Bearish flow noted in Apollo Global (APO) with 5,072 puts trading, or 2x expected. Most active are 4/4 weekly 145 calls and Jun-25 115 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 1.50, while ATM IV is up over 3 points on the day. Earnings are expected on May 1st.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- Apollo Global President Zelter says private credit ‘not a bubble,’ FT says
- Dollar Tree Stock (DLTR) Jumps as Family Dollar Sale Plans Unfold Ahead of Q4 Earnings
- Unusually active option classes on open March 24th
- Apollo Global exploring $4B sale of Cox Media Group, Bloomberg reports
- Debt Slashing BP Offloads Stake in Turkish Gas Pipline for $1B
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue