Mixed options sentiment in First Majestic Silver (AG), with shares down 8c near $16.84. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.26. Implied volatility (IV30) dropped 2.52 near 75.35,in the top quartile of the past year, suggesting an expected daily move of $0.80. Put-call skew steepened, indicating increased demand for downside protection.
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