Mixed options sentiment in Corning (GLW), with shares down $3.17 near $175.38. Options volume relatively light with 41k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.66. Implied volatility (IV30) dropped 0.88 near 71.96,in the top quartile of the past year, suggesting an expected daily move of $7.95. Put-call skew steepened, indicating increased demand for downside protection.
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