Quantchabot has detected a new Bull Call Spread trade opportunity for PALANTIR TECHNOLOGIES INC. CLASS A (PLTR) for the 2-May-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PLTR was recently trading at $86.14 and has an implied volatility of 70.64% for this period. Based on an analysis of the options available for PLTR expiring on 2-May-2025, there is a 34.17% likelihood that the underlying will close within the analyzed range of $86.67-$112.48 at expiration. In this scenario, the average linear return for the trade would be 10.09%.
Big 8.19% Change: After closing the last trading session at $79.62, PALANTIR TECHNOLOGIES INC. CLASS A opened today at $82.97 and has reached a high of $86.40.
Trade approach: A movement as big as 8.19% is a significantly bullish indicator, so this trade is designed to be profitable if PLTR maintains its current direction and does not revert back to pricing on the bearish side of $86.14 on 2-May-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if PALANTIR TECHNOLOGIES INC. CLASS A closes at or above $72.70 on 2-May-2025. Based on our risk-neutral analysis, there is a 75.03% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.