Apollo Global put volume heavy and directionally bearish
The Fly

Apollo Global put volume heavy and directionally bearish

Bearish flow noted in Apollo Global with 8,194 puts trading, or 4x expected. Most active are 10/27 weekly 83 puts and Oct-23 82 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 2.38, while ATM IV is up over 2 points on the day. Earnings are expected on November 1st.

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