The shares of Corning (NYSE: GLW) have jumped more than 2% this afternoon, rallying along with the rest of the broad market. However, the security continues to be capped by staunch resistance at the $15.80 level. This region has served as both support and resistance during the past several months.

On the options front, the stock has seen more than 11,600 call contracts change hands, according to data from WhatsTrading.com. This volume is more than double the equity's average daily call trading volume. The most active strike has been the out-of-the-money October 16 call. This option has traded more than 8,300 contracts on open interest of 6,545 contracts. Traders could be selling this option in anticipation of it closing out of the money on Friday as the 15.80 level continues to hinder the stock's rally attempts.

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