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PLTR

Palantir Technologies Inc.Close $131.53EOD only
Max Pain
$124.00
Next expiry Jul 31, 2026
Expected Move
±$6.93
5.3% from close
Price Gap
-7.53
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.92
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Jul 27, 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 27, 2026 close
PLTR Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 12, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Selling Call Spreads
Invalidation: Spot > $134 or < $120
Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.5% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
Avg IV 71% >> VIX 17.7, rich for selling.
Favorable?
Yes

Term structure: Near-term (6-42 DTE) IV ~45-49%, longer-term ~54-56%. Contango. Call skew elevated.

⚠️Call IV elevated vs put (call skew), suggests hedging demand.
📉Dealer short gamma (-$175M) may amplify moves, especially below $120 gamma flip.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-174.9M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 24,371 (6.2% below spot)

OI concentrations: Put floor $110-$120 (24.4K OI at $120), Call wall $140-$170.

Verdict: Max pain $134 (Jun 12) is key pin level; spot below. Heavy call OI $140-$170 limits upside. Put OI at $120 offers support. Moderate pin risk.

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $125.00/$120.00 put spread
Sells put spread at 125/120 to capture premium from elevated IV with support from put OI.
Credit: $1.69-$2.06
Max loss: $2.94
BE: $122.94
Mgmt: Exit at 50% max gain or if spot closes below $125; invalidation at $125.

Risk Alerts

!Negative dealer gamma (-$175M) increases volatility risk.
!Call skew indicates potential upward pressure; short call positions at risk if spot rallies above $134.
How to Use These Reports
This theta reflects the market close on June 12, 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.