Investors have been piling into a long-dated, in-the-money (ITM) call option contract on Corning Inc. (GLW), as seen in a Barchart report today. That's a very bullish signal from investors, as Corning will benefit from data-center and AI-related demand. This could lead to strong free cash flow (FCF) forecasts.
GLW stock is at $162.09 in midday trading today. That's up from a recent bottom at the end of July ($124.05 on July 29). The company reported strong results on July 28 before the market open and has been rising since.
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GLW stock is at $162.09 in midday trading today. That's up from a recent bottom at the end of July ($124.05 on July 29). The company reported strong results on July 28 before the market open and has been rising since.
Complacency in Gold May Be Hiding the Next Big Move
Advanced Micro Devices Dips on Lower FCF, But Short Put Plays Attract Value Investors
Cisco Systems Is In a Trading Range Ahead of Earnings - Shorting OTM Puts and Calls Works
#complacency #hiding
3 hours ago
