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PLTR

Palantir Technologies Inc.Close $192.59EOD only
Max Pain
$180.00
Next expiry Sep 25, 2026
Expected Move
±$4.17
2.2% from close
Price Gap
-12.59
Distance to max pain
IV Rank
21
Low premium
P/C OI
1.05
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Sep 24, 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
Sep 24, 2026 close
PLTR Theta Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 26, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Short premium near max pain
Invalidation: Break below $110 or above $122
Confidence:
6.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +1 spot 0.8% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
Avg IV 69.6% vs VIX 18.4, elevated but skewed by 0 DTE
Favorable?
Yes

Term structure: Front-month 0 DTE shows extreme call/put skew; rest of curve relatively flat at 48-57%

📊IV elevated across term structure, but caution on 0 DTE volatility
📌Spot 0.8% from max pain $112; pinning likely for 0 DTE

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+2.4M)

Gamma flip: ~$110.00 — Approx — based on put OI concentration of 21,017 (2.6% below spot)

OI concentrations: Put OI concentration at $110 (21K), call wall at $140-$155

Verdict: High pin risk due to 0 DTE expiration and spot near $112 max pain

Premium Opportunities

#1
Put credit spread
Sell 2026-08-21 $110.00/$105.00 put spread
Expresses volatility contraction with bearish-neutral bias.
Credit: $1.93-$2.36
Max loss: $2.64
BE: $107.64
Mgmt: Exit if spot breaks below 110; consider rolling down.
#2
Iron condor
Sell 2026-07-31 $110.00/$105.00 put wing and $120.00/$122.00 call wing
Neutral expectation collecting premium with defined wings.
Credit: $2.23-$2.72
Max loss: $2.28
BE: 107.28 / 122.72
Mgmt: Monitor spot near wings; adjust early to mitigate pin risk.

Risk Alerts

!0 DTE options expiring today with extreme IV and near max pain
!Dealer net premium negative $50.8M; mixed hedging flows
!VIX 18.4; watch for spike if spot breaks key levels
How to Use These Reports
This theta reflects the market close on June 26, 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.