On the daily time frame we see $PLTR making lower highs and higher lows, price has already broke out of that triangle pattern and the indicators suggest it has more room to the upside. This is a newer stock so I don't have much historical iv to go off of, but the IV rank is currently around 0, when IV rank is low I tend to buy options that expire a month or two away, I do this because IV is mean reverting, w that said Im anticipating IV to push upwards to the next sell zone which seems like $24.39 or 0.382 which is a Fib Extension level.