Corning (GLW) shares of the optical tech name are setting back up in a post earnings consolidation pattern as a flag has formed above its 21 EMA after it had a strong gap up on the report above 50 and pulled back to the rising 50 day MA near 46. GLW now coiling in a range here for a breakout above 48.50 for a retest of 50-51 with an outside chance at fresh highs into year end. GLW saw an 11/19 buyer of 2750 Dec 6^th$47 calls at $0.78 playing for a short term pop and also recent buys of Feb $41 and $44 ITM calls still in OI.