Whales with a lot of money to spend have taken a noticeably bearish stance on Palantir Technologies.
Looking at options history for Palantir Technologies (NASDAQ:PLTR) we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 59% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $535,393 and 17, calls, for a total amount of $858,995.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $80.0 to $360.0 for Palantir Technologies over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Palantir Technologies’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Palantir Technologies’s whale activity within a strike price range from $80.0 to $360.0 in the last 30 days.
Palantir Technologies Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PLTR | PUT | SWEEP | BEARISH | 12/15/28 | $13.2 | $12.95 | $13.2 | $80.00 | $322.9K | 315 | 244 |
| PLTR | CALL | TRADE | BEARISH | 02/06/26 | $8.1 | $8.0 | $8.0 | $190.00 | $120.0K | 1.4K | 5.7K |
| PLTR | PUT | TRADE | BEARISH | 01/16/26 | $4.65 | $4.55 | $4.61 | $182.50 | $112.4K | 1.8K | 1.4K |
| PLTR | CALL | SWEEP | BULLISH | 01/16/26 | $4.0 | $3.95 | $4.0 | $182.50 | $90.0K | 24.9K | 6.3K |
| PLTR | CALL | SWEEP | BEARISH | 01/16/26 | $3.75 | $3.65 | $3.7 | $182.50 | $75.9K | 24.9K | 4.6K |
About Palantir Technologies
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients’ organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The Denver-based company was founded in 2003 and went public in 2020.
After a thorough review of the options trading surrounding Palantir Technologies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Palantir Technologies’s Current Market Status
- Currently trading with a volume of 6,376,908, the PLTR’s price is up by 1.78%, now at $180.65.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 21 days.
Professional Analyst Ratings for Palantir Technologies
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $223.0.
- In a cautious move, an analyst from Truist Securities downgraded its rating to Buy, setting a price target of $223.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
