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PLTR

Palantir Technologies Inc.Close $128.47EOD only
Max Pain
$133.00
Next expiry Jun 26, 2026
Expected Move
±$6.82
5.3% from close
Price Gap
+4.53
Distance to max pain
IV Rank
100
High premium
P/C OI
0.89
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
PLTR Earnings Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bullish bias into earnings with heavy call buying, 100% beat rate.

Confidence:
6 / 10
base 5; -1 GEX/flow contradict; +1 spot 0.4% from MP; +1 VIX 16
Most important: Massive 0DTE and weekly call buying signals aggressive upside positioning.
📈Insane 0DTE call volume on $127-$129 strikes, huge bullish conviction.
⚠️Gamma flip at $120 with put OI wall; risk of sharp reversal if broken.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$120.00 — Approx — based on put OI concentration of 25,286 (6.6% below spot)

Earnings Overview

Next earnings: 2026-08-03 (46 days)explicit

Expected moves:

  • 2026-06-26 (8d): ±$6.83 (5.3%)
  • 2026-07-02 (14d): ±$9.40 (7.3%)
  • 2026-07-10 (22d): ±$11.68 (9.1%)

IV Setup

Term structure: Upward sloping, short-dated IV ~30-50%, longer-dated ~25%.

Crush estimate: Expect IV crush ~40% post-earnings.

Skew: Call skew elevated on heavy demand, puts depressed.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Moves have averaged 1.2x expected.

Directional bias: Bullish due to 100% beat rate and flow.

Key Levels

1$120.00 gamma flip
2EM guardrails: 1w $121.65/$135.30
3Max pain pins: $128 (2026-06-18); $133 (2026-06-26); $135 (2026-07-02)

Flow Highlights

0DTE $127-$129 calls traded 50k+ contracts with vol/OI ratios >20.

Aggressive bullish bets expiring today.

Weekly $128-$131 calls also heavily traded.

Positioning for continued upside into next week.

Strategies

Call calendar
Sell 2026-06-26 $138.00 call / buy 2026-07-24 $138.00 call
Debit: $3.17-$3.88
Max loss: $3.88
Max gain: Variable
BE: Path-dependent
Trigger: Exit back-month before earnings; manage theta decay.
Aligns with upward sloping IV term structure and bullish bias.
Outperforms: Sells rich near-term vol, buys cheap back-month vol.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Call calendar
Sell 2026-06-26 $138.00 call / buy 2026-07-24 $138.00 call
Debit: $3.17-$3.88
Max loss: $3.88
Max gain: Variable
BE: Path-dependent
Trigger: Same as e2: exit back-month before earnings.
Duplicate setup offers another entry if missed on e2.
Outperforms: Exploits term structure premium same as e2.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron condor
Sell 2026-06-26 $128.00/$127.00 put wing and $138.00/$139.00 call wing
Credit: $0.50-$0.61
Max loss: $0.39
Max gain: $0.61
BE: 127.39 / 138.61
Trigger: Widen wings if spot breaches; exit early on momentum.
Harvests high short-dated IV but contrarian to bullish flow.
Outperforms: Sells wings for premium with defined risk.
Underperforms: Move outside short strikes invalidates range thesis.

Risk Assessment

!Gamma flip at $120 could accelerate selloff if breached.
!High VIX and tech correlation may amplify downside.
!0DTE call buyers may unwind, pressuring spot.

What to Watch

?Spot vs $128 max pain today and $133 next week.
?VIX trend: above 15 indicates elevated volatility.
?Continued call buying or put hedging.
How to Use These Reports
This earnings reflects the market close on June 18, 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.