High-profile Investors Signal Bullish Sentiment for Apollo Global Management as Options Trading Increases

High-profile investors have shown a strong bullish sentiment towards Apollo Global Management (NYSE: APO), signaling a noteworthy trend that retail traders should pay attention to. Recent options data tracked by Benzinga highlights an unusual number of trades, indicating a potential upward movement in the stock’s performance. Although the identities of these investors remain unknown, heavy trading often suggests the possibility of confidential information influencing their strategies.

Today, Benzinga identified 29 trades specifically focused on Apollo Global Management, and a significant majority—about 75%—of these positions appear to be bullish, in contrast to 20% that are bearish. The data comprises one put option and a large number of call options, with total investments in calls nearing $2.93 million compared to just over $127,000 in puts. The keen interest from investors seems to target a price range between $120.00 and $150.00 for Apollo’s stock over the past three months. This trend reflects a market that is increasingly favorable towards the company’s prospects.

Apollo Global Management specializes in alternative investments across various sectors, including chemicals, retail, leisure, and technology. The company is divided into three primary segments: Asset Management, Retirement Services, and Principal Investing, with Retirement Services generating the largest share of its revenue. Market analysts have recently provided insights, estimating an average target price for the stock to be around $135.25. Engaging in options trading carries inherent risks, but it can also lead to substantial gains, especially for informed traders who leverage education, adjust strategies, and remain responsive to market conditions.