thetaOwl
HomeOptionsPLTRReports

PLTR

Palantir Technologies Inc.Close $196.75EOD only
Max Pain
$190.00
Next expiry Oct 30, 2026
Expected Move
±$10.57
5.4% from close
Price Gap
-6.75
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
1.18
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Oct 23, 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 23, 2026 close
PLTR Theta Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 10, 2026. A newer theta report is available for June 29, 2026.

View latest report

Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Iron condor
Invalidation: Spot breaks below 120 or above 140
Confidence:
6 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 5.6% from MP

IV Environment

IV Regime
High
IV vs VIX
AVG IV 70.3% vs VIX 22.2%: 3x elevated
Favorable?
Yes

Term structure: Front-week ATM IV 51% with call/put skew >80%; longer tenors 55-57%

⚠️Negative dealer gamma -$54.8M amplifies move potential
📉Spot 5.6% below max pain $138; downside pin risk

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-54.8M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 24,482 (7.8% below spot)

OI concentrations: Put OI heavy at $120 gamma flip and $130 support; Call wall $140-$170

Verdict: Downside pin likely; negative gamma reinforces bearish bias

Premium Opportunities

#1
Iron condor
Sell 2026-07-10 $130.00/$129.00 put wing and $138.00/$139.00 call wing
Sell put/call wings around tight range to capture elevated premium
Credit: $0.67-$0.82
Max loss: $0.18
BE: 129.18 / 138.82
Mgmt: Exit near max gain or if spot breaks wings

Risk Alerts

!Elevated front-week IV skew suggests event risk near 6/12 expiry
!Negative dealer gamma may cause sharp reactions to price moves
How to Use These Reports
This theta reflects the market close on June 10, 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.