Decoding Apollo Global Management's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in Apollo Global Management (NYSE:APO) through significant options activity. Analysis reveals 10 unusual trades, with 8 calls valued at $3,334,620 and 2 puts valued at $105,120. The price window for these trades ranges from $107.0 to $170.0. Current market sentiment is mixed, with a slight price decrease to $112.69. Analysts have a consensus target price of $124.75, with ratings ranging from Hold to Overweight.
May 17, 2024 | 7:46 pm
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Apollo Global Management has seen significant bullish options activity, with 8 call trades valued at $3,334,620 and 2 put trades valued at $105,120. The stock is currently trading at $112.69, with a slight decrease of -0.03%. Analysts have a consensus target price of $124.75.
The significant bullish options activity, combined with a consensus target price higher than the current trading price, suggests a positive short-term outlook for Apollo Global Management. The mixed analyst ratings provide a balanced view but lean towards a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100