Filed under: Earnings reports, Amer Intl Group (AIG), Options

American International Group (NYSE: AIG) is recently trading at $40.34 in pre-open trading, below its close of $44.15.

AIG reported a $7.81 billion first-quarter loss and announced plans to raise $12.5 billion.

Bank of America says: “1Q: The downside of high leverage and risk taking.”

AIG May option implied volatility is at 63; June is at 48; above its 26-week average of 44 according to Track Data, suggesting larger near term price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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This entry was posted on Friday, May 9th, 2008 at 8:18 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.