Investors with a lot of money to spend have taken a bullish stance on Palantir Technologies PLTR.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PLTR, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 47 uncommon options trades for Palantir Technologies.
This isn't normal.
The overall sentiment of these big-money raders is split between 55% bullish and 38%, bearish.
Out of all of the special options we uncovered, 13 are puts, for a total amount of $871,372, and 34 are calls, for a total amount of $2,112,483.
đžExpected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $65.0 for Palantir Technologies over the last 3 months.
đžInsights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Palantir Technologies options trades today is 6416.19 with a total volume of 25,684.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Palantir Technologies's big money trades within a strike price range of $15.0 to $65.0 over the last 30 days.
đ¶Palantir Technologies Option Activity Analysis: Last 30 Days
đžLargest Options Trades Observed:
Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
PLTR PUT TRADE BULLISH 01/16/26 $6.9 $6.15 $6.15 $37.00 $250.3K 4.0K 412
PLTR CALL SWEEP BULLISH 11/29/24 $8.85 $8.75 $8.85 $35.00 $177.0K 16 207
PLTR CALL SWEEP BULLISH 10/18/24 $13.85 $13.8 $13.85 $29.00 $138.5K 6.1K 167
PLTR CALL SWEEP BEARISH 06/20/25 $14.95 $14.8 $14.8 $30.00 $133.2K 10.0K 91
PLTR PUT SWEEP BEARISH 11/15/24 $3.4 $3.3 $3.35 $43.00 $114.5K 9.4K 3.0K
đžAbout 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. The Denver-based company was founded in 2003 and went public in 2020.
đ¶Present Market Standing of 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. The Denver-based company was founded in 2003 and went public in 2020.
đžPresent Market Standing of Palantir Technologies
Trading volume stands at 31,035,434, with PLTR's price up by 2.31%, positioned at $42.97.
RSI indicators show the stock to be may be approaching overbought.
Earnings announcement expected in 17 days.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Palantir Technologies with Benzinga Pro for real-time alerts.
