Bearish flow noted in Apollo Global with 24,792 puts trading, or 12x expected. Most active are Jan-23 52.5 puts and Jan-23 47 puts, with total volume in those strikes near 20,200 contracts. The Put/Call Ratio is 18.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 9th.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on APO:
- Apollo, Pimco sign deal to act together in Carvana debt talks, Bloomberg says
- Atlas Air Worldwide shareholders approve of proposed acquisition by Apollo
- Yahoo eyes sports betting, retail stock trading, Axios reports
- Apollo Names Shawn T. Wooden Chief Public Pension Strategist and Partner
- Apollo Global appoints Wooden as Partner, Chief Public Pension Strategist