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PLTR

Palantir Technologies Inc.Close $172.55EOD only
Max Pain
$140.00
Next expiry Aug 21, 2026
Expected Move
±$7.10
4.1% from close
Price Gap
-32.55
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
1.00
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Aug 17, 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
Aug 17, 2026 close
PLTR Theta Report
Analysis based on market close May 19, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from May 19, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness9 / 10
Sizing: Aggressive
Primary: Premium Selling
Invalidation: Spot breaks below $120 gamma flip or above $150 call wall
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.7% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 60.5% vs VIX 18, significantly elevated
Favorable?
Yes

Term structure: Near-term put skew (May22 put IV 97.9%); back months flat ~52-54%

📈Dealer long gamma $42.6M supports pinning near max pain $133-$135
⚠️Heavy put OI at $120 (gamma flip) provides downside floor

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+42.6M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 32,020 (11.3% below spot)

OI concentrations: Max pain $133/$135; put OI $120; call wall $150-$155

Verdict: Pinning near $133-$135, gamma flip $120 support, drift likely

Premium Opportunities

#1
Put credit spread
Sell 2026-06-18 $130.00/$125.00 put spread
Sell 130/125 put spread, collect up to $1.76 credit.
Credit: $1.44-$1.76
Max loss: $3.24
BE: $128.24
Mgmt: Exit if spot drops below $133.
#2
Iron condor
Sell 2026-06-18 $130.00/$125.00 put wing and $135.00/$145.00 call wing
Sell 130/125 put and 135/145 call spread, collect up to $6.05 credit.
Credit: $4.95-$6.05
Max loss: $3.95
BE: 123.95 / 141.05
Mgmt: Monitor breakouts above $145 or below $125.

Risk Alerts

!High put skew tail risk
!Short-dated gamma flip at $120
!Call OI resistance at $150
How to Use These Reports
This theta reflects the market close on May 19, 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.