What the Options Market Tells Us About Apollo Global Management

Whales with a lot of money to spend have taken a noticeably bullish stance on Apollo Global Management.

Looking at options history for Apollo Global Management APO we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $248,874 and 4, calls, for a total amount of $592,020.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $87.0 to $92.5 for Apollo Global Management over the last 3 months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Apollo Global Management's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Apollo Global Management's significant trades, within a strike price range of $87.0 to $92.5, over the past month.

Apollo Global Management Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

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.

After a thorough review of the options trading surrounding Apollo Global Management, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Apollo Global Management's Current Market Status

• Currently trading with a volume of 599,010, the APO's price is up by 0.46%, now at $92.0.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 44 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Apollo Global Management, Benzinga Pro gives you real-time options trades alerts.