CIEN - Options Database

CIEN

CIENA CORP

$462.44 -5.73%

$463.50 (+0.23%)🌙

as of 07/01 06:01 PM

(7/1 15:05) ◀

Wednesday, July 1, 2026 (6:01pm)

▶ (7/2 15:05)

◀ 7/1 18:01 ▶

Option Volume

Detail

ℹ

Current (07/01) 8,068

Calls: 5,390 (67%)

Puts: 2,678 (33%)

Prior (06/30) 13,080

Calls: 5,068 (39%)

Puts: 8,012 (61%)

Current vs Prior -38.32%

Calls: +6.35% (Calls)

Puts: -66.58% (Puts)

Prior 7-Day Total 84,254

Calls: 48,448 (58%)

Puts: 35,806 (42%)

Prior 7-Day Average 12,036

Calls: 6,921 (58%)

Puts: 5,115 (42%)

Current vs Prior 7-Day Avg -32.97%

Calls: -22.12%

Puts: -47.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/01) $25.80M

Calls: $21.62M (84%)

Puts: $4.18M (16%)

Prior (06/30) $22.72M

Calls: $16.60M (73%)

Puts: $6.12M (27%)

Current vs Prior +13.55%

Calls: +30.23%

Puts: -31.73%

Prior 7-Day Total $180.39M

Calls: $135.08M (75%)

Puts: $45.31M (25%)

Prior 7-Day Average $25.77M

Calls: $19.30M (75%)

Puts: $6.47M (25%)

Current vs Prior 7-Day Avg +0.11%

Calls: +12.05%

Puts: -35.48%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/01) 0.50

Prior (06/30) 1.58

Current vs Prior -68.57%

Prior 7-Day Average 0.79

Current vs Prior 7-Day Avg -37.11%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/01) 100,545

Calls: 46,924 (47%)

Puts: 53,621 (53%)

Prior (06/30) 89,896

Calls: 45,130 (50%)

Puts: 44,766 (50%)

Current vs Prior +11.85%

Prior 7-Day Total 588,045

Calls: 301,964 (51%)

Puts: 286,081 (49%)

Prior 7-Day Average 84,006

Calls: 43,137 (51%)

Puts: 40,868 (49%)

Current vs Prior 7-Day Avg +19.69%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)

Current 10.48% | 14.49%10.48% | 14.49%14.49% | 25.69%

Prior 5.76% | 11.58%-- | ---- | --

Current vs Prior -25.27% | -9.51%-- | ---- | --

Prior 7-Day Avg 7.29% | 11.94%-- | ---- | --

Current vs 7-Day Avg -41.01% | -12.25%-- | ---- | --

Prior 7-Day Eod 5.76% | 11.58%-- | ---- | --

Current vs 7-Day Eod -25.27% | -9.51%-- | ---- | --

Sentiment BULLISH----

Relative Spread

Detail

ℹ

Expiry | Next

Current 32.12% | 18.43%

Calls: 24.24% | 19.25%

Puts: 40.00% | 17.60%

Prior 24.05% | 22.70%

Calls: 26.02% | 20.91%

Puts: 22.07% | 24.49%

Current vs Prior +33.56% | -18.81%

Prior 7-Day Avg 36.68% | 24.09%

Calls: 33.93% | 24.30%

Puts: 39.43% | 23.89%

Current vs 7-Day Avg -12.43% | -23.51%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($21.62M) vs puts ($4.18M). Extreme bullish P/C ratio of 0.50 - heavy call buying (5,390 calls vs 2,678 puts). P/C ratio dropping 69% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 24 of results (avg 8.5%, best 7.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Jul 17	93.00	100.00	$96.50	7.3%	--	0.91	35
$380.00	Jul 17	84.00	91.00	$87.50	8.0%	2	0.88	51
$385.00	Jul 24	84.00	91.00	$87.50	8.0%	--	0.82	22
$375.00	Jul 2	83.00	90.00	$86.50	8.1%	1	1.00	9
$370.00	Jul 2	88.00	95.50	$91.75	8.2%	2	1.00	9

