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Options traders weigh prospects for Palantir after a long slump

Reported · Written up by our desk · Options

CNBC Markets highlights how hopes are building around Palantir after the company’s upcoming earnings, after its stock has been in a nine-month bear market.

The report says options pricing is being watched for signs that investors may be positioning for a potential rebound, similar to the way a Microsoft-style comeback would play out through sentiment and market expectations.

CNBC World frames the debate around whether traders see enough upside potential to support a rally after results, or whether the recent downtrend will persist into the earnings period.

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