American International Group, Inc. (NYSE:AIG) – Call Options Suggest Further Gains

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AIG - Google Finance" href="http://www.google.com/finance?q=AIG">American International Group, Inc. AIG is a stock that I have written about in the past. Back then, news had come through about the company buying a series bonds, back from the Federal Reserve.

Since then, the stock has continued to slide and new 52 week lows of $27.10 were made on Wednesday. Over the next two days the stock has managed to gain by more than 7% and on Friday AIG closed at $28.96.

Trading in the call options has also increased sharply as the bar chart from whatstrading.com shows below.