Jul. 28 at 10:01 PM
$PLTR caught in a tricky spot today
Spotted two massive Jan 2028
$210 call sweeps at the ask on InsiderFinance, totaling about
$13M
Big player betting on long-term upside but doesn't really help with the short-term picture
Meanwhile, lots of short-dated put action
Heavy demand for 7/31 ATM ITM sweeps around
$120 to
$134
5-day put share at 42% with elevated IV
Near-term risk is leaning towards more downside or at least more chop, not a quick bounce
PLTR down 6% today but only about 2% over the last five days
Feels more like a sharp shock today than a real trend
Without a clear catalyst, it’s tough to see where this goes next