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PLTR

Palantir Technologies Inc.Close $128.47EOD only
Max Pain
$133.00
Next expiry Jun 26, 2026
Expected Move
±$6.82
5.3% from close
Price Gap
+4.53
Distance to max pain
IV Rank
100
High premium
P/C OI
0.89
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 18, 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
Jun 18, 2026 close
PLTR Theta Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Short premium on max pain
Invalidation: Spot breaks below $120 gamma flip or above $140 call wall.
Confidence:
6 / 10
base 5; -1 GEX/flow contradict; +1 spot 0.4% from MP; +1 VIX 16; override: Base confidence 6: high vol, bullish flow, spot at MP, but negative GEX.

IV Environment

IV Regime
High
IV vs VIX
IV 77% vs VIX 16, elevated stock-specific uncertainty.
Favorable?
Yes

Term structure: Contango: front low (expiry), then upward, normal forward vol pricing.

⚠️Negative GEX -81.2M: dealer short gamma amplifies moves.
📍Spot near max pain $128 for 0DTE, pinning likely.

Pin Risk Assessment

Spot vs MP: At

GEX regime: Trending ($-81.2M)

Gamma flip: ~$120.00 — Approx — based on put OI concentration of 25,286 (6.6% below spot)

OI concentrations: Put floor $120 (25,286 OI); call wall $140-$170.

Verdict: Elevated pin risk for 0DTE ($128) and weekly ($133, $135) expirations.

Premium Opportunities

#1
Iron condor
Sell 2026-08-21 $125.00/$120.00 put wing and $130.00/$135.00 call wing
Sell credit spreads on both sides to capture theta and volatility contraction while keeping risk defined.
Credit: $3.78-$4.62
Max loss: $0.38
BE: 120.38 / 134.62
Mgmt: Exit at 50% of max gain or adjust wings if PLTR nears short strikes before expiration.
#2
Put credit spread
Sell 2026-08-21 $125.00/$120.00 put spread
Sell put spread below support to collect premium with defined risk from short put leg.
Credit: $1.98-$2.42
Max loss: $2.58
BE: $122.58
Mgmt: Roll down if PLTR drops below $128 invalidation; close at 50% max gain.

Risk Alerts

!Gamma flip at $120: breach could accelerate downside.
!Dealer short gamma increases market impact of large orders.
!Max pain cluster at $128 for 0DTE.
How to Use These Reports
This theta reflects the market close on June 18, 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.