Behind the Scenes of Palantir Technologies's Latest Options Trends
Portfolio Pulse from Benzinga Insights
The article discusses recent options trading trends for Palantir Technologies (NYSE:PLTR), highlighting a bullish sentiment among large investors. A significant portion of trades are calls, indicating expectations of a price increase. The predicted price range for PLTR is between $13.0 and $60.0. Currently, PLTR is trading at $41.89, down by 1.27%, with an RSI suggesting it may be approaching overbought territory. Earnings are anticipated in 19 days.
October 16, 2024 | 8:16 pm
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Palantir Technologies is experiencing bullish options activity, with a significant number of call trades indicating investor optimism. The stock is currently down 1.27% at $41.89, with a predicted price range of $13.0 to $60.0. Earnings are expected in 19 days.
The article highlights a bullish sentiment in options trading for Palantir Technologies, with a majority of trades being calls. This suggests investor optimism about the stock's future performance. The current price is slightly down, but the predicted range indicates potential for growth. Upcoming earnings could further influence the stock's movement.
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