Notable Put Options Activity in Corning
Shares of Corning (NYSE: GLW) 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.
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