Mixed options sentiment in First Majestic Silver (AG), with shares down $1.73 near $26.93. Options volume roughly in line with average with 42k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.08 near 88.12,in the top quartile of the past year, suggesting an expected daily move of $1.49. Put-call skew steepened, indicating increased demand for downside protection.
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