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PLTR

Palantir Technologies Inc.Close $136.88EOD only
Max Pain
$135.00
Next expiry May 29, 2026
Expected Move
±$6.08
4.5% from close
Price Gap
-1.88
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
0.96
Balanced positioning
Consensus
7.5/10
Neutral tilt
Published snapshot: May 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
May 22, 2026 close
PLTR Theta Report
Analysis based on market close May 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness9 / 10
Sizing: Aggressive
Primary: Bull Put Spread
Invalidation: Break below $130 support
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.4% from MP; +1 VIX 17

IV Environment

IV Regime
High
IV vs VIX
IV elevated vs VIX (60.8% vs 17.0)
Favorable?
Yes

Term structure: Front-end elevated (44-46%), back-end higher (52-54%), with notable spike at 23-day expiry

📈Call volume dominates (P/C vol ratio 0.47); bullish flow supports premium selling
📍Max Pain at $136 this week and next, with strong put floor at $110-125

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+29.2M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 30,223 (12.2% below spot)

OI concentrations: Max Pain $136 (3,10d); Put floor $110-125; Call wall $150-155

Verdict: Low pin risk near expiry; spot near $136 max pain could pin. Strong support limits downside.

Premium Opportunities

#1
Put credit spread
Sell 2026-06-18 $130.00/$127.00 put spread
Sell $130/$127 put spread to capture theta with defined risk.
Credit: $0.83-$1.01
Max loss: $1.99
BE: $128.99
Mgmt: Close at 50-75% max profit or if spot breaks $130.
#2
Iron condor
Sell 2026-06-18 $130.00/$127.00 put wing and $145.00/$146.00 call wing
Sell put and call wings to collect theta in low volatility.
Credit: $1.08-$1.32
Max loss: $1.68
BE: 128.68 / 146.32
Mgmt: Adjust wings if spot moves toward strikes.
#3
Cash-secured put
Sell 2026-06-18 $130.00 cash-secured put
Sell $130 put to collect premium and potentially buy shares.
Credit: $3.08-$3.77
Max loss: $126.23
BE: $126.23
Mgmt: Roll down if spot falls; let expire if above strike.

Risk Alerts

!High IV may decay quickly if spot moves sharply; monitor theta decay.
!Gamma flip risk at $120 (put OI concentration).
How to Use These Reports
This theta reflects the market close on May 26, 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.