AIG (AIG) Offering Possible 12.11% Return Over the Next 16 Calendar Days

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AIG’s most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $56.00 short put and a strike $51.00 long put offers a potential 12.11% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $51.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for AIG is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for AIG is bullish.

The RSI indicator is at 68.82 level which suggests that the stock is neither overbought nor oversold at this time.

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Graham Fulcher to Join AIG as International General Insurance Chief Actuary
Mon, 20 Dec 2021 11:01:00 +0000
NEW YORK, December 20, 2021–American International Group (NYSE: AIG) today announced that Graham Fulcher will join the company as International General Insurance Chief Actuary, a newly created role. Based in London, Mr. Fulcher will report to Jon Hancock, Chief Executive Officer, International General Insurance and Richard Olsen, Chief Actuary, General Insurance. Mr. Fulcher will join the company during the first quarter of 2022.

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Thu, 16 Dec 2021 14:00:00 +0000
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