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PLTR

Palantir Technologies Inc.Close $134.85EOD only
Max Pain
$130.00
Next expiry Jul 24, 2026
Expected Move
±$7.03
5.2% from close
Price Gap
-4.85
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.92
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Jul 20, 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
Jul 20, 2026 close
PLTR Theta Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 5, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness6 / 10
Sizing: Conservative
Primary: Premium selling
Invalidation: Spot breaks below $120 or above $143
Confidence:
7 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.6% from MP; +0.5 VIX 22

IV Environment

IV Regime
High
IV vs VIX
IV significantly elevated vs VIX (70.6% vs 21.5)
Favorable?
Yes

Term structure: Steep backwardation at front, then mild contango

📈IV at 70.6% vs VIX 21.5 offers rich premium for sellers.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-3.2M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,536 (11.5% below spot)

OI concentrations: Put floor $120-$125, Call wall $150-$200, Max pain $142 for 0 DTE

Verdict: Moderate pin risk near $142 max pain

Premium Opportunities

#1
Short strangle
Sell 2026-06-26 $126.00 put + sell $149.00 call
Sells OTM put and call to profit from time decay and IV contraction.
Credit: $4.40-$5.38
Max loss: Unlimited
BE: 120.62 / 154.38
Mgmt: Close or roll if stock approaches strikes; exit before earnings to avoid gap risk.
#2
Iron condor
Sell 2026-06-26 $124.00/$116.00 put wing and $152.50/$162.50 call wing
Neutral outlook with defined risk using put and call spreads.
Credit: $1.93-$2.35
Max loss: $7.65
BE: 121.65 / 154.85
Mgmt: Manage wings if breached; exit before earnings.

Risk Alerts

!Gamma flip risk below $120.
!High IV may compress quickly.
!Trending regime increases directional risk.
How to Use These Reports
This theta reflects the market close on June 5, 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.