First Majestic (AG) Surges 9% to 52-Week High: What’s Fueling the Bullish Momentum?

Summary
• First Majestic (AG) rockets 9.17% to $10.295, hitting its 52-week high of $10.375
• Intraday volume surges to 31 million shares, outpacing its 6.79% turnover rate
• Options frenzy: 9,411 contracts traded on the 10-strike call ahead of the 9/19 expiry

First Majestic’s explosive rally has ignited a frenzy in options markets and technical indicators, with the stock piercing its 52-week high. The surge, driven by a confluence of bullish momentum and strategic options positioning, has positioned AG as a focal point for traders eyeing a continuation of the upward trend. With the 200-day moving average at $6.89 and RSI at 65, the stock is perched at a critical juncture between consolidation and breakout.

Technical Strength and Options Flow Drive AG’s Sharp Rally
First Majestic’s 9.17% intraday surge is a textbook case of technical and options-driven momentum. The stock’s price action pierced the 52-week high of $10.375, aligning with a bullish MACD crossover (0.210 vs. 0.195 signal line) and a RSI of 65, indicating strong upward pressure. Simultaneously, the 9,411 contracts traded on the 10-strike call (AG20250919C10) suggest aggressive positioning for a continuation of the rally. The high turnover of $418,628 and a 155% price change ratio on this contract highlight concentrated demand, while the 60.88% implied volatility ratio underscores elevated expectations for near-term volatility.

High-Leverage Call Options and ETFs Signal Aggressive Bullish Play
• 200-day average: $6.8926 (well below current price)
• RSI: 65.00 (neutral to bullish)
• Bollinger Bands: Price at $10.295 vs. upper band $9.646 (overbought)
• MACD Histogram: 0.0151 (positive divergence)

AG’s technicals paint a picture of a stock in a short- and long-term bullish phase. Key levels to monitor include the 30-day support/resistance range of $8.93–$8.97 and the 200-day pivot at $5.85. While no leveraged ETF data is available, the options chain reveals two standout contracts for aggressive bulls.

Top Option 1: AG20250919C10
• Code: AG20250919C10
• Type: Call
• Strike Price: $10
• Expiration: 2025-09-19
• IV: 60.88% (moderate)
• Leverage Ratio: 19.68% (high)
• Delta: 0.618 (moderate sensitivity)
• Theta: -0.0454 (rapid time decay)
• Gamma: 0.3897 (high sensitivity to price moves)
• Turnover: $418,628 (liquid)

This contract offers a balance of leverage and liquidity, ideal for capitalizing on a continuation of the rally. A 5% upside to $10.81 would yield a payoff of $0.81 per contract, translating to a 163% return on the $0.50 premium.

Top Option 2: AG20250926C10.5
• Code: AG20250926C10.5
• Type: Call
• Strike Price: $10.50
• Expiration: 2025-09-26
• IV: 64.19% (moderate)
• Leverage Ratio: 23.26% (high)
• Delta: 0.456 (moderate sensitivity)
• Theta: -0.0272 (moderate time decay)
• Gamma: 0.2882 (high sensitivity to price moves)
• Turnover: $65,482 (liquid)

This contract provides extended exposure with a 192.86% price change ratio. A 5% upside to $10.81 would yield a $0.31 payoff, a 148% return on the $0.21 premium.

Hook: Aggressive bulls may consider AG20250919C10 into a bounce above $10.375.

Backtest First Majestic Stock Performance
Unfortunately, I wasn’t able to pull AG’s daily price series from our data interface – the request returned a “session not found” error twice in a row. Without that file the platform can’t automatically identify the days on which the stock jumped ≥ 9 %, which is the prerequisite for running the event back-test you requested.Next best options1. Retry the download – often a fresh request resolves the session-routing problem. 2. If you already have the list of ≥ 9 %-surge dates (or the raw daily price file) on hand, you can simply upload it and I’ll continue the workflow from there.Let me know which route you’d like to take (or if you prefer another workaround) and I’ll proceed immediately.

Act Now: AG’s Bull Run Shows No Signs of Slowing—Here’s How to Position
First Majestic’s 9.17% surge has created a high-conviction setup for traders, with technicals and options flow aligning for a continuation of the rally. The 52-week high at $10.375 and the 200-day moving average at $6.89 form a critical price corridor to watch. While the sector leader Coeur Mining (CDE) has only risen 3.25%, AG’s momentum is self-contained, driven by speculative options positioning. Investors should prioritize the 10-strike call (AG20250919C10) for immediate exposure and the 10.5-strike call (AG20250926C10.5) for a longer-term play. Watch for a retest of $10.375 or a pullback to $9.30 as potential entry points.