American International Group - Post Icahn Tweet - American Intl Gr (NYSE:AIG)

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.

American International Group (NYSE: AIG) shares are trading lower $0.37 at $63.52 in Thursday's session. When Icahn's tweet hit the Street shares of the company immediately soared to $65.99 in premarket trading. However, in Wednesday's and Thursday's session the issue has struggled to clear $64, peaking at #63.93 on Wednesday and right a $64 in today's session. Since bottoming out during the financial crisis in 2008-2009, its July 24 high ($64.35) marks its rebound high.Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com

27% profits every 20 days?

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