Skip to main content

Market Overview

Mike Khouw Sees Unusual Options Activity In Palantir

Mike Khouw Sees Unusual Options Activity In Palantir

On CNBC's "Options Action," Mike Khouw said Palantir Technologies Inc (NYSE: PLTR) traded around 200 million shares and over a million options contracts on Tuesday.

See Also: Cathie Wood Loads Up $57M In Palantir As Stock Stages Reversal On Q1 Earnings Beat

Calls outpaced puts, but the activity that caught Khouw's attention was on the put side and almost all of it was very short-dated. He noticed a big activity in the May $18.5 puts and the May $19.5 puts.

This was not the WallStreetBets crew as these trades were larger blocks, a couple of thousand contracts, said Khouw. He knows these were the opening trades as they exceeded open interest.


Related Articles (PLTR)

View Comments and Join the Discussion!

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at