First Majestic Silver call volume above normal and directionally bullish

Bullish option flow detected in First Majestic Silver with 6,969 calls trading, 1.0x expected, and implied vol increasing over 1 point to 61.20%. Jan-25 8 calls and Aug-24 5.5 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.14. Earnings are expected on October 31st.