GEX Analysis for PLTR-Dec. 13, 2024
Current Price: $73.71
IVR: 61.7
IVx Average: 73.6
Options Sentiment: Bullish with 78.3% in Calls.
Key Levels:
Resistance:
* $75.00: Highest Positive NETGEX (Key breakout level).
* $76.00: 2nd CALL Wall.
* $77.00 - $80.00: Extended resistance zones (watch for potential rejections).
Support:
* $73.00: 3rd CALL Wall (Key support level for bulls to hold).
* $72.00: High Volume Level (HVL) and 1DTE PUT Wall.
* $68.00: GEX10 Level, stronger downside support.
Sentiment & Projection:
* PLTR is showing strong bullish options sentiment.
* A breakout above $75.00 could drive prices to $76.00 or higher.
* Failure to hold $73.00 could see a pullback toward $72.00, and further bearish momentum may test $68.00.
Trading Strategies:
Bullish:
* Entry Above: $74.00 (Confirmation of breakout).
* Target: $75.00, $76.00.
* Stop Loss: $73.00.
Bearish:
* Entry Below: $73.00.
* Target: $72.00, $70.00.
* Stop Loss: $74.00.
Reminder:
Always verify IVR and IVx for real-time updates before entering trades. Adjust setups accordingly for the latest market conditions.
Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
IVR: 61.7
IVx Average: 73.6
Options Sentiment: Bullish with 78.3% in Calls.
Key Levels:
Resistance:
* $75.00: Highest Positive NETGEX (Key breakout level).
* $76.00: 2nd CALL Wall.
* $77.00 - $80.00: Extended resistance zones (watch for potential rejections).
Support:
* $73.00: 3rd CALL Wall (Key support level for bulls to hold).
* $72.00: High Volume Level (HVL) and 1DTE PUT Wall.
* $68.00: GEX10 Level, stronger downside support.
Sentiment & Projection:
* PLTR is showing strong bullish options sentiment.
* A breakout above $75.00 could drive prices to $76.00 or higher.
* Failure to hold $73.00 could see a pullback toward $72.00, and further bearish momentum may test $68.00.
Trading Strategies:
Bullish:
* Entry Above: $74.00 (Confirmation of breakout).
* Target: $75.00, $76.00.
* Stop Loss: $73.00.
Bearish:
* Entry Below: $73.00.
* Target: $72.00, $70.00.
* Stop Loss: $74.00.
Reminder:
Always verify IVR and IVx for real-time updates before entering trades. Adjust setups accordingly for the latest market conditions.
Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.