Pulling Corning Premium Ahead of Earnings With Put Write
GLW trades at 89.65. Stock shows 100% win rate on one trade. IV sits at 51.45. Earnings hit February 4 in 21 days.
Zacks ranks GLW over CLS in tech hardware. Article highlights AI demand for networking.
Zacks lists GLW among top ROE stocks with ANET and others as economy strengthens.
Motley Fool picks GLW as semiconductor play. Fiber optics power AI data centers beyond Nvidia.
Here is the put write: SELL -1 GLW 13 Feb 26 84.0 PUT Contract @2.37 LMT
Trade stats: Win Rate: 100.0. Number of trades: 1. Stock price: 89.65. IV: 51.45. Delta: -0.29. Theta: -0.1. Max Return Pct: 2.82.
Stock closes above 84 on expiration. Keep full premium.
Stock closes below 84 on expiration. Keep premium. Gain 100 shares at 84. Cost basis drops to 81.63.
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