tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Palantir Technologies with shares up 1.65%

Mixed options sentiment in Palantir Technologies (PLTR), with shares up $3.30, or 1.65%, near $203.77. Options volume roughly in line with average with 348k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.61. Implied volatility (IV30) dropped 0.05 near 66.01,and above the 52wk median, suggesting an expected daily move of $8.47. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 11.33% or $23.08.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1