AIG’s most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $61.00 short put and a strike $56.00 long put offers a potential 8.7% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $61.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $56.00 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 62.81 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 Goes From Lifeline to the Deal Frontline
Tue, 09 Jan 2018 22:24:08 +0000
Ten years after a bailout, the insurer looks to grow, not break up.
See what the IHS Markit Score report has to say about American International Group Inc.
Tue, 09 Jan 2018 13:00:07 +0000
American International Group Inc NYSE:AIG
AIG to Present at the 2018 Consumer Electronics Show
Wed, 03 Jan 2018 22:00:00 +0000
American International Group, Inc. today announced that Lex Baugh, CEO of North America General Insurance, and Gaurav D. Garg, CEO of Global Personal Insurance, will present at the Consumer Electronics Show in Las Vegas, Nevada, on Monday, January 8, 2018, from 3:30 – 4:30 p.m.
Comparing AIG’s Ratings with Other Insurance Players
Mon, 01 Jan 2018 15:30:43 +0000
Of 20 analysts tracking AIG, seven suggested a “strong buy,” nine recommended a “hold,” one suggested a “sell,” and three rated AIG stock as a “buy.”
How Discounted Valuations Affected AIG in 3Q17
Mon, 01 Jan 2018 14:00:49 +0000
On an NTM (next-12-months) basis, American International Group (AIG) has a price-to-earnings ratio of ~11.6x compared to its peers’ average of ~13.9x, which implies lower valuations.
Also on Market Tamer…
Follow Us on Facebook