PLTR Options History — May 2025

In May 2025, PLTR traded between $108.92 and $129.88. ATM implied volatility averaged 62.2%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded below realized volatility by 20.5% (HV 20d: 82.6%). Max pain ranged from $60.00 to $82.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2025-05-30: Highest Volume — 1,936,571 contracts
2025-05-06: Largest IV drop — 24.0% change
2025-05-01: Highest IV Rank — 63.7%
2025-05-02: Largest Expected Move — 29.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$122.57	$108.92	$129.88	$117.63	$128.16
Max Pain	$76.55	$60.00	$82.50	$80.00	$82.50
ATM IV	62.2%	55.8%	84.3%	84.3%	58.0%
Expected Move	18.1%	15.7%	29.5%	29.4%	16.6%
HV 20d	82.6%	71.9%	105.3%	102.7%	73.5%
HV 60d	92.2%	88.6%	97.3%	92.2%	88.7%
IV Rank	34.3%	25.8%	63.7%	63.7%	27.6%
IV Percentile	48.8%	34.9%	92.5%	92.5%	37.3%
Term Structure	-0.5%	-3.8%	1.8%	-3.8%	0.8%
VWIV	64.9%	56.2%	105.3%	104.5%	58.9%
Skew 25d	2.4%	-1.4%	6.3%	6.3%	1.1%
Skew 10d	5.2%	-1.7%	12.0%	12.0%	3.6%
Call IV 25d	62.1%	55.1%	83.6%	82.7%	58.5%
Put IV 25d	64.5%	58.2%	89.0%	89.0%	59.6%
Bid-Ask Spread %	4.41	2.50	10.83	2.66	4.01
Gamma HHI	0.06	0.03	0.17	0.06	0.10
Net GEX	127.8M	14.6M	302.8M	129.3M	302.8M
Net DEX	-12.66B	-16.43B	-8.49B	-13.08B	-13.46B
Net VEX	-40.3M	-42.2M	-37.1M	-38.4M	-42.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.52	1.06	0.78	0.60
Total Volume	878,609.714	361,223	1,936,571	667,720	1,936,571
Total OI	3,579,738.286	3,222,317	4,051,243	3,424,656	3,510,286

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-05-01	$117.63	$80.00	84.3%	29.4%	102.7%	63.7%	104.5%	6.3%	-3.8%	129.3M	-13.08B	-38.4M	0.78	2.66	N/A	N/A	374,245	293,475	1,830,214	1,594,442
2025-05-02	$123.50	$80.00	83.9%	29.5%	101.5%	63.1%	105.3%	4.5%	-3.7%	194.8M	-15.20B	-37.9M	0.78	2.69	N/A	N/A	727,352	570,623	1,843,544	1,633,518
2025-05-05	$124.36	$60.00	83.9%	22.0%	89.1%	63.2%	78.2%	4.2%	-2.2%	93.6M	-13.80B	-38.3M	1.06	10.83	N/A	N/A	527,361	557,555	1,744,901	1,477,416
2025-05-06	$108.92	$65.00	63.8%	18.0%	105.3%	36.4%	64.6%	3.4%	1.0%	14.6M	-8.49B	-37.1M	0.82	6.41	N/A	N/A	951,343	779,991	1,897,487	1,738,238
2025-05-07	$109.95	$67.50	59.1%	17.0%	104.5%	30.2%	61.1%	4.4%	0.1%	64.8M	-9.36B	-38.0M	0.68	5.65	N/A	N/A	460,454	314,141	2,026,445	1,804,958
