Bear Put Spreads Below the 200-Day
Bear Put Spread4 trades pass on APO
- Return on risk
- 198.5% to 387.8%
- Probability of profit
- 32.6% to 38.6%
Apollo Global Management, Inc. · Financials
As of the close on . In the app, data is refreshed intraday.
APO closed at $113.39 on Oct 14, 2026 with 30-day implied volatility of 43.9%. That is in the upper half of its one-year range (IV rank 58), so premiums are somewhat richer than usual for APO. Measured by IV percentile, IV is higher than 75% of the past year's readings. Options expiring Nov 13 (30 days out) price a one standard deviation move of about $14.26, or 12.6%.
The price is below both its 50-day (-10.9%) and 200-day (-9.7%) moving averages. It is 25.7% below its 52-week high and 13.1% above its 52-week low. The 14-day RSI of 33.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $3.80, about 3.4% of the price, a measure of a typical day's range.
Option volume at the close (53.5K contracts) was 3.5x its average, far busier than usual. A beta of 1.20 means APO has tended to move about 1.2 times as much as the broad market. 1 of our preset screen found trades on APO at the close, led by Bear Put Spreads Below the 200-Day with 4 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 16, 20262 days | 48.4% | ±$4.06 (3.6%) | $109.33 to $117.45 | $3.25 |
| Nov 13, 202630 days | 43.9% | ±$14.26 (12.6%) | $99.13 to $127.65 | $11.35 |
| Dec 18, 202665 days | 41.3% | ±$19.76 (17.4%) | $93.63 to $133.15 | $15.80 |
| Jan 15, 202793 days | 39.9% | ±$22.82 (20.1%) | $90.57 to $136.21 | $18.20 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for APO from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
4 trades pass on APO
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.