Jul. 27 at 9:33 PM
$GLW reports tomorrow, and options flow is showing a slightly bullish bias.
Key data:
💰 Net Premium: +
$293K
📈 Calls: 51.9% of premium
📊 Expected Move: ±
$8
Notable trades:
• Sep.18
$155 Call Blocks (~
$177K &
$176K)
• Aug.21
$160 Call Sweep (~
$107K)
Some puts were also bought for protection, which tells me traders are bullish but staying cautious.
Estimates:
Revenue:
$4.62B vs
$4.35B
EPS:
$0.75 vs
$0.70
The flow looks interesting, but earnings are always about guidance. If AI infrastructure demand remains strong, GLW could get another catalyst.
Watching:
$APH and
$CIEN as related AI infrastructure plays.
Earnings reward patience, not chasing.
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