The latest quarterly earnings report is out from Palantir (PLTR), and the stock is moving higher in the initial after-hours reaction. It’s too soon to call this the “Palantir earnings reaction,” as we won’t get that return in the books until Tuesday’s session - but until then, it’s interesting to note that PLTR options traders were pricing in the stock’s tamest earnings reaction in a year.
Specifically, the weekly Aug. 8 options series for Palantir stock reflects an expected 10.20% move in either direction after tonight’s earnings, which would be the smallest post-earnings price swing for PLTR in a year, by a very narrow margin.
