Category: Markets

A 3-leg, $1.71M options structure landed in $AMZN on Friday, built around the $250 to $257.50 strikes. The legs lean bearish: the bought side profits as Amazon.Com falls, and the sold side helps pay for it.

Big-ticket orders are buying into Space Exploration Technologies: large and super-large trades show a net inflow of $107.49M so far today. Smaller orders point the same way, so the pressure is broad.

$2.09M moved through Apollo Global Management, Inc. ($APO) options on Friday in a 2-leg trade built around the $110 to $115 strikes. It reads as a vertical put spread, a trade about how far Apollo Global Management moves and when, more than a simple call on direction.