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First Majestic Silver call volume above normal and directionally bullish
The Fly

First Majestic Silver call volume above normal and directionally bullish

Bullish option flow detected in First Majestic Silver with 12,269 calls trading, 1.7x expected, and implied vol increasing over 7 points to 61.39%. Oct-24 9 calls and Jul-24 7 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 1st.

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