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$550.00	Jul 17	91.00	98.00	$94.50	7.4%	--	0.82	52
$550.00	Jul 2	85.20	92.00	$88.60	7.7%	--	0.98	13
$455.00	Jul 17	26.20	28.30	$27.25	7.7%	--	0.43	22
$540.00	Jul 24	87.00	94.00	$90.50	7.7%	--	0.75	10
$540.00	Jul 17	83.00	90.00	$86.50	8.1%	--	0.78	29

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 145 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Jul 2	88.00	95.50	$91.75	8.2%	2	1.00	9
$375.00	Jul 2	83.00	90.00	$86.50	8.1%	1	1.00	9
$377.50	Jul 2	80.10	88.00	$84.05	9.4%	1	1.00	4
$380.00	Jul 2	78.00	85.00	$81.50	8.6%	--	1.00	12
$385.00	Jul 2	73.00	80.80	$76.90	10.1%	--	1.00	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$550.00	Jul 2	85.20	92.00	$88.60	7.7%	--	0.98	13
$525.00	Jul 2	60.00	67.00	$63.50	11.0%	--	0.97	41
$540.00	Jul 2	75.00	82.00	$78.50	8.9%	--	0.97	13
$545.00	Jul 2	80.00	87.00	$83.50	8.4%	--	0.97	37
$530.00	Jul 2	65.00	72.00	$68.50	10.2%	--	0.96	10

Most actively traded options today. High liquidity = easy entry/exit. 263 active (total vol 4.2K, top 219)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$465.00	Jul 2	3.10	11.00	$7.05	112.1%	219	0.45	89
$517.50	Jul 2	0.00	1.50	$0.75	200.0%	205	0.06	211
$487.50	Jul 2	0.40	2.50	$1.45	144.8%	201	0.13	26
$462.50	Jul 10	19.00	25.30	$22.15	28.4%	181	0.51	10
$482.50	Jul 10	12.20	19.00	$15.60	43.6%	169	0.39	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$460.00	Jul 2	5.20	11.40	$8.30	74.7%	217	0.47	292
$440.00	Jul 2	1.40	2.90	$2.15	69.8%	213	0.17	144
$480.00	Jul 2	18.00	25.00	$21.50	32.6%	153	0.81	28
$390.00	Jul 2	0.00	2.60	$1.30	200.0%	119	0.06	607
$405.00	Jul 2	0.15	2.80	$1.48	179.1%	71	0.07	171

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 86 strikes (avg 57.6%, max 149.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$390.00	Jul 2	Jul 17	219.2%	87.8%	149.6%	--	75
$370.00	Jul 2	Aug 7	205.3%	83.0%	147.5%	4	9
$505.00	Jul 2	Jul 24	173.3%	81.4%	112.8%	40	97
$545.00	Jul 2	Aug 7	172.0%	83.7%	105.5%	23	30
$385.00	Jul 2	Jul 24	170.1%	87.2%	95.1%	--	37

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$370.00	Jul 2	Aug 7	205.3%	83.0%	147.5%	3	73
$390.00	Jul 2	Jul 31	219.2%	88.9%	146.6%	120	627
$395.00	Jul 2	Jul 31	199.4%	84.8%	135.1%	23	61
$505.00	Jul 2	Jul 17	173.3%	79.5%	117.9%	7	30
$405.00	Jul 2	Aug 7	184.9%	85.3%	116.9%	72	171

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 203 found (best R:R 32.33, avg 3.43)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$520.00	$525.00	Jul 10	$0.15	$4.85	$0.15	32.33	$520.15
$530.00	$540.00	Jul 17	$0.35	$9.65	$0.35	27.57	$530.35
$545.00	$550.00	Jul 2	$0.20	$4.80	$0.20	24.00	$545.20
$530.00	$535.00	Jul 31	$0.25	$4.75	$0.25	19.00	$530.25
$512.50	$515.00	Jul 2	$0.13	$2.37	$0.13	18.23	$512.63

