Corning put volume heavy and directionally bearish
The Fly

Corning put volume heavy and directionally bearish

Bearish flow noted in Corning with 27,001 puts trading, or 33x expected. Most active are 9/27 weekly 40 puts and Sep-24 40 puts, with total volume in those strikes near 25,700 contracts. The Put/Call Ratio is 18.43, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 29th.

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