Bullish option flow detected in Palantir Technologies with 29,363 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 52.02%. 3/31 weekly 8.5 calls and 3/31 weekly 8 puts are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.32. Earnings are expected on May 9th.
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Published first on TheFly
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