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Option traders moderately bearish in Palantir Technologies with shares down 0.75%

Option traders moderately bearish in Palantir Technologies (PLTR), with shares down $1.19 near $156.69. Options volume relatively light with 372k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.68. Implied volatility (IV30) is higher by 0.3 points near 64.93,and above the 52wk median, suggesting an expected daily move of $6.41. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Palantir Technologies (PLTR) will report earnings after the close on 2025-08-04.Option markets are pricing in a 50% probability of a move greater than 11.36% or $17.79.

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