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PLTR

Palantir Technologies Inc.Close $119.50EOD only
Max Pain
$129.00
Next expiry Jun 26, 2026
Expected Move
±$5.95
5.0% from close
Price Gap
+9.50
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.93
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 22, 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 22, 2026 close
PLTR Earnings Report
Analysis based on market close June 23, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

PLTR earnings in 41 days; high IV and strong call flow suggest bullish anticipation but risks from broad market weakness.

Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 7.4% from MP; +0.5 VIX 19
Most important: 100% beat rate and aggressive call buying support bullish bias; near-term resistance at $126.
📈Aggressive call buying on 7/2 expiries signals bullish sentiment ahead of earnings.
⚠️Large put volume at $118 6/26 suggests hedging or bearish positioning near resistance.

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 20,557 (5.7% below spot)

Earnings Overview

Next earnings: 2026-08-03 (41 days)explicit

Expected moves:

  • 2026-06-26 (3d): ±$4.99 (4.3%)
  • 2026-07-02 (9d): ±$7.68 (6.6%)
  • 2026-07-10 (17d): ±$10.10 (8.7%)

IV Setup

Term structure: Steep contango: 3d ±4.3%, 9d ±6.6%, 17d ±8.7%.

Crush estimate: Significant; IV likely drops 30-50% post-event.

Skew: Put OI concentrated at $100-$110; calls at $140-$155.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: 100% beat rate; avg move not available.

Directional bias: Bullish based on consistent beats.

Key Levels

1$110.00 gamma flip
2EM guardrails: 2d $111.71/$121.68; 1w $109.02/$124.37
3Max pain pins: $126 (2026-06-26); $130 (2026-07-02); $133 (2026-07-10)

Flow Highlights

Unusual call buying on 7/2 $121, $122, $124 strikes with vol/oi >10.

Bullish positioning for earnings; traders expecting move above $121.

Large put trade on 6/26 $118 strike (12,465 vol).

Potentially hedging or bearish bet targeting support break.

Strategies

Bullish Diagonal
Sell 2026-07-10 $124.00 call / buy 2026-08-21 $130.00 call
Debit: $3.28-$4.01
Max loss: $4.01
Max gain: Variable
BE: Path-dependent
Trigger: Close if stock drops below $110; roll short call if challenged.
Profits from IV crush and steep contango; bullish bias from 100% beat rate.
Outperforms: Sell Jul10 $124C, buy Aug21 $130C; gains from time decay and upside.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Bullish-Skewed Iron Condor
Sell 2026-08-21 $105.00/$95.00 put wing and $140.00/$155.00 call wing
Credit: $4.00-$4.89
Max loss: $10.11
Max gain: $4.89
BE: 100.11 / 144.89
Trigger: Adjust wings if stock nears $105 or $140.
Captures 30-50% IV crush; put wing wider for bullish tilt.
Outperforms: Sell $105/$95 puts & $140/$155 calls; profits between $105-$140.
Underperforms: Move outside short strikes invalidates range thesis.
Bull Call Spread
Buy 2026-08-21 $125.00/$140.00 call spread
Debit: $3.40-$4.15
Max loss: $4.15
Max gain: $10.85
BE: $129.15
Trigger: Exit if stock closes below $110; close early if IV drops.
Leverages bullish bias with defined risk; IV crush is a headwind.
Outperforms: Buy Aug21 $125/$140 call spread; max profit if above $140.
Underperforms: Loss of support weakens upside continuation thesis.
Call diagonal
Sell 2026-07-10 $129.00 call / buy 2026-08-21 $120.00 call
Debit: $7.35-$8.99
Max loss: $8.99
Max gain: Variable
BE: Path-dependent
Front-month IV high relative to back-month delta; capitalize on time decay and IV crush while maintaining bullish bias.
Outperforms: Sell near-term OTM call premium, buy back-month higher-delta call for directional exposure with vol skew edge.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Broad market selloff (QQQ -3.3%)
!VIX at 19.5 signaling elevated volatility
!Spot below max pain ($126) and near put floor ($110-100)

What to Watch

?Earnings on Aug 3; IV crush post-event; $126 resistance; $110 support.
How to Use These Reports
This earnings reflects the market close on June 23, 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.