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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- State Street, Apollo Global partner in effort to increase investor access
- ‘Private Markets Are the Hot Spot’: Analyst Suggests 2 Alternative Asset Stocks to Consider
- Apollo to Acquire Dutch Equipment Leasing Specialist Beequip from NIBC
- Apollo Global to acquire Beequip from NIBC
- Apollo Global call volume above normal and directionally bullish
