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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 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

PLTR earnings in 52 days; 100% beat rate supports bullish lean, but spot below max pain and high IV caution.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.5% from MP; +1 VIX 18
Most important: 100% beat rate and heavy OTM call buying vs. gamma flip at $120 and VIX 18.
🚀Heavy OTM call accumulation suggests bullish conviction.
⚠️Deep OTM put buying signals fear of tail risk.
📊IV term structure steep; expect crush post-event.

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 24,371 (6.2% below spot)

Earnings Overview

Next earnings: 2026-08-03 (52 days)explicit

Expected moves:

  • 2026-06-18 (6d): ±$6.35 (5.0%)
  • 2026-06-26 (14d): ±$9.40 (7.3%)
  • 2026-07-02 (20d): ±$11.33 (8.8%)

IV Setup

Term structure: Slightly upward sloping; 52-day IV ~45%, near-term IV higher, reflecting earnings uncertainty.

Crush estimate: Moderate crush post-earnings; IV likely drops ~10-15 points.

Skew: Call skew elevated near term; put support $110-$120 based on OI.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Average move near implied; beat rate 100% suggests upside bias.

Directional bias: Slightly bullish given consistent beats.

Key Levels

1$120.00 gamma flip
2EM guardrails: 1w $121.64/$134.34
3Max pain pins: $134 (2026-06-12); $130 (2026-06-18); $139 (2026-06-26)

Flow Highlights

Massive OTM call buying on weekly expirations (e.g., $128C vol/OI 46.9, $129C 26.6).

Speculative bullish bets; may indicate anticipation of short-term upside.

Deep OTM put at $75 (IV 105%) with elevated volume.

Tail hedge against severe downside; low probability but high IV.

Strategies

Pre-Earnings Range Play
Sell 2026-07-10 $125.00/$120.00 put wing and $135.00/$137.00 call wing
Credit: $2.23-$2.72
Max loss: $2.28
Max gain: $2.72
BE: 122.28 / 137.72
Trigger: Close at 50% profit or adjust if spot nears wings.
Avoids earnings event; profits from range-bound price action; high IV makes premium attractive.
Outperforms: Sells put and call wings to capture theta and IV contraction.
Underperforms: Move outside short strikes invalidates range thesis.
Cheap Upside Bet
Buy 2026-06-18 $124.00 put + buy $132.00 call
Debit: $2.88-$3.52
Max loss: $3.52
Max gain: Unlimited
BE: 120.48 / 135.52
Trigger: Set stop at 50% loss; exit before earnings.
100% beat rate supports upside; strangle cheaper than straddle with similar exposure.
Outperforms: Buys OTM put and call to profit from large post-earnings move.
Underperforms: Insufficient realized move reduces long-strangle edge.
High IV Long Vol
Buy 2026-06-18 $128.00 put + buy $128.00 call
Debit: $5.71-$6.99
Max loss: $6.99
Max gain: Unlimited
BE: 121.01 / 134.99
Trigger: Manage gamma risk; close if IV collapses.
Highest premium cost but captures both directions; IV may be overpriced with 52 days to earnings.
Outperforms: Buys ATM put and call for maximum gamma exposure.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!Large call OI wall $140-$170 caps upside.
!Gamma flip near $120; break below accelerates selling.
!High IV may be overpriced with 52 days to earnings.
!Spot below max pain ($134) suggests negative dealer delta.
!Unusual call buying may be short-lived.

What to Watch

?Weekly OPEX (6/12) resistance/support at $128-$130.
?Price reaction to EM guardrails ($121.64/$134.34).
?Sustained call buying into earnings.
?Earnings date confirmation and revisions.
How to Use These Reports
This earnings reflects the market close on June 12, 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.