AIG's most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 11.11% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for AIG is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for AIG is bullish.
The RSI indicator is at 77.88 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for AIG
Asian stocks mostly higher after Wall Street decline
Wed, 17 Aug 2016 04:00:22 GMT
AIG's Sale of United Guaranty Better-than-Expected, Executes Streamlining Plan
Tue, 16 Aug 2016 21:45:00 GMT
Carl Icahn: I See ‘Eye-to-Eye' With AIG's CEO
Tue, 16 Aug 2016 19:30:09 GMT
Carl Icahn: I See ‘Eye-to-Eye' With AIG's CEO
Tue, 16 Aug 2016 19:30:01 GMT
Icahn Sees ‘Eye-to-Eye’ With AIG’s Chief After $3.4 Billion Deal
Tue, 16 Aug 2016 19:04:59 GMT
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