7076 GLW Jun 20 and 21 calls went up in 2 blocks on the ARCA marked spread. ?

GLW

Shares of the Corning Inc. (GLW) are down .27 to 18.54 today.? GLW is near the middle of the 52 week range.

  • Paper traded 7076 GLW Jun 20 and 21 calls for .06 and .14.?
  • The ADV is 9018.?
  • The OI is 1469 and 10361 contracts.

The volume went up in 2 blocks on the ARCA marked spread. ?Over 13k contracts per strike traded overall as the trader appears to buy a call ?stupid? looking for much higher prices in GLW.? The trade does not look like it is tied to stock

  • IV 30 is trading for 24%.?
  • HV10 is trading for 45%.?
  • IV 30 is trading below the HV 10.

Corning Incorporated (Corning) is engaged in the manufacture of specialty glass and ceramics. The Company creates and makes keystone components that enable systems for consumer electronics, mobile emissions control, optical communications and life sciences.