Tape #6: See Breakouts Before They Happen | SpotGamma
•February 25, 2026
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Why It Matters
Identifying breakout momentum early lets traders lock in larger gains and avoid premature exits, directly boosting risk‑adjusted returns in volatile tech stocks.
Key Takeaways
- •SpotGamma’s Hero indicator flagged bullish call buying early
- •PLTR approached $155 call wall with rising orange line
- •Medium‑to‑long‑dated calls added $175M Hero reading to the bullish momentum
- •Over $40M in longer‑dated calls reinforced upward trend
- •Traders who rode momentum captured surge past $180
Summary
The video showcases how SpotGamma’s Hero indicator can spot a breakout before it materializes, using Palantir Technologies (PLTR) as a case study.
At the time PLTR hovered around $153, the stock neared the $155 call‑wall—a typical short‑term resistance level. The Hero’s orange line began climbing, reflecting a surge in call buying and a corresponding decline in put selling at strikes between $150 and $155, especially in medium‑ to long‑dated contracts.
SpotGamma’s tape revealed roughly $175 million of Hero‑derived buying pressure and more than $40 million in longer‑dated calls, signaling sustained bullish flow. The indicator correctly anticipated the subsequent rally, as PLTR broke through the wall and climbed past $180 in August.
For active traders, the early signal offers a tactical edge: stay in the trade to capture the full upside rather than exiting prematurely, and use the Hero metric to filter genuine momentum from transient spikes.
Original Description
As PLTR traded near $153 and approached the $155 Call Wall, short-term resistance would have typically kept the stock below the Call Wall. However, the SpotGamma HIRO indicator showed meaningful call buying, reflected by the rising orange line. Looking deeper, Tape revealed significant and consistent call buying and put selling at strikes in the $150–$155 range with medium- to long-dated expirations.
This sustained bullish flow—highlighted by a $175M HIRO reading and over $40M in longer-dated calls—suggested traders should ride momentum rather than fade it. While the Call Wall did it’s job for the following week, PLTR ultimately surged above $180 in August. The key edge was Tape identified this momentum early, empowering traders to avoid taking premature profits and to ride the move higher.
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