Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
PLTR options intelligence
Palantir Technologies Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
31
Market data through 12 Aug 2026
Checked 12 Aug 2026 19:40 · partial chain
Options-market disagreement
Mixed pressure
PLTR currently carries mixed options pressure with a 31/100 conviction score. The nearest-chain expected move is 3.1%, with volume/open-interest participation at 0.13.
Expected move
3.1%
Near-term move context
Activity / OI
0.13
Current volume is quieter versus prior open interest
Put-call
0.94
Balanced tape
Trend fit
59
Options are not fully confirming trend
Weekly backdrop
+39.8%
RS -3.8
Expected move
3.1%
Put-call volume
0.94
Volume / OI
0.13
Reference IV
0.43
Max pain
162.50
Underlying
172.01
Nearest expiry
14 Aug 2026
Contracts
2000
Research Brief
PLTR has a mixed chain read with 31/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 166.76–177.26; The largest call open-interest concentration is 180.00; the largest put concentration is 162.50. The most active strike by current volume is 170.00.
Priced range166.76–177.26
Call concentration180.00
Put concentration162.50
Max pain reference162.50
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 166.76 to 177.26. Max pain at 162.50 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
166.76172.01 ± 5.25177.26
Confirmation level
A close beyond 177.26 or below 166.76 at the 14 Aug expiry would exceed the move currently priced by this chain.
Important limitation
The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.
Score Construction
Why conviction is 31/100
Pressure is 4/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure4 × 42%
+1.5
How strongly activity leans toward calls or puts.
Participation43 × 22%
+9.5
Volume relative to existing open interest and contract-level activity.
Trend agreement59 × 26%
+15.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility42 × 10%
+4.2
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 180.00; the largest put concentration is 162.50. The most active strike by current volume is 170.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
13699
65.00-62.2%
9
12961
95.00-44.8%
133
7674
150.00-12.8%
2914
8445
155.00-9.9%
5093
8416
160.00-7.0%
7182
16491
162.50-5.5%
9537
11561
165.00-4.1%
4954
8288
167.50-2.6%
11735
12692
170.00-1.2%
11679
2785
172.500.3%
3231
6061
175.001.7%
11982
1876
177.503.2%
6774
894
180.004.6%
18507
165
182.506.1%
5730
354
185.007.6%
9447
214
190.0010.5%
11781
39
195.0013.4%
10466
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$159.4MDelta change / 1% move
Positive peak180.00+$28.4M
Negative peak120.00-$3.8M
Nearest balance172.35Interpolated sign change
StrikeNegativePositiveNet / 1% move
148.00-14.0%
-$92,026
149.00-13.4%
+$13,898
150.00-12.8%
+$2.6M
152.50-11.3%
+$1.1M
155.00-9.9%
+$2.3M
157.50-8.4%
+$650,764
160.00-7.0%
+$8.8M
162.50-5.5%
-$1.2M
165.00-4.1%
+$3.3M
167.50-2.6%
+$1.1M
170.00-1.2%
+$8.1M
172.500.3%
-$524,336
175.001.7%
+$24.3M
177.503.2%
+$9.7M
180.004.6%
+$28.4M
182.506.1%
+$4.7M
185.007.6%
+$14.9M
187.509.0%
+$1.1M
190.0010.5%
+$14.0M
192.5011.9%
+$655,105
195.0013.4%
+$5.2M
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.43
14 Aug
2d
0.45
21 Aug
9d
0.45
28 Aug
16d
0.46
4 Sep
23d
0.45
11 Sep
30d
0.46
18 Sep
37d
0.49
25 Sep
44d
0.47
16 Oct
65d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
138
140
141
143
145
146
148
150
155
158
163
168
170
175
180
185
188
193
198
200
205
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Across 5 stored directional transitions, the next stored price moved in the labelled direction 100% of the time.
Directional follow-through100%
Moves contained by pricing17%
Average expiry move33.2%
6 Aug
Mixed · 34
39.8% through expiry
26.5% priced · v2.0
5 Aug
Bullish · 36
39.8% through expiry
29.7% priced · v2.0
4 Aug
Bullish · 41
39.8% through expiry
32.4% priced · v2.0
3 Aug
Bullish · 38
39.8% through expiry
11.7% priced · v2.0
31 Jul
Bullish · 38
39.8% through expiry
11.4% priced · v2.0
30 Jul
Bullish · 34
0.1% through expiry
2.7% priced · v2.0
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Good
Retained chain87%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Retained chain subset
- Market date
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 2000 / 2292
- 87% of provider contracts were retained for this snapshot.
Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.
Options Intent Radar
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
The options read is mixed, so divergence is not strong enough to classify.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $257.7M of estimated gross traded notional, calls · 91+ days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+4
1W price+39.8%
Call premium65%
Put premium35%
Notional split
C 65% / P 35%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.13
Volume divided by open interest across the visible chain.
Trend fit
59/100
Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 91+ days · ITM
calls cluster with 5676 contracts traded, $39.7M estimated gross traded notional, and 15% of visible notional.
$39.7M
Puts · 91+ days · ITM
puts cluster with 3407 contracts traded, $37.9M estimated gross traded notional, and 15% of visible notional.
$37.9M
Calls · 91+ days · OTM
calls cluster with 21575 contracts traded, $30.8M estimated gross traded notional, and 12% of visible notional.
$30.8M
Calls · 8-21 days · ITM
calls cluster with 5671 contracts traded, $25.4M estimated gross traded notional, and 10% of visible notional.
$25.4M
Calls · 22-45 days · ITM
calls cluster with 3489 contracts traded, $13.1M estimated gross traded notional, and 5% of visible notional.
$13.1M
Setup Classification
Opportunity and risk frame
The signal is live, but the strongest framework tags are still developing.
Activity Anomaly
Normal range
Activity is broadly in line with recent stored snapshots.
Baseline: 11 completed sessions
Volume rank55th
Volume/OI rank45th
IV rank0th
Market Context
Underlying confirmation
Close172.01
1W+39.8%
RS-3.8
Fair value+94.9%
Options pressure4
Speculation43
Volatility42
Trend fit59
Today Versus Normal
Stored-options context
30d avg 12.5% · 11 sessions
9th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.79 · 11 sessions
0th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.63 · 11 sessions
91th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.19 · 11 sessions
45th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
Pressure Trail
Recent pressure and volatility
4 Aug 19:20
Bullish
Pressure 42
Move 32.7%
5 Aug 06:28
Bullish
Pressure 37
Move 32.4%
5 Aug 14:30
Bullish
Pressure 35
Move 32.5%
5 Aug 16:00
Bullish
Pressure 27
Move 30.3%
5 Aug 17:20
Bullish
Pressure 22
Move 30.3%
5 Aug 18:50
Bullish
Pressure 22
Move 29.7%
6 Aug 15:00
Mixed
Pressure 12
Move 29.6%
6 Aug 16:30
Mixed
Pressure 8
Move 25.8%
Strike Map
Where activity is clustering
Strike50.00
Calls · V 12 · OI 12
Puts · V 3 · OI 1050
Strike55.00
Calls · V 25 · OI 25
Puts · V 1 · OI 87
Strike60.00
Calls · V 2 · OI 56
Puts · V 21 · OI 5635
Strike65.00
Calls · V 28 · OI 9
Puts · V 5000 · OI 13699
Strike70.00
Calls · V 1 · OI 5
Puts · V 1 · OI 9274
Strike75.00
Calls · V 4 · OI 29
Puts · V 10 · OI 147
Strike80.00
Calls · V 1 · OI 26
Puts · V 1 · OI 359
Strike85.00
Calls · V 1 · OI 44
Puts · V 20 · OI 246
Term Structure
Expiration activity
Expiry14 Aug 2026
Contracts215
Avg IV0.43
Put-call1.15
Expiry21 Aug 2026
Contracts212
Avg IV0.45
Put-call0.62
Expiry28 Aug 2026
Contracts164
Avg IV0.45
Put-call1.18
Expiry4 Sep 2026
Contracts139
Avg IV0.46
Put-call1.68
Expiry11 Sep 2026
Contracts129
Avg IV0.45
Put-call0.51
Skew
Call/put IV balance
14 Aug 2026Balanced skew
Call IV0.47
Put IV0.44
Skew-0.04
21 Aug 2026Balanced skew
Call IV0.47
Put IV0.43
Skew-0.04
28 Aug 2026Call IV premium
Call IV0.48
Put IV0.43
Skew-0.05
4 Sep 2026Call IV premium
Call IV0.48
Put IV0.43
Skew-0.05
11 Sep 2026Call IV premium
Call IV0.48
Put IV0.43
Skew-0.05
Contract Tape
Most active contracts
ContractPLTR260904C00116000
SideCall
Expiry4 Sep 2026
Strike116.00
Volume-
OI208
IV1.15
ContractPLTR261120P00290000
SidePut
Expiry20 Nov 2026
Strike290.00
Volume-
OI48
IV0.00
ContractPLTR260828C00065000
SideCall
Expiry28 Aug 2026
Strike65.00
Volume-
OI22
IV2.82
ContractPLTR260911C00111000
SideCall
Expiry11 Sep 2026
Strike111.00
Volume-
OI20
IV1.08
ContractPLTR260904C00075000
SideCall
Expiry4 Sep 2026
Strike75.00
Volume-
OI18
IV2.02
ContractPLTR260904C00080000
SideCall
Expiry4 Sep 2026
Strike80.00
Volume-
OI18
IV1.85
ContractPLTR260814P00089000
SidePut
Expiry14 Aug 2026
Strike89.00
Volume-
OI10
IV2.61
ContractPLTR260911C00116000
SideCall
Expiry11 Sep 2026
Strike116.00
Volume-
OI8
IV0.99
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.