Decoding Apollo Global Management's Options Activity: What's the Big Picture? - Apollo Global Management

Deep-pocketed investors have adopted a bullish approach towards Apollo Global Management (NYSE:APO), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in APO usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Apollo Global Management. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 50% leaning bullish and 28% bearish. Among these notable options, 4 are puts, totaling $916,301, and 10 are calls, amounting to $1,335,032.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $145.0 for Apollo Global Management, spanning the last three months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $110.0 to $145.0 in the last 30 days.

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

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
APO	PUT	SWEEP	BEARISH	01/17/25	$8.8	$8.7	$8.8	$140.00	$701.4K	532	797
APO	CALL	SWEEP	NEUTRAL	12/20/24	$7.8	$7.6	$7.6	$140.00	$322.4K	1.9K	91
APO	CALL	SWEEP	BULLISH	09/19/25	$16.1	$15.6	$16.1	$145.00	$286.5K	23	7.6K
APO	CALL	SWEEP	BULLISH	12/20/24	$7.9	$7.5	$7.9	$140.00	$256.4K	1.9K	505
APO	PUT	SWEEP	BULLISH	11/15/24	$2.3	$2.15	$2.15	$130.00	$107.5K	139	501

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.

Following our analysis of the options activities associated with Apollo Global Management, we pivot to a closer look at the company's own performance.

Present Market Standing of Apollo Global Management

Currently trading with a volume of 629,661, the APO's price is up by 1.31%, now at $139.72.
RSI readings suggest the stock is currently may be overbought.
Anticipated earnings release is in 25 days.

Expert Opinions on Apollo Global Management

In the last month, 5 experts released ratings on this stock with an average target price of $140.6.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Apollo Global Management with a target price of $149. * Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Apollo Global Management, targeting a price of $150. * An analyst from Goldman Sachs has decided to maintain their Buy rating on Apollo Global Management, which currently sits at a price target of $135. * In a cautious move, an analyst from Wells Fargo downgraded its rating to Overweight, setting a price target of $132. * An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Apollo Global Management, which currently sits at a price target of $137.

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APOApollo Global Management Inc

$132.19-0.76%

Overview

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