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Apollo Global call volume above normal and directionally bullish

Bullish option flow detected in Apollo Global with 5,332 calls trading, 4x expected, and implied vol increasing over 1 point to 25.86%. Sep-23 77.5 calls and 7/7 weekly 76 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 3rd.

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Published first on TheFly

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