AIG taking a big dump in the afterhours session futures taking a nosedive

[robbie380]

Quote from kinggyppo:

out 25.08 still holding core. sell puts?

go for it! you totally flatted your first long so go all out!

 

[robbie380]

Quote from Port1385:

Wow. Not one post about AIG???

btw u still in fnm?

 

[Trader5287]

Everything that's wrong with AIG boils down to Hank Greenburg.

You can take that to the bank.

 

[kinggyppo]

add 23.90.

 

[robbie380]

Quote from kinggyppo:

add 23.90.

what are your sizes?

 

[kinggyppo]

I don't say that. I am short puts here as well. I am watching the sep 22.00 put strike very closely. Could go as low as 20 for all I know but I think it will rebound. Good trading.

 

[Ivanovich]

I just bought @ 24.10. I'm a newbie at this, so while I could have gotten a lot more, I don't feel comfy messing with stocks yet.

Am I going to eat this? Tune in next time, same bat time, same bat channel.

 

[kinggyppo]

look at a 2 period average true range on a daily chart you are fading volatility in a sense, but its pretty high right now. Good trading.

 

[Ivanovich]

Since the buy isn't on margin, I can pretty much deal with a lower move without any issues. I guess I just have to consider whether we're closer to the bottom than the top

 

[ksonsinc]

Motherfxxxking AIG
Taking the whole Financial down with Him
I am holding Call on option and stock on merrill : (