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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 16,094 calls trading, 3x expected, and implied vol increasing over 1 point to 48.98%. Jul-23 7 calls and 7/14 weekly 6 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.21. Earnings are expected on August 3rd.

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