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Corning put volume heavy and directionally bearish

Bearish flow noted in Corning with 3,339 puts trading, or 7x expected. Most active are 10/13 weekly 30 puts and Oct-23 29 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 10.06, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.

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