Decoding First Majestic Silver’s Options Activity: What’s the Big Picture? – First Majestic Silver (NYSE:AG)

Financially strong investors have taken a bullish approach to First Majestic Silver AGand market participants should not ignore that. Today, our tracking of public options records at Benzinga revealed this significant move. The identities of these investors remain unknown, but such a significant move in the AG usually suggests that something big is about to happen.

That’s what we learned from our observations today, as Benzinga’s Options Scanner highlighted 14 standout options activity for First Majestic Silver. This level of activity is extraordinary.

The overall sentiment among these heavyweight investors is split: 57% are bullish and 42% are bearish. Among these notable options are 2 puts totaling $87,290 and 12 calls totaling $455,856.

What is the price target?

Taking into account the volume and open interest of these contracts, it appears that whales have targeted a price range of $5.5 to $15.0 for First Majestic Silver over the past three months.

Analyzing volume and open interest

When trading options, it is important to look at volume and open interest. This data allows you to track the liquidity and interest of First Majestic Silver’s options at a specific strike price. Below we can observe the evolution of volume and open interest on calls and puts respectively for all First Majestic Silver whale trades within a strike price range of $5.5 to $15.0 over the last 30 days.

First Majestic Silver Option Activity Analysis: Last 30 Days

Largest options trades observed:

symbol	PUT/CALL	Type of trade	Feeling	Exp. Date	Questions	bid	Price	Strike price	Total trading price	Open interest	volume
AG	CALL	SWEEP	BULLISH	01/16/26	$0.8	$0.7	$0.79	$15.00	$51,0,000	22.0K	900
AG	SET	SWEEP	BULLISH	04/17/25	$2.19	$2.15	$2.15	$9.00	$49.6k	81	314
AG	CALL	TRADE	BULLISH	01/17/25	$1.24	$1.23	$1.24	$7.00	$49.6k	30.5K	1.8K
AG	CALL	TRADE	BEARISH	11/15/24	$0.42	$0.39	$0.39	$8.00	$46.8k	9.4K	1.8K
AG	CALL	TRADE	BEARISH	10/25/24	$1.55	$1.52	$1.53	$6.00	$45.5k	874	325

About First Majestic Silver

First Majestic Silver Corp is engaged in the production, development, exploration and acquisition of mineral properties with a focus on silver and gold production in North America. The Company owns three producing mines in Mexico, consisting of the San Dimas silver/gold mine, the Santa Elena silver/gold mine and the La Encantada silver mine.

After a thorough review of options trading surrounding First Majestic Silver, we move on to examining the company in more detail. This also includes an assessment of the current market status and performance.

Current market status of First Majestic Silver

• Trading volume stands at 16,724,600, with the price of AG up 4.11% at $7.6.
• RSI indicators suggest that the stock may be overbought.
• Earnings announcement is expected in 14 days.

What the experts say about First Majestic Silver

1 market experts recently gave ratings on this stock, with a consensus price target of $8.5.

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