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Apollo Global put volume heavy and directionally bearish

Apollo Global put volume heavy and directionally bearish

Bearish flow noted in Apollo Global with 6,779 puts trading, or 3x expected. Most active are Sep-24 102 puts and 9/13 weekly 104 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 3 points on the day. Earnings are expected on October 30th.

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