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PLTR

Palantir Technologies Inc.Close $132.07EOD only
Max Pain
$140.00
Next expiry Jun 12, 2026
Expected Move
±$5.79
4.4% from close
Price Gap
+7.93
Distance to max pain
IV Rank
78
High premium
P/C OI
0.93
Balanced positioning
Consensus
3.5/10
Bullish tilt
Published snapshot: Jun 9, 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 9, 2026 close
PLTR Earnings Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Heavy call buying observed, but 54-day gap suggests flow not directly earnings-driven. 100% beat rate supports underlying bullish bias.

Confidence:
6 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 5.6% from MP
Most important: Unusual call volume at $133/$134 strikes signals aggressive positioning; term structure shows elevated short-dated IV.
📈Unusual call volumes at $133-$135 suggest smart money positioning for move above max pain.
⚠️Net premium negative despite heavy call vol; could be paired trades. Watch for dark pool prints.
🧠100% beat rate over 5 quarters strengthens conviction for upside bias.

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 24,482 (7.8% below spot)

Earnings Overview

Next earnings: 2026-08-03 (54 days)explicit

Expected moves:

  • 2026-06-12 (2d): ±$4.74 (3.6%)
  • 2026-06-18 (8d): ±$8.55 (6.6%)
  • 2026-06-26 (16d): ±$11.42 (8.8%)

IV Setup

Term structure: Steep contango: 2d IV ~50%, 1w ~52%, 2w ~54%. Earnings IV not yet priced in Aug options.

Crush estimate: 30-50% post-earnings, but 54 days out, so front-month crush less relevant.

Skew: Call skew elevated, put skew flat; heavy call OI wall $140-$170.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Beat rate 100% (5/5), average beat ~5% (est).

Directional bias: Bullish given consistent beats and call flow.

Key Levels

1$120.00 gamma flip
2EM guardrails: 2d $125.47/$134.95; 1w $121.66/$138.76
3Max pain pins: $138 (2026-06-12); $130 (2026-06-18); $140 (2026-06-26)

Flow Highlights

6/12 $133C saw 10.6x vol/OI (7243 vol vs 686 OI).

Aggressive near-term bullish positioning, likely unrelated to earnings given 54-day gap.

6/12 $135C and $132C also heavy, with 3-4x vol/OI.

Bias towards upside breakout near resistance $138, likely not earnings-driven.

Net premium negative (-$15.3M) but skewed to calls on volume ratio.

Potential hedged bullish strategy or large blocks; may reflect macro positioning.

Strategies

Bull Call Spread Aug21
Buy 2026-08-21 $130.00/$140.00 call spread
Debit: $3.67-$4.48
Max loss: $4.48
Max gain: $5.52
BE: $134.48
Trigger: Exit if spot breaks below $130 or on IV expansion
Only eligible candidate; 100% beat rate and heavy call flow support bullish bias
Outperforms: Buy $130/$140 call spread capturing upside ahead of earnings
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!Gamma flip at $120 (7.8% below spot) could accelerate selloff.
!High VIX (22) and broad market weakness may cap upside.
!IV crush for non-earnings options if spot holds.

What to Watch

?Spot vs $138 max pain for 6/12 expiry; if closes above, bullish.
?Flow continuation: any reversal in call buying (e.g., put sweeps).
?Market context: SPY/QQQ recovery needed for break above $140.
How to Use These Reports
This earnings reflects the market close on June 10, 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.