Whales with a lot of money to spend have taken a noticeably bullish stance on American Intl Gr.
Looking at options history for American Intl Gr AIG we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $252,789 and 5, calls, for a total amount of $477,100.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $72.5 to $80.0 for American Intl Gr over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for American Intl Gr's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of American Intl Gr's whale activity within a strike price range from $72.5 to $80.0 in the last 30 days.
American Intl Gr Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AIG | PUT | TRADE | NEUTRAL | 09/20/24 | $4.4 | $4.2 | $4.3 | $77.50 | $172.0K | 404 | 2 |
| AIG | CALL | SWEEP | BULLISH | 08/16/24 | $1.05 | $0.95 | $1.05 | $80.00 | $157.3K | 1.9K | 10 |
| AIG | CALL | SWEEP | BULLISH | 08/16/24 | $1.0 | $0.95 | $1.0 | $80.00 | $100.0K | 1.9K | 1.5K |
| AIG | CALL | SWEEP | BULLISH | 07/19/24 | $0.8 | $0.75 | $0.75 | $76.00 | $79.9K | 1.2K | 0 |
| AIG | CALL | SWEEP | BULLISH | 08/16/24 | $0.75 | $0.65 | $0.75 | $80.00 | $74.8K | 1.9K | 2.5K |
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.
After a thorough review of the options trading surrounding American Intl Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
American Intl Gr's Current Market Status
- Currently trading with a volume of 5,192,726, the AIG's price is down by -4.13%, now at $74.84.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 12 days.
What The Experts Say On American Intl Gr
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $82.6.
- An analyst from B of A Securities has decided to maintain their Neutral rating on American Intl Gr, which currently sits at a price target of $81.
- An analyst from Morgan Stanley persists with their Equal-Weight rating on American Intl Gr, maintaining a target price of $80.
- Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $87.
- An analyst from Evercore ISI Group has decided to maintain their In-Line rating on American Intl Gr, which currently sits at a price target of $78.
- An analyst from Keefe, Bruyette & Woods persists with their Outperform rating on American Intl Gr, maintaining a target price of $87.
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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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