PLTR Options History — May 2024

In May 2024, PLTR traded between $20.59 and $25.18. ATM implied volatility averaged 46.4%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded below realized volatility by 18.2% (HV 20d: 64.6%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2024-05-07: Highest Volume — 1,091,015 contracts
  • 2024-05-07: Largest IV drop — 43.4% change
  • 2024-05-06: Highest IV Rank — 71.9%
  • 2024-05-03: Largest Expected Move — 28.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.65$20.59$25.18$22.30$21.55
Max Pain$21.09$20.00$22.00$22.00$21.00
ATM IV46.4%36.3%79.1%74.7%40.5%
Expected Move14.0%10.4%28.6%26.5%11.6%
HV 20d64.6%31.9%73.1%31.9%69.3%
HV 60d53.5%44.7%71.7%71.7%48.3%
IV Rank13.7%0.0%71.9%62.7%7.3%
IV Percentile16.4%0.0%91.3%82.1%5.2%
Term Structure-0.5%-4.1%1.5%-2.7%-1.2%
VWIV50.0%37.0%98.9%92.3%41.4%
Skew 25d-1.1%-2.7%0.4%0.1%-0.2%
Skew 10d-2.8%-6.9%-0.5%-1.6%-1.0%
Call IV 25d48.1%36.9%84.0%74.6%41.5%
Put IV 25d46.9%36.6%84.4%74.7%41.3%
Bid-Ask Spread %2.952.006.003.802.87
Gamma HHI0.080.060.180.060.18
Net GEX12.4M-6.0M33.6M12.1M33.6M
Net DEX-689.0M-1.82B-188.5M-888.1M-774.9M
Net VEX-8.2M-9.0M-7.6M-8.5M-8.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.250.550.370.34
Total Volume355,340.409128,8131,091,015191,170305,513
Total OI2,954,856.7272,600,7903,407,5792,788,1672,855,692

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$22.30$22.0074.7%26.5%31.9%62.7%92.3%0.1%-2.7%12.1M-888.1M-8.5M0.373.80N/AN/A139,62751,5431,591,2761,196,891
2024-05-02$22.55$22.0076.8%28.1%32.0%67.1%97.2%0.4%-4.1%15.6M-994.7M-8.5M0.332.32N/AN/A155,50350,8181,621,4901,202,581
2024-05-03$23.29$22.0076.0%28.6%33.8%65.5%98.9%0.4%-4.1%30.1M-1.29B-8.7M0.312.85N/AN/A318,04299,5261,661,3051,211,893
2024-05-06$25.18$20.0079.1%19.7%43.5%71.9%68.8%-2.5%-4.1%25.4M-1.82B-9.0M0.526.00N/AN/A704,918364,3991,623,1621,135,410
2024-05-07$21.48$21.0044.8%12.9%72.5%0.0%46.7%-1.1%1.5%-183.1K-397.3M-7.7M0.502.66N/AN/A729,243361,7721,847,4751,278,180
2024-05-08$21.34$21.0042.6%12.3%72.4%0.0%44.7%-1.1%0.7%4.9M-433.9M-7.8M0.503.33N/AN/A326,686163,9001,984,9081,315,834
2024-05-09$21.24$21.0040.0%11.6%72.1%0.0%42.4%-1.4%1.0%4.5M-450.6M-8.0M0.412.65N/AN/A254,320104,9682,034,0001,327,809
2024-05-10$20.59$21.0039.3%11.6%72.7%0.0%41.5%-0.8%1.2%-6.0M-188.5M-7.6M0.512.13N/AN/A285,145146,4642,065,1841,342,395
2024-05-13$20.95$21.0040.7%11.5%72.5%2.6%41.4%-0.5%-0.7%7.5M-461.7M-7.9M0.362.29N/AN/A227,02882,2521,804,2441,235,458
2024-05-14$21.45$21.0042.0%12.0%73.1%5.2%43.7%-1.5%-0.1%16.1M-671.3M-8.3M0.302.50N/AN/A387,106114,8931,850,6511,267,832
2024-05-15$21.64$21.0039.4%11.7%72.6%0.3%41.9%-1.5%0.7%18.4M-695.9M-8.3M0.472.34N/AN/A155,85673,9831,892,8621,280,989
2024-05-16$21.76$21.0039.9%11.4%72.5%1.2%40.7%-2.2%-0.1%24.8M-790.0M-8.3M0.532.00N/AN/A105,96455,9771,923,1391,279,753
2024-05-17$21.73$21.0039.3%11.2%71.4%0.0%40.6%-1.5%-0.2%15.8M-746.1M-8.2M0.392.58N/AN/A190,41373,5821,935,0061,283,904
2024-05-20$21.56$21.0038.5%11.0%71.1%0.0%39.4%-1.3%1.2%14.4M-679.8M-8.1M0.423.45N/AN/A157,16366,7191,539,3551,061,435
2024-05-21$21.26$21.0037.8%10.8%70.3%0.0%38.6%-2.2%0.9%11.9M-581.5M-8.0M0.403.71N/AN/A122,29948,7841,583,8351,093,221
2024-05-22$21.13$21.0038.9%11.2%70.3%2.0%40.5%-2.7%0.1%10.5M-570.3M-8.1M0.413.22N/AN/A135,25555,4921,615,9841,117,667
2024-05-23$20.68$21.0038.9%11.1%70.6%1.9%40.3%-1.4%0.1%378.4K-386.2M-8.0M0.342.80N/AN/A219,71174,2891,659,5181,139,928
2024-05-24$20.98$21.0036.3%10.4%69.6%0.0%37.0%-0.3%0.2%-5.7M-476.8M-8.0M0.483.12N/AN/A142,77768,0911,701,1201,163,034
2024-05-28$21.07$21.0037.6%11.1%69.3%2.2%40.0%-0.5%1.0%8.7M-541.9M-8.0M0.332.74N/AN/A125,96241,7221,589,8941,124,110
2024-05-29$20.98$21.0038.6%11.1%68.6%4.1%39.6%-0.9%-1.0%8.0M-517.0M-7.9M0.552.46N/AN/A82,98445,8291,629,5391,138,258
2024-05-30$21.63$21.0039.9%11.4%69.5%6.4%41.9%-2.1%-0.9%21.4M-804.6M-8.3M0.253.01N/AN/A321,58179,3901,652,3711,148,256
2024-05-31$21.55$21.0040.5%11.6%69.3%7.3%41.4%-0.2%-1.2%33.6M-774.9M-8.3M0.342.87N/AN/A227,58777,9261,705,0591,150,633