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Moderately bullish activity in First Majestic Silver with shares down 4.76%

Moderately bullish activity in First Majestic Silver (AG), with shares down $1.02 near $20.50. Options volume relatively light with 28k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 0.5 points near 79.99,and above the 52wk median, suggesting an expected daily move of $1.03. Put-call skew flattened, suggesting a modestly bullish tone.

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