Buying In-the-Money Palantir Calls Looks Attractive Here for Value Buyers

Palantir Technologies, Inc. (PLTR) stock may be forming a bottom here. Its underlying value is much higher. As a result, it makes sense to sell short out-of-the-money (OTM) puts in PLTR with one-month expiry and use the proceeds to buy 6-month in-the-money (ITM) PLTR calls.

PLTR is now down to $128.71 in midday trading on Feb. 24. It's down over $65 from $194.17 on Dec. 24, 2025, a 33% drop in 2 months. That provides a huge opportunity for value buyers.