Palantir Technologies Inc. ($PLTR) has recently experienced notable trading activity, particularly in options. On January 24, 2025, there was a significant increase in call options trading, with over 14,700 $PLTR calls for January 31, 2025, at a strike price of $87 trading at 71 cents, compared to a previous open interest of just 568. Additionally, a call sweep algorithm was observed, involving $7.5 million in net purchases for May calls at strike prices of $105, $110, $115, and $120. The net options delta for $PLTR stood at +2 million shares, indicating bullish sentiment in the market. The stock has also shown a bounce in its performance over the past few weeks, suggesting a potential upward trend.