AIG Primed for Move Higher

Yesterday, we looked at a Daily Price Chart for  //links.tradewins.com/a/126/click/10256389/743397264/_aa1dd422ebd2c5f88beb4b069f94d17f49f16125/687435937266009a3683f5f16ab8178b9a219611 May 2nd, 2024 AIG Primed for Move Higher Dear Reader, Yesterday, we looked at a Daily Price Chart for [Chipotle Mexican Grill Inc.](, noting that CMG’s OBV line is sloping up, validating the stock’s recent bullish trend. For today’s Trade of the Day e-letter we will be looking at a daily price chart for American International Group, Inc. (AIG). American International Group is a global insurance organization provideing a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services globally. These offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The company is also committed to promote economic growth in global communities. Now, let’s begin to break down the Daily Price chart for AIG stock. Take a look at the chart below. Unlock My Trading Secrets! With the [Options for Income Newsletter]( you’ll gain access to multiple trade setups every week along with a brief analysis of the underlying stock’s trend and a calculator breakdown of the setup. Our newsletter will guide you through the complex world of options trading, providing you with the tools and knowledge you need to master our strategies. 50-Day EMA and 100-Day EMA ‘Buy’ Signal The 50-Day Exponential Moving Average (EMA) and 100-Day EMA are moving average indicator lines that can provide buy and sell signals when used together. When the shorter-term 50-Day EMA crosses above or below the longer-term 100-Day EMA, this provides either a buy or sell signal depending on which direction the stock price is moving. - 50-Day EMA line Above 100-Day EMA = Price Uptrend = Buy signal When the 50-Day EMA (blue line) crosses above the 100-Day EMA (red line) this indicates that the stock’s buying pressure has begun to outweigh the selling pressure signaling a ‘buy’ signal. Buy AIG Stock As the chart shows, on June 29th, 2023, the AIG 50-Day EMA, crossed above the 100-Day EMA. This crossover indicated the buying pressure for AIG stock exceeded the selling pressure. For this kind of crossover to occur, a stock has to be in a strong bullish trend. Now, as you can see, the 50-Day EMA is still above the 100-Day EMA meaning the ‘buy’ signal is still in play. Since AIG’s 50-Day EMA is trading above the 100-Day EMA this means the stock’s bullish rally will likely continue. Let’s use the Hughes Optioneering calculator to look at the potential returns for an AIG call option purchase. For this specific call option, the calculator analysis below reveals if AIG stock is flat at 75.81 at option expiration, it will only result in a 7.3% loss for the AIG option compared to a 100% loss for an at-the-money or out-of-the-money call option. If AIG stock increases 5.0% at option expiration to 79.60 (circled), the call option would make 44.2% before commission. If AIG stock increases 10.0% at option expiration to 83.39 (circled), the call option would make 95.8% before commission and outperform the stock return nearly 10 to 1*. The leverage provided by call options allows you to maximize potential returns on bullish stocks. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. The prices and returns represented below were calculated based on the current stock and option pricing for AIG on 5/1/2024 before commissions. Short-Term Program from Chuck! Chuck Hughes has just launched his exciting new trading service program, Lightning Trade Alerts. This new service focuses on low-cost & short-term options trade. Members will receive hand-picked options trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join now! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at [dailytrade@chuckstod.com]( *Trading incurs risk and some people lose money trading.  --------------------------------------------------------------- See Related Articles [Buy CMG: Chipotle’s Growth on the Menu]( [Red Hot ‘Buy’ for Wingstop]( [LDOS: Trade Top Defense Sector Stock]( --------------------------------------------------------------- [TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (“Legacy”) Trading Services, newsletters and educational publications (“Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose. This email was sent to {EMAIL} by chuckstod@tradewins.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](