First Majestic Silver Shares Up 6.03% to $20.48
Moderately bullish activity in First Majestic Silver (AG), with shares up $1.17, or 6.03%, near $20.48. Options volume running well above average with 77k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 2.7 points near 87.29,in the top quartile of the past year, suggesting an expected daily move of $1.13. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at BMO Capital.
