Financial Services Finance Reference Data Updated 2026-05-31

APO Gamma Exposure, IV Rank & Implied Volatility

Apollo Global Management (APO) options data — GEX, IV rank, options chain & Greeks

APO options trade with implied volatility typically in the 22% - 48% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 29.0 /100
IV 18.5%
Simulated data for display · open live APO on the platform →

An IV rank near 29.0 (the value shown here is illustrative) would mean implied volatility is in roughly the 29.0th percentile of its 1-year range — low IV, premium-buying regime for long calls/puts and debit spreads. For today's live APO IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 12.5%26.36%

Chart shows simulated data for display purposes. View the real APO IV history on the live platform →

Comprehensive options market data for Apollo Global Management (APO).

APO Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 48%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
22% - 48%
Market Cap
$80B+
Weeklies
Yes

1 About Apollo Global Management (APO)

Apollo Global Management is a leading alternative investment manager specializing in credit, private equity, and real assets. The firm manages over $600 billion in assets.

Company Profile

Sector Financial Services
Industry Asset Management
Market Cap $80B+
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Apollo Global Management operates in the Financial Services sector.

2 APO Options Market Overview

APO options provide good liquidity for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

APO options are available for trading across multiple expirations.

3 APO Implied Volatility & IV Rank

APO implied volatility reflects interest rate sensitivity and credit cycle dynamics. IV spikes during financial stress events and Fed policy shifts.

Low IV Environment
22% - 28%
Below average volatility
Typical IV Range
28% - 41%
Normal conditions
Elevated IV
41% - 48%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

The post-earnings volatility drop is known as IV crush. Holders of short APO options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

APO IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View APO Volatility Lab

APO Gamma Exposure (GEX)

Gamma Exposure analysis for APO reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: APO tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live APO GEX

4 Common APO Options Strategies

These are strategies commonly used by traders on APO options, based on typical market characteristics. This is not investment advice.

Popular for APO shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on APO.

Range-bound strategy for APO between events.

Key Considerations for APO Options

  • APO options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

Frequently Asked Questions: APO Options

What is APO's typical implied volatility?

APO implied volatility typically ranges from 22% - 48%.

Does APO have weekly options?

APO offers weekly options.

What is APO's options trading profile?

APO (Apollo Global Management) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 48% range. The position sits in the Financial Services category for portfolio diversification and options strategy design.

How does APO implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on APO?

Popular strategies on APO options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 48% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is APO's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence APO's intraday price action. APO tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live APO GEX levels and the gamma-flip point on ApexVol.

What is APO's IV rank?

APO's IV rank shows where APO's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. APO implied volatility typically ranges from 22% - 48%. Check APO's live IV rank and percentile on ApexVol's IV analytics.

AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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