Bearish flow noted in Apollo Global (APO) with 1,934 puts trading, or 1.1x expected. Most active are 1/31 weekly 155 puts and 1/31 weekly 162.5 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 3.04, while ATM IV is up over 3 points on the day. Earnings are expected on February 4th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- SoftBank to contact Apollo, Brookfield over Stargate funding, Nikkei reports
- Arrowhead to replace Barnes Group in S&P 600 at open on 1/27
- Rackspace appoints Jeffrey Benjamin as independent chairman of the board
- Blackstone eyes $3B in sale of Bob Dylan, Adele song rights, Bloomberg says
- Notified, Canadian Investor Relations Institute renew partnership
Questions or Comments about the article? Write to editor@tipranks.com