Corning Inc (GLW) Options Trading Volume Surges to 21,568 Contracts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Surge in Options Volume: Corning Inc (GLW) saw options trading volume reach 21,568 contracts today, representing approximately 2.2 million shares or about 46.7% of its average daily trading volume of 4.6 million shares over the past month, indicating heightened market interest in its future performance.
- High-Frequency Trading Insight: Among all options, the $86 strike put option expiring on January 30, 2026, was particularly active, with 4,851 contracts traded today, representing approximately 485,100 shares of GLW, suggesting investor expectations of a potential price decline.
- Intuit Inc Options Activity: Concurrently, Intuit Inc (INTU) experienced options trading volume of 8,719 contracts, equivalent to approximately 871,900 shares, or about 40.2% of its average daily trading volume of 2.2 million shares over the past month, reflecting market attention on its stock volatility.
- Put Option Trading Analysis: Notably, the $515 strike put option expiring on January 30, 2026, had a trading volume of 730 contracts today, representing about 73,000 shares of INTU, indicating a cautious outlook from investors regarding its future performance.
Analyst Views on LVS
Wall Street analysts forecast LVS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LVS is 69.12 USD with a low forecast of 56.89 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 59.940
Low
56.89
Averages
69.12
High
80.00
Current: 59.940
Low
56.89
Averages
69.12
High
80.00
About LVS
Las Vegas Sands Corp. is a global developer and operator of destination properties (Integrated Resorts). The Integrated Resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its properties also cater to high-end players by providing them with luxury amenities and premium service levels. Its other amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. Its principal operating and developmental activities occur in two geographic areas: Macao and Singapore. In Macao, it owns The Venetian Macao Resort Hotel; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao, and Sands Macao. In Singapore, it owns Marina Bay Sands. It also has ferry operations. It owns and operates a collection of Integrated Resorts in the Macao Special Administrative Region of the People's Republic of China (PRC) through Sands China Ltd.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
