Whales are big investors who have a lot of money to buy stocks. They watched Palantir Technologies, which is a company that helps other companies solve problems with data. Some whales think the price of Palantir's stock will go down, so they bought options that let them sell the stock at a higher price later. This means they can make money if the price goes down. Other investors think the price will go up, so they bought options to buy the stock at a lower price later. Some people use numbers and charts to guess what the whales are doing and try to predict how much Palantir's stock will cost in the future. Read from source...

- The title is misleading as it implies that whales are doing something unusual or important with PLTR. However, the article does not provide any evidence of such activity, nor does it explain why whales would be different from other investors in their trading strategies.
- The article relies heavily on options history and trade data, which is not a reliable indicator of the intentions or expectations of large investors. Options are derivative securities that can be used for various purposes, such as hedging, speculation, arbitrage, etc., and do not necessarily reflect the underlying fundamentals or prospects of the company. Moreover, options data is subject to manipulation and noise, which can distort the true picture of the market sentiment.
- The article uses vague terms like "bearish" and "bullish" to describe the investor stance, without providing any criteria or methodology for determining them. These terms are subjective and can mean different things to different people, depending on their perspective and bias. For example, one might consider buying a put option as a bearish signal, while another might view it as a hedge or a protective strategy against downside risk.
- The article attempts to predict the price range for PLTR based on the trading activity, but does not justify how this prediction is made or what factors are used to calculate it. This is an arbitrary and speculative exercise that has no scientific basis or validity.
- The article analyzes volume and open interest, which are also unreliable indicators of market behavior and sentiment. Volume reflects the number of contracts traded, not necessarily the value or size of the trades, and can be influenced by various factors, such as liquidity, volatility, timing, etc. Open interest reflects the number of outstanding options contracts that have not been settled or closed, which can increase or decrease depending on the supply and demand of the market, as well as other factors, such as expiration, exercise, assignment, etc. Neither volume nor open interest can be used to infer the direction or intensity of the market sentiment, especially for a company like PLTR that has a low trading volume and high volatility.

- Based on the information provided, it seems that whales are taking a bearish stance on Palantir Technologies (PLTR), with 66% of them opening trades with bearish expectations. This could indicate that they anticipate a decline in the stock price or a negative event affecting the company's performance. However, it is also possible that some whales are using options as hedging strategies or to generate income from premiums, which may not necessarily reflect their true views on the underlying asset.
- The predicted price range for PLTR is $3.0 to $27.0 over the recent three months, which implies a high level of volatility and uncertainty in the market. This could be due to various factors, such as news, earnings, catalysts, or external events that may influence the stock's direction. Therefore, investors should be prepared for any potential moves in either direction and adjust their positions accordingly.
- The volume and open interest data suggest that there is a significant amount of liquidity and interest in PLTR options, which could create opportunities for both bulls and bears to enter or exit positions at different strike prices and expiration dates. However, it also means that the market makers may have more influence over the option prices and implied volatility, which could affect the profitability of trading strategies based on options. Therefore, investors should monitor the option chain closely and use appropriate hedging or risk management techniques to minimize their exposure to market movements.