American International Group (NYSE: AIG) closed yesterday at $24.47. 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 23.28 and resistance in the 25.76 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 Jan '09 20 covered call (AIG AD) for a net debit in the $18.17 area. That is also the break even stock price for this trade. This covered call has a 158 day duration, provides 25.75% downside protection and a 10.07% assigned r...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)