AG240426P00009000 Option on First Majestic Silver
| AG Stock | USD 6.70 0.02 0.30% |
First Majestic's option chain provides insight into all available option contracts written on First Majestic's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of First Majestic's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given First option contract.
In The Money vs. Out of Money Option Contracts on First Majestic
Analyzing First Majestic's in-the-money options over time can help investors to take a profitable long position in First Majestic regardless of its overall volatility. This is especially true when First Majestic's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Majestic's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Majestic's stock while costing only a fraction of its price.
First Majestic's latest option contracts expiring on 2024-05-03 are carrying combined implied volatility of 231.52 with a put-to-call open interest ratio of 0.3 over 58 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-05-03. The current put volume is at 461, with calls trading at the volume of 2658. This yields a 0.17 put-to-call volume ratio. The First Majestic option chain provides detailed quote and price information for the current First Majestic Silver option contracts. It shows all of First Majestic's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-03 Option Contracts
First Majestic option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in First Majestic's lending market. For example, when First Majestic's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on First Majestic, he or she must hedge the risk by shorting First Majestic stock over its option's life.
2024-05-03
The chart above shows First Majestic's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. First Majestic's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for First Majestic's option, there is no secondary market available for investors to trade.
First Majestic's stock options are financial instruments that give investors the right to buy or sell shares of First Majestic Silver common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell First stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If First Majestic's stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Please note that buying 'in-the-money' options on First Majestic lessens the impact of time decay, as they carry both intrinsic and time value. So, even if First Majestic's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money First Majestic contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if First Stock moves the wrong way.
At this time, First Majestic's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The First Majestic's current Common Stock Total Equity is estimated to increase to about 1.3 B, while Capital Stock is projected to decrease to roughly 1.5 B. First Majestic Silver In The Money Call Balance
When First Majestic's strike price is surpassing the current stock price, the option contract against First Majestic Silver stock is said to be in the money. When it comes to buying First Majestic's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on First Majestic Silver are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
First Current Options Market Mood
First Majestic's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps First Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of First Majestic's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. First Majestic's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current First Majestic's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current First contract
Base on the Rule 16, the options market is currently suggesting that First Majestic Silver will have an average daily up or down price movement of about 14.47% per day over the life of the 2024-05-03 option contract. With First Majestic trading at USD 6.7, that is roughly USD 0.97. If you think that the market is fully incorporating First Majestic's daily price movement you should consider buying First Majestic Silver options at the current volatility level of 231.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing First Majestic options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" First calls. Remember, the seller must deliver First Majestic Silver stock to the call owner when a call is exercised.
