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 13 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 46% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $255,981 and 10, calls, for a total amount of $662,389.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $82.0 for American Intl Gr, spanning the last three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for American Intl Gr options trades today is 2339.9 with a total volume of 3,258.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for American Intl Gr's big money trades within a strike price range of $70.0 to $82.0 over the last 30 days.
American Intl Gr Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AIG | PUT | SWEEP | BULLISH | 06/21/24 | $1.75 | $1.7 | $1.7 | $72.50 | $155.9K | 1.2K | 10 |
| AIG | CALL | SWEEP | BEARISH | 06/21/24 | $2.55 | $2.5 | $2.5 | $77.50 | $140.7K | 8.6K | 1.0K |
| AIG | CALL | TRADE | BULLISH | 06/21/24 | $4.0 | $3.9 | $4.0 | $75.00 | $140.0K | 6.8K | 16 |
| AIG | CALL | SWEEP | BEARISH | 06/21/24 | $2.75 | $2.7 | $2.7 | $77.50 | $118.0K | 8.6K | 447 |
| AIG | CALL | TRADE | NEUTRAL | 01/16/26 | $15.8 | $15.4 | $15.6 | $70.00 | $57.7K | 234 | 37 |
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.
American Intl Gr's Current Market Status
- With a volume of 919,092, the price of AIG is up 0.74% at $75.87.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 0 days.
Expert Opinions on American Intl Gr
5 market experts have recently issued ratings for this stock, with a consensus target price of $82.4.
- An analyst from JP Morgan has decided to maintain their Neutral rating on American Intl Gr, which currently sits at a price target of $80.
- Consistent in their evaluation, an analyst from Keefe, Bruyette & Woods keeps a Outperform rating on American Intl Gr with a target price of $86.
- Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on American Intl Gr with a target price of $87.
- An analyst from Evercore ISI Group persists with their In-Line rating on American Intl Gr, maintaining a target price of $80.
- An analyst from Morgan Stanley persists with their Equal-Weight rating on American Intl Gr, maintaining a target price of $79.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest American Intl Gr options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