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$437.50	$430.00	Jul 17	$0.35	$7.15	$0.35	20.43	$437.15
$382.50	$380.00	Jul 2	$0.17	$2.33	$0.17	13.71	$382.33
$412.50	$410.00	Jul 2	$0.18	$2.32	$0.18	12.89	$412.32
$405.00	$402.50	Jul 2	$0.21	$2.29	$0.21	10.90	$404.79
$387.50	$385.00	Jul 2	$0.22	$2.28	$0.22	10.36	$387.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 282 found (best R:R 49.00, avg 2.30)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$402.50	$410.00	Jul 2	$7.35	$7.35	$0.15	49.00	$409.85
$387.50	$390.00	Jul 2	$2.35	$2.35	$0.15	15.67	$389.85
$410.00	$415.00	Jul 2	$4.70	$4.70	$0.30	15.67	$414.70
$415.00	$425.00	Jul 2	$9.40	$9.40	$0.60	15.67	$424.40
$450.00	$452.50	Jul 17	$2.35	$2.35	$0.15	15.67	$452.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$515.00	$510.00	Jul 2	$4.90	$4.90	$0.10	49.00	$510.10
$502.50	$500.00	Jul 2	$2.35	$2.35	$0.15	15.67	$500.15
$435.00	$432.50	Jul 10	$2.35	$2.35	$0.15	15.67	$432.65
$447.50	$445.00	Jul 2	$2.27	$2.27	$0.23	9.87	$445.23
$550.00	$540.00	Jul 10	$9.05	$9.05	$0.95	9.53	$540.95

