Quantchabot has detected a new Bear Call Spread trade opportunity for FIRST MAJESTIC SILVER (AG) for the 1-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
AG was recently trading at $22.86 and has an implied volatility of 83.08% for this period. Based on an analysis of the options available for AG expiring on 1-May-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $16.92-$22.98 at expiration. In this scenario, the average linear return for the trade would be 40.91%.
Big -7.19% Change: After closing the last trading session at $24.63, FIRST MAJESTIC SILVER opened today at $24.41 and has reached a low of $22.73.
Trade approach: A movement as big as -7.19% is a significantly bearish indicator, so this trade is designed to be profitable if AG maintains its current direction and does not revert back to pricing on the bullish side of $22.86 on 1-May-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if FIRST MAJESTIC SILVER closes at or below $23.17 on 1-May-2026. Based on our risk-neutral analysis, there is a 51.08% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.