AA vs an 8x open

villain is shaping up 18-13 over just under 100 hands. There is a bit of preflop station going on at this table. This is his first non-standard preflop open. My first thought when i saw this sizing and my aces was something that bikes (i think it was him) said ages ago = 'just secure the cooler'.
So, $5.20 look about right?

$0.10/$0.25 No Limit Holdem
8 Players
Hand Conversion Powered by weaktight.com

Stacks:
UTG ($30.01) 120bb
UTG+1 ($21.52) 86bb
MP1 ($10.26) 41bb
MP2 ($25.58) 102bb
daven (CO) ($39.09) 156bb
BTN ($11.41) 46bb
SB ($49.78) 199bb
BB ($25) 100bb

Pre-Flop: ($0.35, 8 players) daven is CO
UTG raises to $2, 3 folds, $2 to daven ($39.09)?