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First Majestic Silver call volume above normal and directionally bullish

Bullish option flow detected in First Majestic Silver with 9,971 calls trading, 1.9x expected, and implied vol increasing over 3 points to 59.02%. Oct-24 5.5 puts and 9/27 weekly 6.5 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.61. Earnings are expected on October 31st.

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