American Intl Gr Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on American Intl Gr.

Looking at options history for American Intl Gr AIG we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 9% of the investors opened trades with bullish expectations and 90% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $90,210 and 8, calls, for a total amount of $273,520.

Latest Startup Investment Opportunities:

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 $80.0 for American Intl Gr over the last 3 months.

Insights into Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Intl Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Intl Gr's significant trades, within a strike price range of $67.5 to $80.0, over the past month.

American Intl Gr Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

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.

Following our analysis of the options activities associated with American Intl Gr, we pivot to a closer look at the company's own performance.

American Intl Gr's Current Market Status

• Trading volume stands at 2,440,672, with AIG's price up by 0.04%, positioned at $71.35.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 66 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 $79.2.

• An analyst from BMO Capital persists with their Outperform rating on American Intl Gr, maintaining a target price of $81.
• Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for American Intl Gr, targeting a price of $74.
• An analyst from RBC Capital has decided to maintain their Outperform rating on American Intl Gr, which currently sits at a price target of $80.
• In a cautious move, an analyst from B of A Securities downgraded its rating to Neutral, setting a price target of $77.
• Consistent in their evaluation, an analyst from UBS keeps a Buy rating on American Intl Gr with 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.