I tend to raise with this hand preflop. If I get reraised, depending on who the raiser is and my read on him, I will lay it down, call, or even go over the top of him. I don't do this often, but with the right read it can be a profitable play. If I know the guy also has AK, or has AQ, or possibly JJ/QQ, my reraise will look like AA/KK. Again, I don't do this often.

On the flop, depending on the number of players, I will usually c-bet it 3/4's the pot. I will move cautiously if called/reraised, even if an A or K is on the board. Most people calling big UTG raises are set-hunting...