PLTR Options trade idea — May 16 Expiry
Current Price: $130.18
Top Call Volumes:
• $135C – 40.6K
• $130C – 40.1K
• $133C – 18.5K
Top Put Volumes:
• $125P – 22.9K
• $130P – 14.3K
• $120P – 13.8K
Flow Takeaways:
• Heavy call volume at $130–135 → bulls targeting breakout
• Puts mainly at $125–130 → hedging but not dominant
• Notional value (chart): call buyers outweigh put buyers, especially around $130
Trade Ideas:
• Bullish: Buy $130C or $130C/$135C call spread
• Bearish only if price breaks below $129 with momentum
• Neutral: Iron condor using $125P/$135C wings
Looks like the whales want $135. If $130 holds, bulls got this.
Source: oqliv.com
Modify on 2025-05-15 20:29
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