Palantir Technologies Option Alert: $45 Calls Expiring Friday Sweep (7) Near Ask, 1,181 Contracts At $0.22 Each; Open Interest At 17,817; Stock Ref=$44.67 Ahead Of Earnings On 11/4
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies has seen a significant option activity with $45 call options expiring on Friday. A sweep of 1,181 contracts was executed near the ask price at $0.22 each, with an open interest of 17,817. The stock is currently priced at $44.67, ahead of its earnings report on November 4th.
October 25, 2024 | 1:51 pm
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Palantir Technologies is experiencing notable option activity with a sweep of $45 call options, indicating potential bullish sentiment ahead of its earnings report on November 4th.
The sweep of $45 call options near the ask price suggests that investors are betting on a price increase. The high open interest and the timing ahead of the earnings report further indicate potential bullish sentiment. This could lead to upward pressure on the stock price in the short term.
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RELEVANCE 100