thetaOwl
HomeOptionsPLTRReports

PLTR

Palantir Technologies Inc.Close $123.06EOD only
Max Pain
$124.00
Next expiry Aug 7, 2026
Expected Move
±$14.00
11.4% from close
Price Gap
+0.94
Distance to max pain
IV Rank
21
Low premium
P/C OI
0.89
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Jul 31, 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 31, 2026 close
PLTR Theta Report
Analysis based on market close June 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 17, 2026. A newer theta report is available for June 29, 2026.

View latest report

Theta Verdict

Attractiveness5 / 10
Sizing: Moderate
Primary: Short premium strategies
Invalidation: Break below $129 support
Confidence:
5 / 10
base 5; -1 GEX/flow contradict; +0.5 spot 1.3% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 73% >> VIX 18, rich premium
Favorable?
Yes

Term structure: Flat term structure, slight contango, near-term elevated

📈IV elevated vs VIX, favorable for premium sellers

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Trending ($-18.4M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 25,341 (8.1% below spot)

OI concentrations: Max pain $129; call wall $140-$170; put floor $120

Verdict: Spot above max pain, pin risk moderate near $129

Premium Opportunities

#1
Put credit spread
Sell 2026-07-10 $124.00/$123.00 put spread
Sells out-of-the-money puts to capture elevated IV with support near $129.
Credit: $0.28-$0.34
Max loss: $0.66
BE: $123.66
Mgmt: Exit at 50% profit or if spot breaks $130.
#2
Iron condor
Sell 2026-07-17 $125.00/$120.00 put wing and $140.00/$145.00 call wing
Sells both put and call wings to profit from range-bound movement.
Credit: $2.46-$3.01
Max loss: $1.99
BE: 121.99 / 143.01
Mgmt: Adjust wings if spot approaches $125 or $140.

Risk Alerts

!Negative dealer gamma (-$18.4M) may amplify moves
!High IV but event risk near expiry
How to Use These Reports
This theta reflects the market close on June 17, 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.