thetaOwl
HomeOptionsPLTRReports

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 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

PLTR earnings 42 days out; IV elevated above historical moves; 100% beat rate supports bullish bias.

Confidence:
7 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 7.4% from MP; +1 VIX 17
Most important: Earnings tail risk; high IV but call OI wall at $140-$155 caps upside.
📊100% beat rate (5/5) but no direction data; beats alone don't imply upside moves
⚠️Put floor at $110 (19k OI) and gamma flip: strong support but breach risks collapse
📈Unusual call buying at $120-$125 strikes suggests bullish sentiment near term

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$110.00 — Approx — based on put OI concentration of 19,220 (7.9% below spot)

Earnings Overview

Next earnings: 2026-08-03 (42 days)explicit

Expected moves:

  • 2026-06-26 (4d): ±$5.94 (5.0%)
  • 2026-07-02 (10d): ±$8.45 (7.1%)
  • 2026-07-10 (18d): ±$10.82 (9.1%)

IV Setup

Term structure: Upward sloping: 4d ±5%, 10d ±7.1%, 18d ±9.1%

Crush estimate: Moderate-high post-earnings crush; historical avg move ~6.2% vs ~5% implied

Skew: Put skew modest, call OI clusters at $125-$135, heavy wall above $140

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Historical avg move 6.2% vs 5% implied; 100% beat rate

Directional bias: Upward bias from 5/5 beats; actual move direction not provided

Key Levels

1$110.00 gamma flip
2EM guardrails: 1w $111.05/$127.95
3Max pain pins: $129 (2026-06-26); $135 (2026-07-02); $137 (2026-07-10)

Flow Highlights

Unusual call buying at $120-$125 June 26 expiry: 6k-8k vol vs OI <1k

Aggressive bullish positioning into near-term; potential gamma squeeze if spot rises above $125

Put activity at $112 and $114: vol/OI ~10x, suggests hedging or bearish bets

Institutional hedging or speculating on downside; aligns with spot below MP

Strategies

Call diagonal
Sell 2026-07-10 $129.00 call / buy 2026-08-21 $120.00 call
Debit: $8.07-$9.87
Max loss: $9.87
Max gain: Variable
BE: Path-dependent
Trigger: Exit if spot <110 or IV spikes; roll if near profit target.
Upward term structure and 100% beat rate favor diagonal; front-month premium offsets back-month vega.
Outperforms: Sell Jul 129 call, buy Aug 120 call. Captures time decay and post-earnings move.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Bull call spread
Buy 2026-08-21 $125.00/$130.00 call spread
Debit: $1.60-$1.95
Max loss: $1.95
Max gain: $3.05
BE: $126.95
100% beat rate and elevated IV support bullish bias; spread reduces cost and caps risk.
Outperforms: Capture post-earnings upside with defined-risk bull call spread.
Underperforms: Loss of support weakens upside continuation thesis.
Long strangle
Buy 2026-08-21 $110.00 put + buy $130.00 call
Debit: $12.24-$14.96
Max loss: $14.96
Max gain: Unlimited
BE: 95.04 / 144.96
Historical avg move exceeds implied; strangle cheaper than straddle.
Outperforms: Non-directional volatility play to capture earnings move.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!High IV (~52-56%) may overstate expected move; crush could be sharp
!Call OI wall $140-$155 likely caps rally into earnings
!Gamma flip near $110 provides support but risk of breakdown if breached
!Earnings 42 days away; short-dated options sensitive to vol changes

What to Watch

?Spot vs $129 max pain (June 26); move above could accelerate buying
?Volume in $125 calls for breakout signal
?Broader market VIX trend; if spikes, PLTR vol may rise further
How to Use These Reports
This earnings reflects the market close on June 22, 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.