Palantir Stabilizes at $136.93, Options Calls Exceed 5 Million in Two Weeks
PLTR•Palantir stabilized at $136.93 following a 13.4% weekly selloff and a 23.4% year-to-date drop. Traders exchanged over five million calls versus two million puts in two weeks, lifting the 10-day call/put ratio to 2.74 (98th percentile) as implied volatility lingers at 51%.
1. Stock Performance
Palantir shares rose 0.9% to $136.93 after posting a 13.4% weekly decline and a 23.4% drop year to date, reflecting recent investor skepticism and technical resistance at the 200-day moving average.
2. Options Trading
In the past two weeks, market participants exchanged over five million call contracts and roughly two million puts, with the June 5 160- and 165-strike calls drawing the most activity, signaling a bullish tilt among traders.
3. Volatility Measures
The 10-day call/put volume ratio stands at 2.74, ranking in the 98th percentile of its annual range, while the stock’s volatility index sits at 51%, in the 20th percentile, indicating relatively low premium costs for options.
