AIG option volume 13x normal as implied volatility lifts. Shares of the insurer little changed near $72.88 with several large trades trading early in the day, including a sale of 8100 Jan 62.5 puts for 2.65 against a buy of 6000 Jun25 65 puts for 4.53 as shares traded near 72.68. both opening. Minutes later buyer(s) swept nearly 9k April 80 calls, paying 40c as shares traded a few cents higher, also opening. Suggests a view of further upside from current levels which are near 5yr high.
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