AIG's most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 16.28% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $44.00 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 60.61 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
AIG Boosts Dividend, Buybacks as CEO Benmosche Eliminates Jobs
Fri, 14 Feb 2014 05:00:03 GMT
AIG: Upside To $60
Fri, 14 Feb 2014 01:41:01 GMT
AIG To Cut 3% of Employees, May Move Jobs to Asia
Fri, 14 Feb 2014 00:38:12 GMT
AIG Buybacks Show Cash Position Strength, CEO Says
Thu, 13 Feb 2014 23:53:41 GMT
AIG posts 4Q profit; cutting about 1,900 jobs
Thu, 13 Feb 2014 23:39:50 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook