Notable Put Options Activity in Corning

Shares of Corning

are higher on the session by 1.68%, currently trading at $13.02. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2014 $17.00 put, which has traded 30,300 times on open interest of 26,495 contracts. Put volume is outpacing call volume by 81 to 1. Corning Incorporated is a global, technology-based corporation. The company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences.