PLTR – Big Players Defend $130 While Aiming for $135
Source: OQLIV.com
Palantir (PLTR) is holding steady at $130.18, and the options flow shows big players are circling that level. For the May 17 expiration, there’s strong call volume at the $130, $132, and $135 strikes — suggesting institutional traders are leaning bullish but keeping expectations modest.
Puts are mostly stacked from $125 to $130, which looks like a hedge rather than a directional bet. No aggressive downside wagers means there’s confidence in the current price zone.
Where the Big Money’s Aiming:
• $130 Calls: Major volume — traders defending this level hard.
• $132 & $135 Calls: Quiet accumulation — a slow push higher is in play if tech holds up.
• No major interest above $135 (yet) — flow suggests controlled optimism, not euphoria.
What it means:
PLTR is in a quiet battleground between $127 and $133, but the heaviest options activity shows bulls are protecting $130 and prepping for a grind toward $135. If the tech rally continues, big players may press the upside — but for now, they’re playing it steady, not reckless.
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- Valerie Archibald·06-01Strange how people bash PLTR for high PE but have no problem piling into stocks with negative earnings. PLTR is making money and growing quickly. Many stellar companies have or have had PERs into the high hundreds.LikeReport
- BirdieO·05-16Interesting analysis1Report
- Venus Reade·06-01It's not wise to bet against PLTR or NVDA...especially if they announce a Partnership in the near Future?LikeReport
- Oqlivnews·05-17ThanksLikeReport
