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Shares of Apollo Investment
AINV are higher on the session by 2.16%, currently trading at $26.10. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the June 2012 $6.00 call, which has traded 1,000 times on open interest of 184 contracts.
Calls are outpacing puts today by 100 to 1.
Apollo Investment Corporation is a closed-end, non-diversified management investment company that has elected to be treated as a business development company. Its investment objective is to generate both current income and capital appreciation.
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