PLTR Approaching Key Gamma Resistance–Will 140 Break or Reject?

🔍 Options Sentiment (GEX Analysis):
PLTR is pushing into a high gamma zone with notable resistance from options positioning:
* Call Walls are stacked at 140, 142, and 145, with the 145 line aligning with a GEX10 and 2nd Call Wall (86.54%). This suggests significant overhead resistance and a possible hedging zone.
* Gamma flip zone is near 137, where the Highest Positive NETGEX sits — this acts as a pivot or support.
* Below 133, a Put Wall at 130, along with -14.16% NetGEX, offers clear downside targets if bulls lose momentum.
Implied Volatility Data:
* IVR 38.5 / IVx avg 62.3 – Implied volatility is relatively compressed.
* Call positioning is dominant at 38.1%, with GEX showing a ⚠️ yellow signal and diamond risk signals forming — indicating risk of volatility expansion.

🧠 Options Trade Ideas:
Bullish Case (Momentum breakout):
* If PLTR clears 140 with volume, a breakout toward 144–146 is possible.
* Suggested trade:
* Buy 145C or 150C (next week) on breakout + momentum confirmation.
* Ideal for gamma squeeze into overhead walls.
* Cut below 137.
Bearish Case (Rejection & fade):
* Rejection below 140 + shift under 137 would invalidate gamma support.
* Suggested trade:
* Buy 135P or 130P, looking for unwind down to 133 → 130.
* Cut if PLTR reclaims 140 and holds.

⏱ 1-Hour Price Action Analysis (Intraday to Swing Trading):

PLTR has been climbing steadily within a rising wedge channel, forming higher lows and breaking previous CHoCH/BOS zones.
* Recent CHoCH → xBOS confirms bullish intent but we’re currently at a potential short-term supply zone.
* Price is near structural resistance at 139.30–140, while remaining above the ascending trendline support.
📌 Key Levels:
* Resistance: 140 → 142 → 145
* Support: 137 (pivot), 133 (gap/FVG), then 130
* Trendline Support: Ascending, unbroken since early July

💡 Trading Outlook & Strategy:
* This is a "make-or-break" zone — bulls must clear 140 to unlock upside toward 144–146 (in line with call walls).
* Failure to break this level likely triggers profit-taking, especially if macro headwinds align.
* A pullback to 133–137 could provide a clean dip-buy zone, but a breakdown below 133 opens room to 130 and beyond.

✅ Actionable Strategy:
* Break & Hold Above 140 = Long setup
* Target 144/146
* Stop below 137
* Failure at 140 + Break Below 137 = Short setup
* Target 133/130
* Stop above 140

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk carefully.