Big Players' Recent Trades in PLTR Options

Financial giants have made a conspicuous bearish move on Palantir Technologies. Our analysis of options history for Palantir Technologies PLTR revealed 20 unusual trades.

Delving into the details, we found 35% of traders were bullish, while 65% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $397,904, and 11 were calls, valued at $1,230,360.

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Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $10.0 to $27.0 for Palantir Technologies over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Palantir Technologies's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Palantir Technologies's significant trades, within a strike price range of $10.0 to $27.0, over the past month.

Palantir Technologies Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

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. The Denver-based company was founded in 2003 and went public in 2020.

In light of the recent options history for Palantir Technologies, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Palantir Technologies

• Trading volume stands at 39,146,983, with PLTR's price up by 1.07%, positioned at $17.96.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 63 days.

What The Experts Say On Palantir Technologies

In the last month, 2 experts released ratings on this stock with an average target price of $5.0.

• Reflecting concerns, an analyst from RBC Capital lowers its rating to Underperform with a new price target of $5.
• An analyst from RBC Capital has revised its rating downward to Underperform, adjusting the price target to $5.

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.