American International Group (NYSE: AIG) closed yesterday at $23.84. So far the stock has hit a 52-week low of $19.73 and 52-week high of $70.13. American International Group stock has been showing support around 22.17 and resistance in the 26.55 range. Technical indicators for the stock are Bearish and S&P gives AIG a neutral 3 STAR (out of 5) hold rating. AIG appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Feb '09 19 covered call (AIG BZ) for a net debit in the $16.89 area. That is also the break even stock price for this trade. This covered call has a 197 day duration, provides 29.15% downside protection and a 12.49% assigned re...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)