Bullish option flow detected in Pan American Silver with 9,572 calls trading, 10x expected, and implied vol increasing over 4 points to 45.99%. Apr-23 15 calls and Jul-23 18 calls are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 10th.
Published first on TheFly
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Read More on PAAS:
- Pan American Silver price target lowered to C$32 from C$32.50 at National Bank
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- Pan American Silver call volume above normal and directionally bullish