Financial giants have made a conspicuous bullish move on American Intl Gr. Our analysis of options history for American Intl Gr AIG revealed 13 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $158,492, and 9 were calls, valued at $3,405,450.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $80.0 for American Intl Gr during the past quarter.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in American Intl Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to American Intl Gr's substantial trades, within a strike price spectrum from $50.0 to $80.0 over the preceding 30 days.
American Intl Gr Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AIG | CALL | TRADE | BEARISH | 06/21/24 | $15.6 | $13.7 | $14.3 | $60.00 | $1.2M | 2.3K | 0 |
| AIG | CALL | TRADE | BULLISH | 06/21/24 | $12.5 | $10.3 | $11.9 | $62.50 | $856.8K | 2.2K | 0 |
| AIG | CALL | TRADE | NEUTRAL | 06/21/24 | $24.9 | $23.0 | $24.1 | $50.00 | $578.4K | 726 | 0 |
| AIG | CALL | TRADE | BULLISH | 06/21/24 | $6.5 | $6.0 | $6.5 | $67.50 | $273.0K | 1.3K | 5 |
| AIG | CALL | TRADE | BEARISH | 06/21/24 | $9.4 | $8.6 | $8.8 | $65.00 | $264.0K | 865 | 0 |
About American Intl Gr
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
In light of the recent options history for American Intl Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of American Intl Gr
- Currently trading with a volume of 1,487,903, the AIG's price is down by -1.08%, now at $73.87.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 47 days.
Professional Analyst Ratings for American Intl Gr
2 market experts have recently issued ratings for this stock, with a consensus target price of $85.0.
- An analyst from HSBC downgraded its action to Hold with a price target of $86.
- An analyst from B of A Securities persists with their Neutral rating on American Intl Gr, maintaining a target price of $84.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Intl Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
