Financial giants have made a conspicuous bullish move on Apollo Global Management. Our analysis of options history for Apollo Global Management APO revealed 11 unusual trades.
Delving into the details, we found 63% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $320,042, and 9 were calls, valued at $2,669,497.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $135.0 for Apollo Global Management over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Apollo Global Management's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Apollo Global Management's whale trades within a strike price range from $110.0 to $135.0 in the last 30 days.
Apollo Global Management Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| APO | CALL | SWEEP | BULLISH | 01/17/25 | $10.6 | $9.8 | $10.1 | $125.00 | $505.0K | 8.3K | 2.0K |
| APO | CALL | SWEEP | NEUTRAL | 01/17/25 | $10.4 | $10.0 | $10.1 | $125.00 | $505.0K | 8.3K | 1.5K |
| APO | CALL | SWEEP | BULLISH | 01/17/25 | $10.0 | $9.8 | $10.0 | $125.00 | $500.0K | 8.3K | 520 |
| APO | CALL | SWEEP | BEARISH | 03/21/25 | $7.8 | $7.4 | $7.42 | $135.00 | $398.6K | 1.0K | 811 |
| APO | CALL | SWEEP | BULLISH | 01/17/25 | $10.4 | $10.1 | $10.1 | $125.00 | $378.7K | 8.3K | 1.0K |
About Apollo Global Management
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.
Having examined the options trading patterns of Apollo Global Management, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Apollo Global Management Standing Right Now?
- With a volume of 794,454, the price of APO is up 1.47% at $126.31.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 37 days.
Expert Opinions on Apollo Global Management
In the last month, 2 experts released ratings on this stock with an average target price of $142.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a cautious move, an analyst from Wells Fargo downgraded its rating to Overweight, setting a price target of $132. * In a cautious move, an analyst from Redburn Atlantic downgraded its rating to Buy, setting a price target of $153.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apollo Global Management with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
