Stock

First Majestic Silver Corp.

AG · Equity ·
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52W High
52W Low

AG Key Data

Symbol
AG
Name
First Majestic Silver Corp.
Type
Stock
Sector
Equity
Industry
Exchange
Live Price
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Market Cap
52-Week High
52-Week Low
Strategy
Covered Calls
Access
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About AG

First Majestic Silver Corp. is a publicly traded stock commonly used in covered call strategies to generate consistent income from existing positions.

AG Covered Call Strategy

Covered calls on AG allow shareholders to collect premium income while holding the stock. The most common approach is selling out-of-the-money calls 30-45 days to expiration (DTE) to balance premium income with potential upside. If you own 100 shares of AG, you can sell 1 call contract per 100 shares to generate consistent monthly income.

Covered calls on AG cap your upside at the strike price but provide downside cushion equal to the premium received.

How to Run a Covered Call on AG

01
Own 100 Shares
You must own at least 100 shares of AG to sell 1 covered call contract. Each options contract covers exactly 100 shares.
02
Choose Strike and Expiry
Select a call strike above the current AG price (OTM) and an expiry date. 30–45 DTE monthly cycles are most popular for income generation.
03
Sell the Call
Sell 1 call contract to collect the premium immediately into your account. This income is yours regardless of what AG does next.
04
Manage at Expiry
If AG stays below your strike, the option expires worthless and you keep the premium. If it rises above, shares get called away at the strike.

Frequently Asked Questions

Can I sell covered calls on AG?
Yes, AG has listed options. You need to own 100 shares per contract. Use our screener to find the best strikes and expiries based on your goals.
What strike should I choose for AG covered calls?
Most income traders choose strikes 2–10% above the current AG price (OTM), balancing premium income with allowing some upside. The ideal strike depends on your income vs. upside tradeoff.
What is the best expiry for AG covered calls?
Monthly options (30–45 DTE) have the best time-decay characteristics for covered call sellers. Weekly options on AG offer more flexibility but require more active management.
How much premium can I collect on AG covered calls?
Premium depends on AG's implied volatility (IV), your chosen strike distance, and days to expiry. Higher IV means more premium. Use CoveredCalls.live to see real-time premiums and annualized returns for AG.
What happens if AG rises above my strike?
Your shares get called away at the strike price. You keep the premium collected plus any gain from your cost basis to the strike. You can then buy shares back and repeat the strategy.

Screen the Best AG Covered Calls Right Now

Our screener scans AG options every few minutes and ranks setups by annualized return, downside protection, and bid-ask spread quality.

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