Mixed options sentiment in Palantir Technologies with shares down 5.74%

Mixed options sentiment in Palantir Technologies (PLTR), with shares down $8.38 near $137.65. Options volume more than double the daily average with 471k contracts traded and calls leading puts for a put/call ratio of 0.66, compared to a typical level near 0.63. Implied volatility (IV30) dropped 9.46 near 51.16,and below the 52wk median, suggesting an expected daily move of $4.44. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at HSBC.The company announced earnings after the close on 2026-05-04with option markets having priced in a move of approximately 11.21%.