AIG option volume 13x normal as implied volatility lifts
The Fly

AIG option volume 13x normal as implied volatility lifts

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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