Highlights

PLTR 6/12 $137 Call: vol/oi 7.3

Aggressive bullish bet near money.

PLTR 6/12 $140 Call: vol/oi 3.8

Continued call accumulation.

Strategies

Bull Call Spread
Buy 2026-08-21 $135.00/$140.00 call spread
Debit: $1.96-$2.39
Max loss: $2.39
Max gain: $2.61
BE: $137.39
Trigger: Exit if spot breaks $130; take profit near max gain or roll on IV crush.
Best aligns with bullish flow and contango, reduces vega vs long call, defined risk.
Outperforms: Captures upside from $135 to $140 with limited cost, leverages elevated IV and beat streak.
Underperforms: Loss of support weakens upside continuation thesis.
Call Diagonal
Sell 2026-06-18 $143.00 call / buy 2026-07-10 $150.00 call
Debit: $1.08-$1.33
Max loss: $1.33
Max gain: Variable
BE: Path-dependent
Trigger: Close if spot nears $150 early; manage gamma risk on short leg.
Exploits contango and call wall at $150, benefits from time decay on short option.
Outperforms: Sells near-term call, buys later call to profit from vol term structure and bullish drift.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron Condor
Sell 2026-06-18 $130.00/$125.00 put wing and $145.00/$150.00 call wing
Credit: $1.66-$2.03
Max loss: $2.97
Max gain: $2.03
BE: 127.97 / 147.03
Trigger: Adjust wings if spot breaks $130 or $145; early close on IV contraction.
Defined risk range play suited for high IV, though less directional than others.
Outperforms: Profits from IV decay and contango if spot stays between $125-$145.
Underperforms: Move outside short strikes invalidates range thesis.
Long call
Buy 2026-08-21 $135.00 call
Debit: $13.50-$16.50
Max loss: $16.50
Max gain: Unlimited
BE: $151.50
100% beat streak, bullish flow, spot below gamma flip; long call captures upside with limited downside.
Outperforms: Leverage upside convexity from earnings beat trend and unusual call flow.
Underperforms: Failure at support and IV crush weaken long-call thesis.

Risk Assessment

!Gamma flip near $120
!Call wall at $150-$200
!Spot below max pain $141 (6/12)

What to Watch

?Price action at $130 support
?OI changes at $140 call
?VIX trend
How to Use These Reports
This earnings reflects the market close on June 8, 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.