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PLTR

Palantir Technologies Inc.Close $127.99EOD only
Max Pain
$130.00
Next expiry Jun 18, 2026
Expected Move
±$6.35
5.0% from close
Price Gap
+2.01
Distance to max pain
IV Rank
100
High premium
P/C OI
0.89
Slightly call-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: Jun 12, 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 12, 2026 close
PLTR Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

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Earnings Verdict

PLTR earnings 53 days out; 100% beat rate but spot below max pain; high IV regime.

Confidence:
5 / 10
base 5; -0.5 spot 3.6% from MP; +0.5 VIX 19
Most important: Spot $131 below MP $136; gamma flip at $120; call OI wall $140-$170.
📉High put OI at $120 support near gamma flip.
📈Call wall at $140-$170 caps upside.
💰100% beat rate over 5 quarters.

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 24,937 (8.5% below spot)

Earnings Overview

Next earnings: 2026-08-03 (53 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$3.28 (2.5%)
  • 2026-06-18 (7d): ±$7.60 (5.8%)
  • 2026-06-26 (15d): ±$10.55 (8.0%)

IV Setup

Term structure: Front-end IV ~45%, back month ~35% contango.

Crush estimate: Moderate post-earnings crush, ~10-15 pts IV.

Skew: Put skew elevated below $120 due to gamma flip.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Avg move +3.5% vs exp ±2.5% based on beat rate.

Directional bias: Bullish given 100% beat rate.

Key Levels

1$120.00 gamma flip
2EM guardrails: 2d $127.80/$134.36; 1w $123.48/$138.68
3Max pain pins: $136 (2026-06-12); $130 (2026-06-18); $139 (2026-06-26)

Flow Highlights

Unusual put volume 8497 at $118 strike exp 6/12 (vol/oi 14.7).

Bearish hedge positioning near gamma flip.

Heavy call buying at $130-$133 strikes, large open interest.

Bullish sentiment, but resistance at $140.

Strategies

Bull Call Spread
Buy 2026-08-21 $135.00/$140.00 call spread
Debit: $1.73-$2.12
Max loss: $2.12
Max gain: $2.88
BE: $137.12
Trigger: Close if spot breaks below $130 or near profit target if IV surges before earnings
Limits vega cost against crush, capitalizes on call wall at $140
Outperforms: Buy 135/140 call spread to express bullish view with defined risk
Underperforms: Loss of support weakens upside continuation thesis.
Long Call
Buy 2026-08-21 $140.00 call
Debit: $8.89-$10.86
Max loss: $10.86
Max gain: Unlimited
BE: $150.86
Trigger: Monitor gamma flip at $120; consider closing if spot stays below max pain as earnings approach
Unlimited upside potential given strong beat rate and high IV
Outperforms: Buy 140 call to leverage bullish breakout above max pain
Underperforms: Failure at support and IV crush weaken long-call thesis.

Risk Assessment

!Spot below max pain ($136) may pin price.
!Gamma flip at $120 if selloff accelerates.
!Call wall at $140 caps upside.

What to Watch

?Earnings Aug 3, 53 days out.
?Gamma flip level $120.
?Max pain $136 and call OI $140.
How to Use These Reports
This earnings reflects the market close on June 11, 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.