First Majestic Silver call volume above normal and directionally bullish

Bullish option flow detected in First Majestic Silver with 13,144 calls trading, 1.9x expected, and implied vol increasing almost 5 points to 57.30%. Oct-24 8 calls and Jul-24 7 puts are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.61. Earnings are expected on August 1st.