PLTR – GEX & Options Sentiment. Aug. 4

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PLTR – GEX & Options Sentiment. Aug. 4Palantir Technologies Inc.BATS:PLTRBullBearInsightsThe GEX map shows a significant highest positive NETGEX resistance near $170–$172.5, which aligns with the 3rd Call Wall. This is the upside ceiling that would require strong buying momentum and potential gamma squeeze conditions to break. The 2nd Call Wall sits around $162.5, which could act as a nearer-term resistance if bullish momentum returns. On the downside, Put Support is concentrated near $145–$150. This is the region where options market makers would likely start to absorb selling pressure and hedge accordingly, potentially slowing further downside. Options Flow Bias: Current sentiment shows Calls ~27.8% with a relatively high IVR 41.5 and IVx avg 81.2. Elevated IV suggests premiums are inflated — good for option sellers. GEX positioning favors long bias only if price reclaims $160, otherwise short-term traders may see better risk/reward on the downside toward the $150–$147 zone. PLTR – 1H Swing Trade Technicals From a technical view, PLTR is sitting in a bearish structure with a recent Break of Structure (BOS) to the downside and a retest rejection forming near $158–$160. The prior demand block between $153–$155 is holding as temporary support, but price remains inside a broader descending channel from last week’s highs. * Bullish Swing Scenario: Needs a strong reclaim and hold above $160, followed by a push toward $162.5. Breaking and holding above that level opens the door to $170–$172.5. * Bearish Swing Scenario: Failure to hold $153 could accelerate selling toward $150, with risk of extension into the $147–$145 support range. Swing Trading Note: Given current structure and GEX levels, swing traders should lean cautious on aggressive longs until $160 is reclaimed. Any breakdown of $153 likely shifts bias back to sellers. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own due diligence and manage risk before trading.