PLTR - GEX Compression Signals Breakout

PLTR has entered a tight volatility compression phase, both on price and in the GEX profile, which is now clearly squeezed between well-defined option levels. 🔵

🔶 Current Structure 🔶

• Call resistance sits at 190
• Put support is defined at 170
• Price has been trading in a narrow range for over a week, confirming balance rather than trend 🔵
  

This type of GEX compression + price compression rarely persists for long, especially in a high-beta tech name like PLTR. Historically, these regimes resolve via sharp directional expansion, not slow grind.

From a regime perspective, PLTR is currently trading below the HVL, which keeps downside sensitivity elevated. A clean break below 170 would likely trigger 🔴 negative gamma dynamics, opening the door for accelerated downside.

🔶 Options Sentiment 🔶

• Call pricing skew is elevated near 40%, signaling stronger call demand despite range-bound price 🟢
  
• Implied volatility has been rising steadily over the past 5 sessions, confirming positioning ahead of a catalyst
  
• Earnings are scheduled for 02/02, adding fuel to an already compressed structure
  

🔶 Key Structure to Watch 🔶

• 170 – put support / downside trigger 🔴
  
• 190 – call resistance / upside breakout level 🟢
  
• HVL – regime pivot 🔵
  
• Compressed GEX profile – volatility expansion risk 🔵
  

With price, GEX, and volatility all compressing simultaneously, PLTR is setting up for a near-term breakout, with earnings acting as a potential catalyst. Direction will be determined by which side of the GEX range resolves first.