Palantir Technologies Option Alert: Fri $23 Calls Sweep (10) near the Ask: 3080 @ $0.371 vs 20315 OI; Earnings 5/6 After Close Ref=$23.325
Portfolio Pulse from Charles Gross
Palantir Technologies saw significant options trading activity with a sweep of 3,080 contracts for Friday $23 calls near the ask price of $0.371, against an open interest of 20,315. This activity comes ahead of their earnings report due on May 6th, after the market closes, with the reference stock price at $23.325.

May 03, 2024 | 6:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Palantir Technologies experienced notable options trading activity, indicating investor anticipation or speculation ahead of its upcoming earnings report.
The significant volume of options trading, particularly the sweep of calls near the ask price, suggests a bullish sentiment among investors or traders speculating on a positive earnings report from Palantir Technologies. This could lead to increased volatility or a potential uptick in PLTR's stock price in the short term, especially as the earnings date approaches.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90