Apollo Global Management's Options: A Look at What the Big Money is Thinking

Today, Benzinga's options scanner spotted 29 options trades for Apollo Global Management. This is not a typical pattern.

The sentiment among these major traders is split, with 75% bullish and 20% bearish. Among all the options we identified, there was one put, amounting to $127,577, and 28 calls, totaling $2,932,774.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $150.0 for Apollo Global Management over the last 3 months.

Volume & Open Interest Development

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 $120.0 to $150.0 in the last 30 days.

Apollo Global Management Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

About Apollo Global Management

In light of the recent options history for Apollo Global Management, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Apollo Global Management

  • With a volume of 305,671, the price of APO is up 0.8% at $124.99.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 9 days.

Professional Analyst Ratings for Apollo Global Management

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $135.25.

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.

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