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Mixed options sentiment in First Majestic Silver with shares down 2.05%

Mixed options sentiment in First Majestic Silver (AG), with shares down 26c near $12.15. Options volume roughly in line with average with 56k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.16. Implied volatility (IV30) dropped 1.59 near 74.96, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.57. Put-call skew flattened, suggesting a modestly bullish tone.

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