AIG's most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 5.71% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $45.00 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 67.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for AIG
Ex-AIG chief Greenberg must face judge he called biased
Tue, 29 Apr 2014 23:50:27 GMT
Reuters – Former AIG chief Maurice “Hank” Greenberg will have to defend himself against claims of accounting fraud in a non-jury trial conducted by a judge he tried to remove for alleged bias. Justice Charles Ramos of New York state court on Tuesday ruled against Greenberg's demand for a jury to hear the civil case brought by the New York attorney general. Earlier this month, a New York appeals court rejected Greenberg's attempt to remove Ramos from the long-running case. Greenberg claimed Ramos was biased against him and could not preside over a fair trial.
Ex-AIG Chief Greenberg Loses Jury Trial Bid in N.Y. Fraud Suit
Tue, 29 Apr 2014 21:23:23 GMT
Corporations are rising in reputation: Harris Poll
Tue, 29 Apr 2014 17:58:11 GMT
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Tue, 29 Apr 2014 11:25:56 GMT
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