First Majestic Option Chain
When First Majestic's strike price is surpassing the current stock price, the option contract against First Majestic Silver stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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First Majestic's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Majestic against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-03 CALL at $3.0 | 0.9901 | 0.0104 | 50 | 2024-05-03 | 2.95 - 5.75 | 3.73 | In |
Call | 2024-05-03 CALL at $4.0 | 0.9487 | 0.0439 | 61 | 2024-05-03 | 2.08 - 2.78 | 2.7 | In |
Call | 2024-05-03 CALL at $4.5 | 0.9312 | 0.0656 | 30 | 2024-05-03 | 1.74 - 2.4 | 2.29 | In |
Call | 2024-05-03 CALL at $5.0 | 0.8636 | 0.1033 | 63 | 2024-05-03 | 1.66 - 2.12 | 1.81 | In |
Call | 2024-05-03 CALL at $5.5 | 0.7634 | 0.1207 | 206 | 2024-05-03 | 1.07 - 2.24 | 1.23 | In |
Call | 2024-05-03 CALL at $6.0 | 0.9243 | 0.2605 | 82 | 2024-05-03 | 0.68 - 1.84 | 0.74 | In |
Call | 2024-05-03 CALL at $6.5 | 0.8061 | 1.0322 | 611 | 2024-05-03 | 0.23 - 0.27 | 0.28 | In |
Call | 2024-05-03 CALL at $7.0 | 0.2145 | 0.8706 | 2230 | 2024-05-03 | 0.03 - 0.04 | 0.04 | Out |
Call | 2024-05-03 CALL at $7.5 | 0.0539 | 0.2438 | 2924 | 2024-05-03 | 0.01 - 0.02 | 0.01 | Out |
Put | 2024-05-03 PUT at $6.5 | -0.1967 | 1.0291 | 1470 | 2024-05-03 | 0.02 - 0.04 | 0.03 | Out |
Put | 2024-05-03 PUT at $7.0 | -0.8465 | 0.9017 | 1259 | 2024-05-03 | 0.28 - 0.32 | 0.25 | In |
Put | 2024-05-03 PUT at $7.5 | -0.8495 | 0.344 | 126 | 2024-05-03 | 0.76 - 0.86 | 0.83 | In |
Put | 2024-05-03 PUT at $8.0 | -0.7407 | 0.2103 | 211 | 2024-05-03 | 1.03 - 1.96 | 1.15 | In |
Put | 2024-05-03 PUT at $8.5 | -0.9136 | 0.1443 | 8 | 2024-05-03 | 1.51 - 1.86 | 1.82 | In |
Put | 2024-05-03 PUT at $9.0 | -0.8137 | 0.1411 | 0 | 2024-05-03 | 1.93 - 2.45 | 0.0 | In |
Put | 2024-05-03 PUT at $9.5 | -0.846 | 0.1191 | 0 | 2024-05-03 | 2.4 - 2.92 | 0.0 | In |
Put | 2024-05-03 PUT at $10.0 | -0.9074 | 0.0907 | 0 | 2024-05-03 | 2.17 - 3.35 | 3.15 | In |
Put | 2024-05-03 PUT at $10.5 | -0.6663 | 0.089 | 0 | 2024-05-03 | 2.69 - 4.45 | 0.0 | In |
Put | 2024-05-03 PUT at $11.0 | -0.6392 | 0.0798 | 0 | 2024-05-03 | 3.35 - 5.1 | 0.0 | In |
Put | 2024-05-03 PUT at $11.5 | -0.9215 | 0.0644 | 0 | 2024-05-03 | 3.75 - 4.85 | 0.0 | In |
Put | 2024-05-03 PUT at $12.0 | -0.7616 | 0.0796 | 0 | 2024-05-03 | 4.35 - 7.05 | 0.0 | In |
Put | 2024-05-03 PUT at $12.5 | -0.6766 | 0.0716 | 0 | 2024-05-03 | 5.7 - 7.35 | 0.0 | In |
Put | 2024-05-03 PUT at $13.0 | -0.734 | 0.0715 | 0 | 2024-05-03 | 5.35 - 8.3 | 0.0 | In |
Put | 2024-05-03 PUT at $13.5 | -0.932 | 0.0476 | 0 | 2024-05-03 | 5.9 - 7.8 | 0.0 | In |
Put | 2024-05-03 PUT at $15.0 | -0.8602 | 0.0566 | 0 | 2024-05-03 | 7.5 - 9.5 | 0.0 | In |
First Majestic Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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First Majestic Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
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First Total Stockholder Equity
Total Stockholder Equity |
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First Majestic Corporate Directors
First Majestic corporate directors refer to members of a First Majestic board of directors. The board of directors generally takes responsibility for the First Majestic's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Majestic's board members must vote for the resolution. The First Majestic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Shaw | Independent Director | Profile | |
| Marjorie Co | Independent Director | Profile | |
| Ramon Davila | COO, Director | Profile | |
| Nicole AdsheadBell | Independent Director | Profile |
Already Invested in First Majestic Silver?
The danger of trading First Majestic Silver is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Majestic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Majestic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Majestic Silver is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Is First Majestic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.