UBS Analysts Back Palantir as Tech Stocks Surge
Palantir Technologies (NASDAQ:PLTR) has outperformed the market over the past five years, with an average annual return of 46.17%. The company's stock options saw significant activity on September 21st, with a total trading volume of 352.03K contracts and 3.81 million open interest.
According to data from Moomoo, put options accounted for 32.09% of the total transactions. This surge in option trading follows UBS analysts' recommendations of investing in top tech stocks, including Palantir and Amazon (NASDAQ:AMZN).