What the Options Market Tells Us About Palantir Technologies
Portfolio Pulse from Benzinga Insights
Options market activity indicates a bullish sentiment towards Palantir Technologies (NYSE:PLTR), with 62% of trades being bullish. The price range targeted by major market movers is between $17.0 and $35.0. The largest trades include both bullish and bearish positions, with significant open interest and volume in options. Palantir's current market status shows a slight decrease in stock price, with a neutral RSI indicator. Analysts have mixed ratings on PLTR, with target prices ranging from $21 to $35.

March 15, 2024 | 2:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Options market activity and analyst ratings indicate a bullish sentiment towards Palantir Technologies, with a current slight decrease in stock price.
The bullish sentiment in the options market, combined with the target price range and analyst ratings, suggests a positive outlook for PLTR. However, the current decrease in stock price and neutral RSI indicator may temper short-term expectations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100