Pan American Silver Unusual Options Activity For December 19 - Pan American Silver (NYSE:PAAS)

Core Viewpoint - High-rolling investors are showing bullish sentiment towards Pan American Silver (NYSE: PAAS), indicating potential insider knowledge or significant market movements [1]. Options Activity - A total of 12 options trades were identified for Pan American Silver, with 50% of traders bullish and 33% bearish. The trades included one put option worth $58,406 and 11 call options totaling $387,380 [2]. - The price target for Pan American Silver, based on options volume and open interest, ranges from $33.0 to $60.0 over the last three months [3]. - An analysis of the last 30 days shows significant options activity, with various strike prices being targeted by traders [4][5]. Noteworthy Options Activity - Recent options trades include: - A put option with a strike price of $60.00, total trade price of $58,406, and open interest of 153 [8]. - A bullish call option with a strike price of $49.00, total trade price of $48,000, and open interest of 113 [8]. - Another bullish call option with a strike price of $45.00, total trade price of $43,500, and open interest of 1,100 [8]. - A bearish call option with a strike price of $35.00, total trade price of $41,800, and open interest of 3,800 [8]. Company Overview - Pan American Silver Corp is primarily engaged in the operation, development, and exploration of silver and gold-producing properties. The company also produces zinc, lead, and copper, with several operating mines including La Colorada, Dolores, and Huaron [9]. Market Status - An industry analyst has set an average target price of $51.0 for Pan American Silver, maintaining a Buy rating [11][12]. - The current trading volume for PAAS is 1,637,035, with the stock price at $50.05, indicating no change [14].