Understanding Apollo Global Management: A Deep Dive into Options
Apollo Global Management: What Recent Options Are Signaling
Options traders have tilted bearish on Apollo Global Management in recent sessions. Looking at Apollo Global Management (APO) options flow, about 40% of trades skewed bullish and 50% leaned bearish, leaving roughly 10% neutral. Digging into the notable prints, there were 6 puts totaling $323,434 in value, compared with 4 calls worth $230,613. In other words, more money—and more tickets—lined up on the defensive side.
Where the Market Is Aiming: The Watched Price Band
Over the past three months, investors have clustered around a working range between $75.0 and $120.0 for APO. You can see this in where volume has concentrated and where open interest has built. That band acts like a map: it shows where traders are placing chips and, by extension, where they expect the stock to move—or hesitate.
Volume and Open Interest: Reading the Tape
Volume tells you what traded today. Open interest tells you what’s still on the field tomorrow. Together, they offer a practical read on liquidity and conviction at specific strikes. Over the last 30 days, APO’s options have seen meaningful swings in both measures, with notable pockets of activity lining up inside the $75.0–$120.0 range. Those spikes often coincide with larger, directional trades that can set the tone for the next move.
Calls vs. Puts Over the Last 30 Days
The past month hasn’t been one-note. Calls and puts have both been active, reflecting a market that’s debating direction rather than marching in lockstep. Some traders are pressing for upside, others are guarding against a pullback, and a slice is choosing to stay neutral until the path clears. That tug-of-war is exactly what you’d expect around a well-defined price band.
Notable Options Trades Worth a Second Look
A few prints stand out and help frame sentiment right now:
- APO Call Option: A bullish call with a $120 strike expiring on March 21, 2025, points to traders willing to pay for longer-dated upside.
- Bearish Put Option: A put expiring on October 18, 2024, flags caution into the fall, with protection (or speculation) against a nearer-term dip.
- Neutral Position: A put expiring on September 13, 2024, reads as a more hedged or tactical stance—neutral on direction, focused on risk control.
A Snapshot of Apollo Global Management
Apollo Global Management Inc is a leading alternative asset manager with exposure across chemicals, manufacturing, natural resources, consumer services, and financial services. The business runs through three segments—Asset Management, Retirement Services, and Principal Investing. Of these, Retirement Services is the primary revenue driver, anchoring the firm’s current earnings mix.
How the Stock Looks Right Now
- The stock trades at $106.61, down 0.92%, on volume of nearly 2.95 million shares.
- Relative Strength Index (RSI) readings suggest it may be approaching overbought territory.
- Investors are looking ahead to the next earnings release, expected in the near term.
Analyst Views and Price Targets
In the last month, three analysts weighed in with an average price target of $134.0. Here’s how those calls stack up:
- Argus Research reiterates Buy with a $125 target.
- Deutsche Bank stays at Buy with a $124 target.
- Redburn Atlantic shifts to Buy and lifts its target to $153.
Options: Risk, Reward, and the Work in Between
Options can amplify gains—and losses. They demand discipline, ongoing learning, and a clear plan. Traders watching APO are adjusting strategies as sentiment swings and as volume and open interest cluster at key strikes. The work is in staying alert, not just to headlines, but to how positioning shifts under the surface.
Frequently Asked Questions
What stands out in APO’s recent options flow?
The mix skews cautious: about 40% of trades were bullish, 50% bearish, and the rest neutral. Dollar-wise, 6 puts totaled $323,434, while 4 calls summed to $230,613, underscoring the defensive tilt.
What price range are traders watching for APO?
Activity has clustered between $75.0 and $120.0 over the last three months, based on where trading volume and open interest have built up.
How are analysts rating Apollo Global Management right now?
Three analysts in the past month have Buy ratings, with an average price target of $134.0. Individual targets include $124, $125, and $153.
What’s the current trading snapshot for the stock?
APO is at $106.61, down 0.92%, with volume around 2,949,396 shares. RSI readings suggest it may be nearing overbought levels.
Where does Apollo make most of its money?
The company operates through Asset Management, Retirement Services, and Principal Investing, with Retirement Services serving as the primary revenue generator across its diverse end markets.
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