AIG shares rally beginning about 30 minutes ago on heavy volume. Shares are up $2.35 to $31.45 and 57K calls now traded. Action is scattered across March calls with strike prices ranging from 28 to 40. Checking for possible catalysts. AIG confirmed plans to sell its American Life Insurance biz to MetLife yesterday.
WhatsTrading.com
Objective Real Time Market Intelligence
American International Group Inc Corp (AIG) $32.28 +10.93%
Posted on March 9th, 2010 1:31 pm
(0 votes, average: 0.00 out of 5)You need to be a registered member to rate this post.
Loading ...Welcome
Option 8-ball
In the News
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| « Apr | ||||||
| Mouse over a bold date for a list of stories (premium stories are starred) | ||||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
Sections
- **Flow Monitor**
- All Symbols
- AutoPost
- Buy-Write
- MarketUpdate
- NY Expo Case Study
- Options 101
- ToolBox
- TradeOday
- Uncategorized
3 users commented on " American International Group Inc Corp (AIG) $32.28 +10.93% "
Follow-up comment rss or Leave a TrackbackIt’s become hard to borrow today. Hit a high of $34.80 — short squeeze.
Isn’t there also rumors of short selling rules that could help this short squeeze?
Yes, that’s also a factor. There’s talk that the government will limit short selling on stocks in which the gov’t has significant stakes. I think that’s why the spike in FRE and FNM today.