GEX-Based Options Sentiment (as of July 7)
* Current Price: $138.69
* Highest Gamma Resistance (Call Wall): $139 → heavy OI + positive NetGEX → magnet + possible rejection
* Next Call Walls:
* $142 (GEX7, 51%)
* $144–146 stacked (GEX8–10) — breakout potential zone if $139 clears
* Put Wall + Support Stack:
* $131 (HVL for 7/11 expiry)
* $128, $127 → deep support zones
* Net GEX Bias: Mildly bullish short-term
* IVR / IVX:
* IVR = 38.5 (low)
* IVX = 64.7 avg
* Flow Tilt: 40.4% CALLs → Balanced, but leaning risk-on
📌 Option Trade Thoughts: If PLTR clears and holds above $139, expect potential squeeze toward $142–$144 zone. Good setup for short-dated directional calls (0DTE or 2DTE) targeting $140–$142 with tight stops. Below $135.5–134 = breakdown back into the lower GEX zone → bearish PUT play to $131–128.
Options Suggestion: • Bullish Scenario: 140C or 142C (0DTE/2DTE) if $139 flips support • Bearish Scenario: 134P or 132P if price fails to reclaim $139 and breaks $135.5 Keep risk small — IV is relatively low so premiums still reasonable.
📉 1-Hour Price Action and SMC Outlook
* Structure: PLTR in a rising channel with clean higher lows
* CHoCH → BOS confirmed: Valid short-term bullish structure
* Current Zone: Consolidating under resistance ($139), forming ascending pennant inside channel
* Support Levels:
* $135.62 → prior CHoCH and EMA confluence
* $134.36 and $132.20 as deeper pullback supports
* Volume: Rising on pushes, fading on retrace → healthy structure
🎯 Trade Setup Ideas: Bullish:
* Entry: $139 breakout with volume
* Target: $142 → $144
* Stop: Below $135.5
Bearish:
* Entry: Rejection at $139 and break back below $135.5
* Target: $132.2 → $130
* Stop: Above $139.50
📈 Watch for confirmation of breakout or rejection from this wedge. Patience is key.
🧠 My Take:
PLTR is at a decision point — either breakout and trend to mid-$140s, or fakeout and retrace to reload lower. GEX stack shows resistance is thick but not extreme. Smart Money Concepts (CHoCH + BOS + channel structure) suggest bullish bias is intact — but we need confirmation over $139.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and do your own research before trading.
* Current Price: $138.69
* Highest Gamma Resistance (Call Wall): $139 → heavy OI + positive NetGEX → magnet + possible rejection
* Next Call Walls:
* $142 (GEX7, 51%)
* $144–146 stacked (GEX8–10) — breakout potential zone if $139 clears
* Put Wall + Support Stack:
* $131 (HVL for 7/11 expiry)
* $128, $127 → deep support zones
* Net GEX Bias: Mildly bullish short-term
* IVR / IVX:
* IVR = 38.5 (low)
* IVX = 64.7 avg
* Flow Tilt: 40.4% CALLs → Balanced, but leaning risk-on
📌 Option Trade Thoughts: If PLTR clears and holds above $139, expect potential squeeze toward $142–$144 zone. Good setup for short-dated directional calls (0DTE or 2DTE) targeting $140–$142 with tight stops. Below $135.5–134 = breakdown back into the lower GEX zone → bearish PUT play to $131–128.
Options Suggestion: • Bullish Scenario: 140C or 142C (0DTE/2DTE) if $139 flips support • Bearish Scenario: 134P or 132P if price fails to reclaim $139 and breaks $135.5 Keep risk small — IV is relatively low so premiums still reasonable.
📉 1-Hour Price Action and SMC Outlook
* Structure: PLTR in a rising channel with clean higher lows
* CHoCH → BOS confirmed: Valid short-term bullish structure
* Current Zone: Consolidating under resistance ($139), forming ascending pennant inside channel
* Support Levels:
* $135.62 → prior CHoCH and EMA confluence
* $134.36 and $132.20 as deeper pullback supports
* Volume: Rising on pushes, fading on retrace → healthy structure
🎯 Trade Setup Ideas: Bullish:
* Entry: $139 breakout with volume
* Target: $142 → $144
* Stop: Below $135.5
Bearish:
* Entry: Rejection at $139 and break back below $135.5
* Target: $132.2 → $130
* Stop: Above $139.50
📈 Watch for confirmation of breakout or rejection from this wedge. Patience is key.
🧠 My Take:
PLTR is at a decision point — either breakout and trend to mid-$140s, or fakeout and retrace to reload lower. GEX stack shows resistance is thick but not extreme. Smart Money Concepts (CHoCH + BOS + channel structure) suggest bullish bias is intact — but we need confirmation over $139.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and do your own research before trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.