Unpacking the Latest Options Trading Trends in Apollo Global Management
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among big-money investors for Apollo Global Management (NYSE: APO). Benzinga's options scanner identified 13 unusual options trades, with 61% being bearish. The trading activity suggests a focus on a price range between $100 and $120. Despite the bearish sentiment, analysts maintain positive ratings with a consensus target price of $130.2.
August 09, 2024 | 6:16 pm
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Recent options trading trends indicate a bearish sentiment among big-money investors for Apollo Global Management. Benzinga's options scanner identified 13 unusual options trades, with 61% being bearish. Despite this, analysts maintain positive ratings with a consensus target price of $130.2.
The bearish sentiment from big-money investors, as indicated by the options trading data, suggests a potential short-term downward pressure on APO's stock price. However, the positive analyst ratings and high target prices provide a counterbalance, indicating mixed signals for investors.
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