TSX:AGMetals and Mining
Why First Majestic Silver (TSX:AG) Is Down 19.6% After Options Volatility Surges With $100 Silver
In early 2026, First Majestic Silver faced heightened uncertainty as options traders increased downside protection and implied volatility stayed elevated amid a sharp silver price surge linked to geopolitical tensions and a structural supply deficit.
This options activity underscored how First Majestic’s growing emphasis on pure silver exposure, including its Gatos Silver acquisition, is magnifying investor sensitivity to swings in the underlying metal.
We’ll now examine how this elevated...