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First Majestic Silver call volume above normal and directionally bullish

Bullish option flow detected in First Majestic (AG) Silver with 20,325 calls trading, 3x expected, and implied vol increasing almost 3 points to 74.23%. 5/8 weekly 21 calls and May-26 21 calls are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.22. Earnings are expected on May 12th.

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