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PLTR Covered Call Analysis: Proceed With Caution Weak · 30/100
Palantir Technologies Inc. (Technology) · $128.06 ·
Analysis generated Apr 10, 2026 ·
Data as of market close Apr 10
· Market closed — data may be from last trading day
This strategy is NOT recommended for PLTR right now
Score 30/100. The technical signals do not support selling covered calls on PLTR at this time.
RSI at 34 — oversold, not ideal for selling calls. IV -19% vs avg — premiums below average, less income. MACD bearish — stock may keep falling (risk).
Check back when conditions improve, or consider a different strategy.
Quick Take
PLTR is trading at $128.06 with RSI at 34 (oversold territory). Options IV is at 56% — 19% below its 30-day average of 69%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
34
IV Today
56.1%
IV vs 30d Avg
-19%
MACD
bearish
ADX
21
MFI
31
The Setup
PLTR Covered Call
LONG STOCK
100 shares @ $128.06
SHORT CALL
$140 Jun '26 · $7.7/sh
Net Cost
$12,036
Max Profit
+$1,964
Break-even
$120.36
Projected P&L at Target
+$1,964
(16.3%)
P&L at Expiry
P&L Scenarios
What happens at different PLTR prices by expiry:
| PLTR Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $102 (-20%) | -$1,958 | -$1,867 | -$1,803 | -$1,791 |
| $109 (-15%) | -$1,428 | -$1,297 | -$1,186 | -$1,151 |
| $115 (-10%) | -$938 | -$768 | -$597 | -$511 |
| $122 (-5%) | -$495 | -$287 | -$54 | +$130 |
| $126 (-2%) | -$253 | -$26 | +$243 | +$514 |
| $128 (0%) ← now | -$101 | +$137 | +$427 | +$770 |
| $131 (+2%) | +$43 | +$291 | +$598 | +$1,026 |
| $134 (+5%) | +$244 | +$503 | +$832 | +$1,410 |
| $140 (+9%) ← target | +$503 | +$773 | +$1,119 | +$1,964 |
| $147 (+15%) | +$792 | +$1,064 | +$1,406 | +$1,964 |
| $154 (+20%) | +$1,002 | +$1,266 | +$1,587 | +$1,964 |
Why This Strategy, Why Now
- RSI at 34 — oversold, not ideal for selling calls
- IV -19% vs avg — premiums below average, less income
- MACD bearish — stock may keep falling (risk)
- ADX at 21 — moderate trend
- No squeeze — no imminent breakout
Key Risks
The main risk is missing upside if PLTR rallies sharply. The premium received ($X per share) provides a buffer, but gains above the strike are forfeited.