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 90 found (avg debit $9.61, cheapest $1.82)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$550.00	Jul 2	Jul 10	$1.82	164.2%	78.8%
$545.00	Jul 2	Jul 10	$2.18	172.0%	80.3%
$540.00	Jul 2	Jul 10	$3.22	162.6%	84.4%
$385.00	Jul 2	Jul 10	$3.45	170.1%	98.1%
$535.00	Jul 2	Jul 10	$4.28	142.1%	86.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$370.00	Jul 2	Jul 10	$2.05	205.3%	99.4%
$550.00	Jul 2	Jul 10	$2.05	164.2%	78.8%
$375.00	Jul 2	Jul 10	$2.10	158.9%	93.1%
$380.00	Jul 2	Jul 10	$2.75	156.7%	94.8%
$395.00	Jul 2	Jul 10	$2.82	199.4%	88.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 126 found (cheapest 3.67% of stock, avg 13.69%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$470.00	Jul 2	$4.10	$12.85	$16.95	$453.05	$486.95	3.67%
$465.00	Jul 2	$7.05	$10.65	$17.70	$447.30	$482.70	3.83%
$462.50	Jul 2	$8.50	$9.60	$18.10	$444.40	$480.60	3.91%
$467.50	Jul 2	$6.38	$12.00	$18.38	$449.12	$485.88	3.97%
$460.00	Jul 2	$10.30	$8.30	$18.60	$441.40	$478.60	4.02%
$452.50	Jul 2	$14.30	$4.47	$18.77	$433.73	$471.27	4.06%
$475.00	Jul 2	$2.48	$16.45	$18.93	$456.07	$493.93	4.09%
$455.00	Jul 2	$12.35	$6.70	$19.05	$435.95	$474.05	4.12%
$450.00	Jul 2	$15.50	$4.10	$19.60	$430.40	$469.60	4.24%
$472.50	Jul 2	$5.35	$16.00	$21.35	$451.15	$493.85	4.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 1.77% of stock, avg 10.60%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$470.00	$450.00	Jul 2	$4.10	$4.10	$8.20	$441.80	$478.20
$470.00	$452.50	Jul 2	$4.10	$4.47	$8.57	$443.93	$478.57
$472.50	$450.00	Jul 2	$5.35	$4.10	$9.45	$440.55	$481.95
$472.50	$452.50	Jul 2	$5.35	$4.47	$9.82	$442.68	$482.32
$467.50	$450.00	Jul 2	$6.38	$4.10	$10.48	$439.52	$477.98
$470.00	$455.00	Jul 2	$4.10	$6.70	$10.80	$444.20	$480.80
$467.50	$452.50	Jul 2	$6.38	$4.47	$10.85	$441.65	$478.35
$465.00	$450.00	Jul 2	$7.05	$4.10	$11.15	$438.85	$476.15
$465.00	$452.50	Jul 2	$7.05	$4.47	$11.52	$440.98	$476.52
$470.00	$457.50	Jul 2	$4.10	$7.45	$11.55	$445.95	$481.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 344 found (best R:R 124.00, avg credit $6.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
370/372	385/400	Jul 10	$14.88	$0.12	124.00	$357.62	$399.88
370/375	410/415	Jul 17	$4.87	$0.13	37.46	$370.13	$414.87
375/378	380/385	Jul 2	$4.83	$0.17	28.41	$372.67	$384.83
375/380	385/400	Jul 10	$14.48	$0.52	27.85	$365.52	$399.48
380/382	385/400	Jul 10	$14.44	$0.56	25.79	$368.06	$399.44
395/400	445/450	Jul 31	$4.80	$0.20	24.00	$395.20	$449.80
375/378	395/398	Jul 2	$2.38	$0.12	19.83	$375.12	$397.38
385/388	395/398	Jul 2	$2.37	$0.13	18.23	$385.13	$397.37
380/385	410/415	Jul 17	$4.70	$0.30	15.67	$380.30	$414.70
390/395	460/465	Jul 24	$4.70	$0.30	15.67	$390.30	$464.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 108 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$410.00	$420.00	$430.00	Jul 10	$0.20	$9.80	49.00
$425.00	$430.00	$435.00	Jul 17	$0.10	$4.90	49.00
$512.50	$515.00	$517.50	Jul 2	$0.08	$2.42	30.25
$540.00	$542.50	$545.00	Jul 2	$0.12	$2.38	19.83
$497.50	$500.00	$502.50	Jul 2	$0.13	$2.37	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$510.00	$515.00	$520.00	Jul 2	$0.05	$4.95	99.00
$385.00	$390.00	$395.00	Jul 17	$0.05	$4.95	99.00
$540.00	$545.00	$550.00	Jul 2	$0.10	$4.90	49.00
$480.00	$485.00	$490.00	Jul 31	$0.15	$4.85	32.33
$455.00	$457.50	$460.00	Jul 2	$0.10	$2.40	24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-7.10, 68 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$480.00	$540.00	1:2	Aug 7	-$7.10	$52.90
$370.00	$420.00	1:2	Aug 7	-$35.80	$14.20
$525.00	$540.00	1:2	Jul 24	-$8.55	$6.45
$540.00	$550.00	1:2	Jul 17	-$4.10	$5.90
$545.00	$550.00	1:2	Jul 2	-$0.05	$4.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$400.00	$380.00	1:2	Aug 7	-$10.55	$9.45
$395.00	$390.00	1:2	Jul 2	-$1.47	$3.53
$380.00	$375.00	1:2	Jul 10	-$1.47	$3.53
$387.50	$385.00	1:2	Jul 2	-$0.01	$2.49
$447.50	$445.00	1:2	Jul 2	-$0.01	$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 89 found (best yield 9.62%, avg 3.09%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$465.00	Aug 7	$44.50	0.54	0.6%	9.62%	10.18%	12	--
$470.00	Aug 7	$42.90	0.53	1.6%	9.28%	10.91%	3	--
$475.00	Aug 7	$40.80	0.51	2.7%	8.82%	11.54%	--	10
$465.00	Jul 31	$39.00	0.54	0.6%	8.43%	8.99%	1	3
$480.00	Aug 7	$37.10	0.49	3.8%	8.02%	11.82%	--	16
$470.00	Jul 31	$37.00	0.52	1.6%	8.00%	9.64%	--	11
$475.00	Jul 31	$34.00	0.50	2.7%	7.35%	10.07%	6	9
$465.00	Jul 24	$32.00	0.53	0.6%	6.92%	7.47%	--	13
$480.00	Jul 31	$32.00	0.49	3.8%	6.92%	10.72%	--	13
$470.00	Jul 24	$31.10	0.51	1.6%	6.73%	8.36%	--	81

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 5,390

Total Puts 2,678

Put/Call Ratio 0.50

Net Difference 2,712

Prior's Put/Call Breakdown

Total Calls 5,068

Total Puts 8,012

Put/Call Ratio 1.58

Net Difference -2,944

Prior 7-Day Put/Call Summary

Total Calls 48,448

Total Puts 35,806

Average Put/Call Ratio 0.79

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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