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PLTR

Palantir Technologies Inc.Close $201.72EOD only
Max Pain
$190.00
Next expiry Oct 23, 2026
Expected Move
±$6.21
3.1% from close
Price Gap
-11.72
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
1.16
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Oct 21, 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
Oct 21, 2026 close
PLTR Theta Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 8, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness4 / 10
Sizing: Moderate
Primary: Theta decay
Invalidation: Spot breaks below $120 support or above $150 resistance
Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 3.2% from MP; +0.5 VIX 19

IV Environment

IV Regime
High
IV vs VIX
IV 66.2% vs VIX 18.9; rich premium.
Favorable?
Yes

Term structure: Front put skew; 6/18 IV spike, likely event. Contango with kink.

📈IV elevated vs VIX; premium selling attractive.
⚠️6/18 expiry anomalous IV; caution short vega.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-3.9M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 26,604 (12.1% below spot)

OI concentrations: Call wall $150-$200; put floor $120-$125. Max pain $141 near term.

Verdict: Moderate pin risk; spot near $130, below max pain.

Premium Opportunities

#1
Iron condor
Sell 2026-07-17 $130.00/$120.00 put wing and $155.00/$165.00 call wing
Captures theta decay within a range; neutral outlook.
Credit: $3.85-$4.71
Max loss: $5.29
BE: 125.29 / 159.71
Mgmt: Close at 50% max profit or adjust if spot approaches wings.
#2
Put credit spread
Sell 2026-07-17 $130.00/$120.00 put spread
Short put spread benefits from time decay and stable spot.
Credit: $2.63-$3.22
Max loss: $6.78
BE: $126.78
Mgmt: Roll down if spot near short strike; close at 50% gain.
#3
Cash-secured put
Sell 2026-08-21 $130.00 cash-secured put
Selling put to collect premium with assignment risk.
Credit: $9.00-$11.00
Max loss: $119.00
BE: $119.00
Mgmt: Monitor delta; may roll out if tested.

Risk Alerts

!Dealer net short gamma ($-3.9M) increases spot sensitivity.
!Spot 3.2% below max pain; potential gravitation.
!VIX elevated at 19; monitor for trend.
How to Use These Reports
This theta reflects the market close on June 8, 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.