Paper swept all floors to the tune of 20000 AG puts in the Sep cycle.?
Shares First Majestic Silver Corp (AG) are down .31 to 12.05 today.? AG is near the middle of the 52 week range.
- Paper 1346 AG Sep 11 puts for .30.?
- The ADV is 5400 contracts.? ?
- The open interest is 15 contracts.
The volume went up in one block on the PHLX.? Paper swept all floors to the tune of 20000 puts in the Sep cycle.? AG is aggressively off of its highs this year and the trader is betting on a collapse of the share price or hedging yearly gains.? The nature of the scattered blocks would be more the former and not the latter.
- IV 30 is trading for 71%.?
- HV10 is trading for 61%.?
- IV 30 is above the HV 10.
First Majestic Silver Corp. (First Majestic) is a mining company.?