Trade.xyz PLTR Open Interest Rises 15% Ahead of Palantir Earnings

Open interest in PLTR perpetual contracts tied to Palantir Technologies Inc. rose 15.2% over four hours on Trade.xyz as one account opened a roughly $938,200 long position ahead of earnings.

The venue’s notional PLTR open interest grew from about $5.99 million to $6.9 million, a gain of roughly $910,000. The new position was equivalent to about 13.5% of open interest at the later reading and accounted for most of the increase.

The account’s address begins 0x9546. It built the long through an order that spread execution over time, at an average entry price of $187.64. The position used 10x isolated leverage and showed an unrealized loss of about $5,566 at the observation. Open interest measures outstanding contracts; its rise alone does not show how the wider market is positioned.

These contracts are derivatives linked to Palantir, separate from the company’s shares. Palantir plans to release its third-quarter results after U.S. markets close Monday, Nov. 2. Its earnings call is scheduled for 5 p.m. ET (22:00 UTC).