Deep-pocketed financiers have actually embraced a bullish technique towards Corning (NYSE: GLW), and it’s something market gamers should not neglect. Our tracking of public choices records at Benzinga revealed this substantial relocation today. The identity of these financiers stays unidentified, however such a considerable relocation in GLW normally recommends something huge will take place.
We obtained this details from our observations today when Benzinga’s choices scanner highlighted 10 remarkable choices activities for Corning. This level of activity runs out the common.
The basic state of mind amongst these heavyweight financiers is divided, with 50% leaning bullish and 40% bearish. Amongst these noteworthy choices, 3 are puts, amounting to $402,210, and 7 are calls, totaling up to $553,795.
Forecasted Cost Variety
Taking into consideration the Volume and Open Interest on these agreements, it appears that whales have actually been targeting a cost variety from $37.0 to $105.0 for Corning over the last 3 months.
Volume & & Open Interest Advancement
Analyzing the volume and open interest offers important insights into stock research study. This details is type in assessing liquidity and interest levels for Corning’s choices at specific strike rates. Listed below, we provide a picture of the patterns in volume and open interest for calls and puts throughout Corning’s substantial trades, within a strike cost variety of $37.0 to $105.0, over the previous month.
Corning Alternative Activity Analysis: Last thirty days
Greatest Options Found:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Cost | Strike Cost | Overall Trade Cost | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GLW | CALL | TRADE | BEARISH | 06/18/26 | $ 6.2 | $ 5.9 | $ 5.9 | $ 100.00 | $ 293.8 K | 4.9 K | 500 |
| GLW | PUT | TRADE | BULLISH | 01/16/26 | $ 2.92 | $ 2.58 | $ 2.59 | $ 75.00 | $ 259.0 K | 2.6 K | 1.0 K |
| GLW | PUT | SWEEP | BULLISH | 11/14/25 | $ 3.5 | $ 2.9 | $ 3.07 | $ 85.00 | $ 107.4 K | 1.1 K | 943 |
| GLW | CALL | SWEEP | BULLISH | 11/14/25 | $ 1.27 | $ 0.85 | $ 1.27 | $ 82.00 | $ 63.3 K | 767 | 520 |
| GLW | CALL | SWEEP | BULLISH | 11/21/25 | $ 46.35 | $ 44.45 | $ 45.47 | $ 37.00 | $ 54.9 K | 39 | 12 |
About Corning
Corning is a service provider of glass, ceramics, and fiber optics throughout 6 unique end markets. Corning’s biggest sectors by earnings are display screen glass for Televisions and fiber optics for telecom networks and information centers. It likewise offers cover glass into mobile phones, filters and substrates and glass into vehicles, produces pharmaceutical glass, and produces polysilicon for photovoltaic panels. Corning is a U.S. manufacturer, and is vertically-integrated throughout its items and markets.
Having actually taken a look at the choices trading patterns of Corning, our attention now turns straight to the business. This shift permits us to explore its present market position and efficiency
Corning’s Current Market Status
- Presently trading with a volume of 2,796,137, the GLW’s cost is up by 0.5%, now at $82.77.
- RSI readings recommend the stock is presently is presently neutral in between overbought and oversold.
- Prepared for profits release remains in 75 days.
Professional Viewpoints on Corning
An overall of 5 expert experts have actually offered their take on this stock in the last thirty days, setting a typical cost target of $98.4.
Unusual Options Activity Detected: Smart Cash on the Move
Benzinga Edge’s Unusual Options board areas prospective market movers before they take place. See what positions huge cash is handling your preferred stocks. Click on this link for gain access to
* Keeping their position, an expert from Argus Research study continues to hold a Buy ranking for Corning, targeting a cost of $110.
* Constant in their assessment, an expert from Susquehanna keeps a Favorable ranking on Corning with a target cost of $100.
* Keeping their position, an expert from Barclays continues to hold a Equal-Weight ranking for Corning, targeting a cost of $83.
* An expert from Citigroup has actually chosen to keep their Buy ranking on Corning, which presently sits at a cost target of $99.
* An expert from UBS continues with their Buy ranking on Corning, preserving a target cost of $100.
Options trading provides greater threats and prospective benefits. Astute traders handle these threats by continuously informing themselves, adjusting their techniques, keeping an eye on several signs, and keeping a close eye on market motions. Stay notified about the current Corning choices trades with real-time notifies from Benzinga Pro.