Stocks' Post-earnings Moves in Palantir, Uber, and Fortinet Analyzed Through Options Trading
Key market indicators suggest more upside for the S&P 500. Palantir Technologies reported strong earnings, leading to a significant stock move. Uber Technologies, on the other hand, experienced a smaller post-earnings move for the second consecutive quarter. The equity-only put-call ratios turning bearish indicates a negative outlook for stocks. Option traders anticipated large moves for these companies but were surprised by the actual outcomes.