2025-05-08	$119.56	$70.00	60.4%	17.3%	84.1%	32.0%	62.0%	2.8%	-0.5%	166.0M	-13.48B	-38.7M	0.70	4.56	N/A	N/A	892,928	621,186	2,052,919	1,834,686
2025-05-09	$117.00	$72.50	58.0%	16.7%	81.1%	28.8%	60.2%	3.4%	0.8%	92.1M	-11.90B	-39.9M	0.70	5.75	N/A	N/A	536,652	376,117	2,143,057	1,908,186
2025-05-12	$118.07	$72.50	55.8%	15.7%	81.1%	25.8%	56.9%	3.1%	-0.9%	111.3M	-11.96B	-38.5M	0.69	3.26	N/A	N/A	378,473	261,046	1,887,022	1,642,279
2025-05-13	$129.48	$75.00	59.5%	16.7%	84.3%	30.7%	59.9%	-0.8%	-1.3%	196.5M	-16.43B	-39.1M	0.58	3.50	N/A	N/A	946,507	548,011	1,937,936	1,698,238
2025-05-14	$129.88	$80.00	60.6%	17.0%	83.4%	32.2%	61.7%	-1.4%	-1.3%	207.6M	-16.39B	-40.6M	0.56	2.98	N/A	N/A	480,830	268,353	2,029,728	1,797,609
2025-05-15	$127.70	$80.00	58.8%	16.6%	77.4%	29.9%	59.8%	0.4%	-1.5%	181.6M	-15.15B	-41.5M	0.77	4.51	N/A	N/A	390,336	301,047	2,075,165	1,853,818
2025-05-16	$128.72	$80.00	56.7%	16.1%	77.5%	27.0%	58.1%	0.3%	-0.6%	136.3M	-15.67B	-41.4M	0.52	5.41	N/A	N/A	479,569	250,170	2,118,683	1,891,362
2025-05-19	$126.79	$80.00	56.9%	16.3%	76.5%	27.4%	58.4%	1.1%	0.6%	113.5M	-12.31B	-41.2M	0.75	3.65	N/A	N/A	269,414	201,256	1,732,646	1,498,063
2025-05-20	$125.88	$80.00	57.4%	16.4%	76.7%	27.9%	58.2%	0.9%	0.2%	117.3M	-12.11B	-42.0M	0.62	3.78	N/A	N/A	237,061	146,230	1,801,418	1,540,091
2025-05-21	$121.25	$80.00	58.8%	16.9%	76.1%	29.9%	60.2%	3.3%	1.8%	64.6M	-10.39B	-41.8M	0.70	5.76	N/A	N/A	393,456	276,556	1,855,732	1,567,332
2025-05-22	$123.76	$80.00	58.1%	16.6%	73.1%	29.0%	59.2%	2.5%	0.5%	93.2M	-11.54B	-42.2M	0.63	4.02	N/A	N/A	366,041	231,339	1,903,448	1,599,033
2025-05-23	$124.15	$80.00	58.5%	16.7%	71.9%	29.4%	59.5%	2.5%	-0.1%	76.3M	-11.77B	-42.0M	0.73	4.24	N/A	N/A	402,373	295,319	1,943,277	1,636,117
2025-05-27	$122.72	$80.00	59.4%	16.9%	71.9%	30.7%	61.1%	2.6%	-0.2%	104.5M	-11.00B	-41.8M	0.71	2.50	N/A	N/A	325,374	230,624	1,801,910	1,481,213
2025-05-28	$124.09	$80.00	58.2%	16.6%	71.9%	29.0%	59.5%	2.3%	-0.2%	141.1M	-11.64B	-41.8M	0.61	3.62	N/A	N/A	224,548	136,675	1,872,844	1,531,109
2025-05-29	$122.47	$82.50	55.9%	15.9%	71.9%	26.0%	56.2%	3.1%	-0.0%	83.0M	-10.76B	-41.5M	0.53	2.86	N/A	N/A	319,364	170,838	1,886,847	1,551,287
2025-05-30	$128.16	$82.50	58.0%	16.6%	73.5%	27.6%	58.9%	1.1%	0.8%	302.8M	-13.46B	-42.2M	0.60	4.01	N/A	N/A	1,207,917	728,654	1,930,687	1,579,599