Core Insights - Corning Inc's shares increased by 16.7% to $110.80 following a multiyear fiber-optic supply agreement with Meta, valued at up to $6 billion, aimed at supporting U.S. AI data-center expansion [1] - The deal involves Corning supplying next-generation optical fiber, cable, and connectivity hardware, with plans to enhance manufacturing capacity in North Carolina [1] Stock Performance - Corning's stock is trading at record highs, marking its best daily percentage gain since April 2004, with a year-over-year increase of 122.7% [2] - The 100-day moving average has been a significant factor in guiding the stock price higher over recent months [2] Options Activity - Corning options are experiencing heightened activity, with 13,000 calls and 10,000 puts traded, indicating strong interest among traders [2] - The most actively traded option is the weekly 1/30 96-strike put, with new positions being opened [2] Volatility Assessment - Corning's Schaeffer's Volatility Scorecard (SVS) is at an elevated level of 86 out of 100, indicating that the stock has frequently surpassed option traders' volatility expectations over the past year [3]