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Moderately bullish activity in First Majestic Silver with shares up 0.8%

Moderately bullish activity in First Majestic Silver (AG), with shares up 16c, or 0.8%, near $20.75. Options volume nearly triple the daily average with 171k contracts traded and calls leading puts for a put/call ratio of 0.06, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 1.8 points near 79.6,and above the 52wk median, suggesting an expected daily move of $1.04. Put-call skew flattened, suggesting a modestly bullish tone.

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