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PLTR

Palantir Technologies Inc.Close $112.93EOD only
Max Pain
$115.00
Next expiry Jul 2, 2026
Expected Move
±$6.15
5.5% from close
Price Gap
+2.07
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Jun 26, 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 26, 2026 close
PLTR Earnings Report
Analysis based on market close June 29, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

PLTR has 100% beat rate but heavy put buying conflicts. High IV offers premium; risk of bearish surprise.

Confidence:
5.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); -0.5 spot 4.2% from MP; +1 VIX 18
Most important: Heavy put flow on near-dated strikes suggests hedging or bearish positioning ahead of Aug 3 earnings.
⚠️Heavy put buying on near-term strikes suggests caution into earnings.
📈Historical beat streak 100% maintains bullish thesis for long-term holders.
⚡High IV environment offers premium but large move risk; 18d implied 8.9%.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
Above
Gamma flip: ~$110.00 — Approx — based on put OI concentration of 21,793 (4.9% below spot)

Earnings Overview

Next earnings: 2026-08-03 (35 days)explicit

Expected moves:

  • 2026-07-02 (3d): ±$4.90 (4.2%)
  • 2026-07-10 (11d): ±$7.95 (6.9%)
  • 2026-07-17 (18d): ±$10.27 (8.9%)

IV Setup

Term structure: Upward sloping: 3d ±4.2%, 11d ±6.9%, 18d ±8.9%.

Crush estimate: Expected ~3-4% IV crush post-earnings; current implied moves elevated.

Skew: Put skew elevated; unusual put buying at 107-118 strikes.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Historical beats average move slightly above implied (est. +4.5% vs +4.2% 3d).

Directional bias: Bullish; 100% beat rate supports upward drift.

Key Levels

1$110.00 gamma flip
2EM guardrails: 2d $110.80/$120.59
3Max pain pins: $111 (2026-07-02); $120 (2026-07-10); $130 (2026-07-17)

Flow Highlights

Unusual put buying: 6,971 contracts on Jul2 $116 put (vol/OI 15x).

Large put positioning signals bearish hedging or directional bet.

Net premium -$73.5M; put/call vol ratio 0.56 (more calls traded).

Mixed flow: call volume high but put premium dominates; bearish bias.

Strategies

Short Strangle
Sell 2026-07-10 $110.00 put + sell $125.00 call
Credit: $2.48-$3.04
Max loss: Unlimited
Max gain: $3.04
BE: 106.96 / 128.04
Trigger: Close at 50% max gain or adjust if breached.
Best given conflicting signals; profits from IV crush and time decay.
Outperforms: Sells OTM put and call to collect premium; neutral direction.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Long Strangle
Buy 2026-07-02 $110.00 put + buy $125.00 call
Debit: $0.75-$0.91
Max loss: $0.91
Max gain: Unlimited
BE: 109.09 / 125.91
Trigger: Exit if IV collapses or after earnings.
Lower cost than straddle; captures typical move with wider breakevens.
Outperforms: Buys OTM put and call; profits from large directional move.
Underperforms: Insufficient realized move reduces long-strangle edge.
Long Straddle
Buy 2026-07-02 $116.00 put + buy $116.00 call
Debit: $4.41-$5.38
Max loss: $5.38
Max gain: Unlimited
BE: 110.62 / 121.38
Trigger: Set stop-loss at 50% of premium; close post-earnings.
ATM straddle captures full move but is expensive; high IV reduces edge.
Outperforms: Buys ATM put and call; profits from large move either direction.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!IV crush risk: 35-day premium will decay post-earnings.
!Conflicting flow: heavy put buying contradicts bullish history.
!Gamma pinning: max pain $111 (Jul2); spot $115.88 may drift lower.

What to Watch

?Jul2 $110 gamma flip level (put OI concentration).
?Call wall at $140-$155; resistance near $126.
?Large put activity at 107-116 strikes for reaction.
How to Use These Reports
This earnings reflects the market close on June 29, 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.