The Trump administration has been kind to Palantir stock
Palantir Technologies Inc (NASDAQ:PLTR) is one of the best stocks on the Nasdaq today, last seen up 6.4% to trade at $130.17. Per a New York Times report, President Donald Trump is tapping the data software firm to organize personal data across government agencies such as the Department of Homeland Security (DHS), Internal Revenue Service (IRS), and others. The cross-agency data backbone would bolster Palantir's already-growing government contract list since Trump took office.
PLTR is now 72% higher in 2025, and is testing its May 14 record high of $133.49. The shares have come a long way in a year, as they traded at $23.04 12 months ago. Despite the gains, analysts are skeptical; 17 of the 20 brokerages covering the stock maintain "hold" or worse ratings. A shift in sentiment could keep wind at the equity's back.
An unwinding of pessimism in the options pits could provide additional tailwinds. PLTR's Schaeffer's put/call open interest ratio (SOIR) of 9.99 ranks in the 85th percentile of its annual range, indicating heavier-than-usual put exposure among short-term traders.
Options are affordably priced, in a
post-earnings volatility crush. The stock's Schaeffer's Volatility Index (SVI) of 55% ranks in their 22nd percentile of its annual range. Plus, with a
Schaeffer's Volatility Scorecard (SVS) at 85 (out of 100), Palantir has a history of exceeding option trader's volatility expectations during the past year.