Credit Spreads on AIG

Quote from adam772:

did this last month- ran up to 55 or 56 on that short squeeze....

credit spreads were the only real way to go....shorting the common stock too dangerous here...just amazing how fast that monster moves...

would definitely look into selling credit spreads way out of the money on aig...not likely that it stays so high for expiration...
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Obviously there are still enough speculators in this stock who need to be termintated. The "burn your fingers" factor has not yet culminated in a catastrophe....
 
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