Palantir Technologies's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a bearish sentiment towards Palantir Technologies (NYSE:PLTR) through options trading. Benzinga's options scanner detected 27 unusual trades, with 62% being bearish. The trading activity suggests a price range of $10.0 to $55.0 for PLTR over the next three months.
October 04, 2024 | 6:00 pm
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Significant investors have taken a bearish stance on Palantir Technologies, with 62% of detected options trades being bearish. This suggests potential downward pressure on PLTR's stock price in the short term.
The detection of 27 unusual options trades, with a majority being bearish, indicates that significant investors expect a potential decline in PLTR's stock price. The options activity suggests a price range of $10.0 to $55.0, which could lead to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100