Bearish flow noted in Apollo Global with 5,238 puts trading, or 1.5x expected. Most active are Apr-24 109 puts and 4/12 weekly 115 calls, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 4.14, while ATM IV is up over 1 point on the day. Earnings are expected on May 2nd.
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