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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 8,457 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 56.88%. Jan-24 8 calls and Apr-23 7 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.19. Earnings are expected on May 11th.

Published first on TheFly

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