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Friday, September 19, 2008

AIG and SPY Call's


During the trading day today, I was able to find a nice little opportunity which was an obvious no brainer on AIG (NYSE:AIG). The October 5 Calls were especially active on AIG, opening today at $0.50 gapping up from the $0.24 PDC and reaching a high of $1.08 and ending the trading day at $0.91 with massive volitility throughout the day. There were plenty of profit-taking opportunities for traders.


As well, Calls on SPY performed extremely well for investors with Friday's rally.


Overall, plenty of gains for investors to earn back from the financial crash earlier this week.

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