Palantir Technologies Inc. Class A (PLTR) Covered Calls

Palantir Technologies Inc. is a software company that builds platforms for integrating, managing, and securing large-scale data. Its primary products, Gotham and Foundry, enable government agencies and commercial enterprises to analyze complex data sets for intelligence, counter-terrorism, and operational decision-making. Through its Artificial Intelligence Platform (AIP), Palantir allows organizations to leverage large language models within their private networks to automate complex workflows.

You can sell covered calls on Palantir Technologies Inc. Class A to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for PLTR (prices last updated Fri 4:16 PM ET):

Palantir Technologies Inc. Class A (PLTR) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
131.41 +2.28 132.00 132.08 49.2M 308 308
Covered Calls For Palantir Technologies Inc. Class A (PLTR)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 131 3.85 128.23 2.2% 100%
Mar 20 130 9.75 122.33 6.3% 63.9%
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Core Business and Products

Palantir Technologies (PLTR) builds software that functions as the central operating system for modern enterprises and government agencies. Unlike traditional business intelligence tools that merely visualize data, Palantir’s platforms are designed to integrate disparate data sources into a unified "Ontology"—a digital twin of an organization’s operations—allowing users to make real-time decisions. In 2026, the company’s product suite is centered on four flagship platforms:

  1. Artificial Intelligence Platform (AIP): Launched as the company's primary growth engine, AIP enables customers to deploy large language models (LLMs) and AI agents safely within their existing data environments. In early 2026, Palantir introduced "AIP Hivemind," a system that allows teams of AI agents to autonomously research and solve complex enterprise problems.
  2. Palantir Gotham: Primarily used by defense and intelligence agencies, Gotham facilitates the identification of patterns within massive datasets to support counter-terrorism, disaster relief, and mission planning. It is currently a critical component of the United States’ tactical AI infrastructure.
  3. Palantir Foundry: This platform is the commercial workhorse, helping large corporations in sectors like aviation, energy, and healthcare manage their supply chains and operational workflows. It serves as the foundation for the "Self-Healing Enterprise," where the software identifies and suggests fixes for operational bottlenecks.
  4. Palantir Apollo: A continuous delivery software that ensures Palantir’s platforms can run securely across any environment, from public clouds to "disconnected" edge devices like satellites or submarines.

Competitive Landscape

Palantir operates in a unique space between data infrastructure and application software, leading to a complex array of competitors:

  1. Enterprise Data Platforms: In the commercial sector, Palantir competes for data integration and analytics budgets with Snowflake. While Databricks is a major competitor in the "Lakehouse" space, it remains private as of early 2026. Palantir distinguishes itself through its operational "Ontology" layer.
  2. Cloud and AI Rivals: The company faces competition from hyperscale providers like Microsoft (Azure) and Alphabet (Google Cloud), which offer their own AI development suites. It also vies for enterprise automation share with Salesforce and its Tableau analytics arm.
  3. Defense and Consulting: In government contracting, Palantir competes with traditional defense contractors like Lockheed Martin and consulting giants like Accenture, though its software-first approach often displaces human-intensive service models.

Strategic Outlook and Innovation

As of February 2026, Palantir has achieved a "Rule of 40" score of 127%, reflecting an extraordinary balance of high growth and profitability. The company has successfully shifted its revenue center toward the U.S. commercial market, where revenue is growing at over 115% annually. A key strategic pillar for 2026 is the "Sovereign AI" initiative in the EMEA region, where Palantir provides the secure data infrastructure for national AI data centers that comply with local privacy laws. Additionally, the company’s "bootcamp" sales model has drastically reduced the sales cycle, allowing customers to move from a pilot program to a live production environment in days rather than months. With over $7.2 billion in cash and no debt, Palantir is aggressively expanding its footprint in industrial robotics and shipbuilding through partnerships with firms like HD Hyundai, positioning itself as the indispensable software layer for the AI-driven industrial revolution.