6809 GLW Aug 19 calls went up in one block on the PHLX.? Over 10000 calls traded with paper buying them up prior to the dividend on 5/26.?
Shares of Corning Incorporated (GLW) are up .26 to 19.77 today. ?GLW is near the middle of the 52 week range.
- Paper traded 6809 GLW Aug 19 calls for 1.42 today. ?
- The ADV is 8606 contracts. ?
- The open interest is 1595 contracts.?
The volume went up in one block on the PHLX.? Over 10000 calls traded with paper buying them up prior to the dividend on 5/26.? The trade as printed looks bullish with scattered call buying going up on the strike with the block print.
- IV 30 is trading for 23%.?
- HV10 is trading for 25%. ?
- IV 30 is below the HV 10.
Corning Incorporated (Corning) is engaged in the manufacture of specialty glass and ceramics. The Company operates in five segments: Display Technologies, which manufactures glass substrates; Optical Communications, which is engaged in providing optical solutions; Environmental Technologies, which manufactures ceramic substrates and filter products; Specialty Materials, which manufactures products that provide over 150 material formulations for glass, glass ceramics and fluoride crystals, and Life Sciences segment, which is a developer, manufacturer and supplier of scientific laboratory products.

