As Apple and Palantir prepare to release their earnings reports, options trading data indicates a surge in bearish sentiment. Apple's put option trading volume significantly exceeds call options, with its put option prices reaching the 86th percentile over the past year. Palantir's put option prices are even higher, reaching the 97th percentile over the past year, with the market anticipating an 11.5% fluctuation in its stock price. Furthermore, a block trade of Palantir put options worth $5.1 million also suggests pessimistic expectations.