Bearish flow noted in Apollo Global with 3,308 puts trading, or 4x expected. Most active are 9/29 weekly 88 puts and Oct-23 90 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 3.87, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on APO:
- Apollo Global management to meet with Jefferies
- Apollo Global price target raised to $103 from $96 at BMO Capital
- IGT (NYSE:IGT) Rises on Apollo Global’s Interest in Global Gaming Unit
- Apollo among suitors aiming to buy IGT’s global gaming business, Bloomberg says
- Kimbell Royalty Partners Closes $455 Million Acquisition of Permian and Mid-Con Mineral and Royalty Interests in Cash Transaction