American Intl Gr Unusual Options Activity

Financial giants have made a conspicuous bearish 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 23% of traders were bullish, while 76% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $142,734, and 11 were calls, valued at $1,018,616.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $67.5 to $75.0 for American Intl Gr over the last 3 months.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of American Intl Gr stands at 1389.17, with a total volume reaching 11,746.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in American Intl Gr, situated within the strike price corridor from $67.5 to $75.0, throughout the last 30 days.

American Intl Gr Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

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

• With a trading volume of 3,153,395, the price of AIG is up by 0.28%, reaching $70.28.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 78 days from now.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for American Intl Gr, Benzinga Pro gives you real-time options trades alerts.