Benzinga on $PLTR (Nov 3, 2026)

Palanteer. I thought it was going to be up. It's down under pressure despite strong numbers.

We have Palunteer down.

commercial revenue surpassed government for Palunteer. Shocked to see it not fly.

So Palunteer which is heavily relied on government contracts is now making more from commercial.

Palunteer Technologies was 5.13% lower in pre-market trading on Tuesday despite reporting thirdarter 2026 earnings that beat estimates with EPS of 44 on revenue of $2.31 billion versus estimates of 41 and $2.18 billion.

We could get earnings reversals. Maybe it would be fun if if we could get a reversal in pounder. Palunteer trading down. it's pretty much gapped out. 167 by 16773. options a little too gapped out to trade right now.

See, I would take like a 17250 in global hours if it would give it to me. I don't think it will. All right, I just bought a little pound here at 168. see what goes on.

I do think Palanteer could be setting up nicely for a reversal.

And I got involved in Palunteer, by the way. Very small, very small, just to kind of get a feel on the momentum of the market.

so I bought that Palunteer hasn't really moved that much.

Palunteer down 6%. Uh, most active in the morning. Spies Q's, Apple, Palanteer, Celis, Life Sciences, Intel, Micron, Oracle, Tesla, SanDisk, AMD, Nvidia, no surprises, SpaceX 138.

Palunteer Apple.

Par was popping yesterday after it closed.

It's definitely popping now. It's going the other way. Uhoh. I hate this stuff. Totally guessing. You did make me money. I'm not going to lie. Thank you for the par. Who Who just said that?

JD, thank you. That was good. I have gratitude. Thank you.

Here comes Palanteer.

there's so much stuff on the table with how's Apple going to perform intraday. Palunteer,

so I looked at Apple and I looked at Palunteer and I went those guys are going to fade. They're they're going to fade. It doesn't matter how great they are.

And then Palunteer. This one is really also very divergent. Look at the momentum event. It's just really fallen off a cliff. And so my thought was this thing's going to come back in and test 160 162 and it could eventually fill the gap.

I mean I I'm not putting that out of the way. So that's definitely what I'm seeing.

also watching this one. I think the same thing is very likely to happen. And of course, you can see that 165 was the area that I was looking at. It tested it in the pre-market and now it's holding it pretty nicely.

It's broken above a steep downward trend. So, the first pass bounce needs to pull back. So, I would have something that says, "Hey, listen. Give me an alert. When it comes to 168 and then if it comes into 168, I'll buy a call spread, sell a put spread, do the same setup, right?

Or I could go in and have a little bit of Oh, that went beautifully. Wow, that iron coner was fantastic. Okay, so I can go here. Where's the ball flatten out? It takes us all the way the 20th, but we can clearly see where the wall is.

We got something at 160 to 155. And then where do we want to go? We'd want to go 178 to 185. So, let's do 75. Is it 85? No, 75 to 80. It's a buck 70. It'll cost us 50 bucks. Same sort of thing.

If we just wait for a little bit of a fade through the day, try and get a little bit more, you know, try and get a buck 50 for your short put spread and try to get your long calls spread for maybe a buck 60.

So, you're only paying, you know, $10 for the position. very asymmetric bet, but something I like and something that I think from a seasonality perspective looks very reasonable, very very reasonable.

Oh, let's see how the Apple and Palunteer things are going. Great. Love it. Doing exactly Doing exactly what I think it's going to. That's really really nice.

And you know, so far so good. We finally got into positive territory. So, this is lifting pretty nicely. It's lifting pretty nicely. And then what do we have here? This one pulling back.

We're still waiting for it to come back into 165ish. So, set an alert there for yourself at that maybe that 165 area. and you know think about picking it up there because I I think it's got room for a couple of days of motion and of course because I think the broad market is is going to lift the uncertainty of the election is going to go away and when uncertainty disappears the market likes that they want to position better and and see what's going on.