Bearish flow noted in Corning with 4,866 puts trading, or 4x expected. Most active are 7/28 weekly 33 puts and Jul-23 32 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 2.46, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
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