Bearish flow noted in Apollo Global with 4,397 puts trading, or 1.4x expected. Most active are 6/14 weekly 112 puts and 6/7 weekly 113 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 7.98, while ATM IV is up over 1 point on the day. Earnings are expected on August 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- Skydance Revises Bid, Offers Premium to PARA Shareholders
- M&A News: Paramount (NASDAQ:PARA) Committee Gets Behind Skydance Deal, Shares Slip
- Apollo to Present at the TD Financial Services & Fintech Summit
- M&A News: Skydance Reappers with Sweetened Offer for Paramount (NASDAQ:PARA)
- M&A News: Paramount (NASDAQ:PARA) Acquisition a “Sorry Situation”