Palantir Technologies Inc (PLTR) stock appears to be near a bottom, currently priced at $135.24 per share, down 30% from a recent high of $194.17. The stock is estimated to be worth between $189 and $245 per share, representing a potential increase of 40% to 81%. Trend traders have increased put options on PLTR, making them attractive to short-sellers. Shorting these put options could yield over 3.6% for an exercise price 7% lower than the current price. The high put option yields make them appealing for short-sellers and potential value buyers of PLTR stock.

Read more at Barchart: If Palantir is Near a Bottom, What’s the Best Play in PLTR Stock?