852 GLW Oct 23 weekly 17 calls went up in 1 block on the PHLX through autoex.?

GLW

Shares of Corning Incorporated (GLW) are up .86 to 17.59 today. ?GLW is near the middle of the 52 week range.

  • Paper traded 852 GLW Oct 23 weekly 17 calls for .13. ??
  • The ADV is 11848 contracts.? ?
  • The open interest is 587 ?contracts.

The volume went up in 1 block on the PHLX through autoex.? Call buyer flooded all floors with volume on the strike surging to over 20000 contracts.? Much of the volume was done below .15.? The calls are now .55 bid as of this post.

  • IV 30 is trading for 33%.?
  • HV10 is trading for 18%.?
  • IV 30 is above 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. Corning 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 more than 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. The Company manufactures and processes products at approximately 90 plants in 17 countries.