First Majestic Silver (AG) Options Chain

NYSE: AGBasic MaterialsPrecious MetalsUSD

17.28+0.30 (+1.77%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $17.28
Put/call ratio (OI): 0.35
Put/call ratio (volume): 3.32
ATM implied volatility: 54.7%
Expected move: ±$4.08
Open interest (C / P): 196.22K / 68.18K

AG options summary

The AG options chain for the December 18, 2026 expiration lists 32 call and 31 put contracts, with 68 days until expiration. Open interest stands at 196,216 calls and 68,181 puts, a put/call ratio of 0.35, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $17.00 strike is 54.7%, which implies the market expects a move of about ±$4.08 (23.6%) in First Majestic Silver stock by expiration.

The most open interest sits at the $25.00 call (48.63K contracts) and the $20.00 put (13.61K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

AG options chain · December 18, 2026

AG calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
36	2	679.7%	18.00	15.65	16.85	1.00	0.00	1.45	0.03	795.3%	2	5
0	12	—	16.20	0.00	0.00	2.00	0.00	0.00	0.02	50.0%	5	0
111	10	351.6%	15.55	13.70	14.85	3.00	0.00	0.64	0.01	296.1%	1	92
335	1	291.8%	16.80	12.70	13.85	4.00	0.01	0.06	0.07	159.4%	1	3,539
1,626	1	218.8%	11.98	11.90	12.65	5.00	0.00	0.09	0.03	141.4%	30	10,406
3,471	2	125.8%	10.39	10.25	10.55	7.00	0.00	0.06	0.01	99.2%	5	8,557
4,791	12	81.3%	7.42	7.25	7.55	10.00	0.00	0.09	0.04	67.2%	2	1,112
32	2	69.1%	8.77	6.05	6.75	11.00	0.01	0.11	0.07	59.8%	4	113
4,997	14	60.7%	5.12	5.15	5.70	12.00	0.06	0.14	0.11	55.7%	4	3,052
20	1	63.3%	4.82	4.30	4.90	13.00	0.13	0.35	0.28	57.7%	60	6,122
75	2	60.7%	3.36	3.50	4.05	14.00	0.29	0.49	0.35	55.3%	9	467
14,844	23	58.4%	3.10	2.83	3.20	15.00	0.58	0.64	0.61	53.0%	1,633	6,892
438	35	56.1%	2.44	2.13	2.54	16.00	0.89	1.20	0.94	55.8%	24	1,193
4,603	37	56.0%	1.85	1.74	1.87	17.00	1.34	1.55	1.44	53.3%	5	3,088
AG $17.28
6,237	8	56.7%	1.50	1.29	1.50	18.00	1.94	2.25	1.94	56.1%	5	1,923
6,268	17	56.4%	1.11	0.92	1.16	19.00	2.54	2.84	2.58	54.0%	7	2,194
10,756	238	59.3%	0.86	0.79	0.91	20.00	3.30	3.50	3.38	53.0%	544	13,608
1,163	4	60.4%	0.69	0.57	0.75	21.00	4.10	4.35	4.30	53.9%	6	2,143
2,943	40	62.0%	0.54	0.36	0.70	22.00	4.85	5.40	4.98	56.3%	2	396
3,367	12	62.5%	0.40	0.38	0.43	23.00	5.70	6.35	6.40	57.1%	2	294
847	2	63.8%	0.27	0.27	0.38	24.00	6.60	7.25	6.70	56.3%	2	120
48,629	27	65.2%	0.26	0.25	0.28	25.00	7.60	8.15	7.80	57.2%	1	1,010
1,172	3	69.9%	0.22	0.18	0.35	26.00	8.55	9.10	8.30	56.6%	15	342
5,970	66	67.4%	0.18	0.15	0.20	27.00	9.45	10.15	7.05	57.6%	1	719
2,818	10	69.5%	0.14	0.13	0.18	28.00	10.50	11.05	9.77	57.4%	4	38
853	4	71.9%	0.19	0.09	0.19	29.00	11.45	12.10	10.18	60.9%	3	7
37,701	40	69.3%	0.12	0.06	0.12	30.00	12.40	13.05	9.40	91.0%	1	267
373	13	75.2%	0.11	0.07	0.15	31.00	—	—	—	—	—	—
814	37	75.6%	0.12	0.06	0.12	32.00	13.45	14.35	11.77	—	78	76
1,417	42	81.6%	0.08	0.05	0.10	35.00	14.25	15.35	17.50	—	6	19
4,306	6	86.7%	0.06	0.03	0.12	37.00	15.60	17.00	19.85	—	—	45
25,203	30	89.5%	0.04	0.02	0.09	40.00	23.05	24.10	22.50	154.3%	40	342

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the AG put/call ratio?

For the December 18, 2026 expiration, the AG put/call ratio based on open interest is 0.35 (68,181 puts vs 196,216 calls), and 3.32 based on today's volume. A ratio above 1 means more puts than calls.

What is AG's implied volatility?

At-the-money implied volatility for AG options expiring December 18, 2026 is about 54.7%, an annualized estimate of how much the market expects First Majestic Silver stock to move.

How many AG option expiration dates are there?

AG has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.