Agnico Eagle Mines Unusual Options Activity For March 02

Agnico Eagle Mines Limited -0.73%

Agnico Eagle Mines Limited

AEM

208.54

-0.73%

Deep-pocketed investors have adopted a bullish approach towards Agnico Eagle Mines (NYSE:AEM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AEM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Agnico Eagle Mines. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 36% leaning bullish and 26% bearish. Among these notable options, 3 are puts, totaling $192,605, and 16 are calls, amounting to $989,473.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $165.0 to $370.0 for Agnico Eagle Mines over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Agnico Eagle Mines's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Agnico Eagle Mines's significant trades, within a strike price range of $165.0 to $370.0, over the past month.

Agnico Eagle Mines Call and Put Volume: 30-Day Overview

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AEM CALL TRADE BEARISH 01/15/27 $91.1 $89.8 $89.8 $180.00 $179.6K 214 0
AEM CALL TRADE NEUTRAL 09/18/26 $21.5 $19.9 $20.7 $300.00 $155.2K 13 105
AEM PUT SWEEP BULLISH 03/20/26 $5.1 $4.5 $4.2 $235.00 $106.5K 25 263
AEM CALL TRADE BULLISH 01/15/27 $87.6 $85.7 $87.6 $180.00 $87.6K 214 33
AEM CALL TRADE NEUTRAL 07/17/26 $44.1 $41.5 $42.81 $230.00 $85.6K 117 20

About Agnico Eagle Mines

Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.

Having examined the options trading patterns of Agnico Eagle Mines, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Agnico Eagle Mines Standing Right Now?

  • Trading volume stands at 826,164, with AEM's price down by -0.16%, positioned at $255.0.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 52 days.

What Analysts Are Saying About Agnico Eagle Mines

In the last month, 1 experts released ratings on this stock with an average target price of $235.0.

  • An analyst from JP Morgan has decided to maintain their Neutral rating on Agnico Eagle Mines, which currently sits at a price target of $235.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.