Palantir Technologies Option Alert: Jan 19 $17 Calls Sweep (11) above Ask!: 500 @ $2.696 vs 4481 OI; Ref=$14.8
Portfolio Pulse from Charles Gross
Palantir Technologies (PLTR) sees a sweep of 500 Jan 19 $17 calls above ask at $2.696, compared to 4481 open interest; stock reference price at $14.8.

June 01, 2023 | 2:57 pm
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Palantir Technologies experiences a sweep of 500 Jan 19 $17 calls above ask at $2.696, compared to 4481 open interest; stock reference price at $14.8.
The sweep of 500 Jan 19 $17 calls above ask at $2.696 indicates increased bullish sentiment for Palantir Technologies. This could lead to a short-term increase in the stock price as more investors buy call options, expecting the stock price to rise above $17 by January 19th. The open interest of 4481 also shows significant interest in these options, further supporting the potential for a short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100