CIEN - Options Database

CIEN

CIENA CORP

$422.46 -8.65%

$423.20 (+0.18%)🌙

as of 07/02 06:01 PM

(7/2 15:05) ◀

Thursday, July 2, 2026 (6:01pm)

▶ (7/6 15:05)

◀ 7/2 18:01 ▶

Option Volume

Detail

ℹ

Current (07/02) 18,190

Calls: 9,723 (53%)

Puts: 8,467 (47%)

Prior (07/01) 8,068

Calls: 5,390 (67%)

Puts: 2,678 (33%)

Current vs Prior +125.46%

Calls: +80.39% (Calls)

Puts: +216.17% (Puts)

Prior 7-Day Total 77,909

Calls: 43,424 (56%)

Puts: 34,485 (44%)

Prior 7-Day Average 11,129

Calls: 6,203 (56%)

Puts: 4,926 (44%)

Current vs Prior 7-Day Avg +63.43%

Calls: +56.74%

Puts: +71.87%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/02) $30.92M

Calls: $13.24M (43%)

Puts: $17.68M (57%)

Prior (07/01) $25.80M

Calls: $21.62M (84%)

Puts: $4.18M (16%)

Current vs Prior +19.85%

Calls: -38.78%

Puts: +323.39%

Prior 7-Day Total $180.17M

Calls: $137.59M (76%)

Puts: $42.58M (24%)

Prior 7-Day Average $25.74M

Calls: $19.66M (76%)

Puts: $6.08M (24%)

Current vs Prior 7-Day Avg +20.13%

Calls: -32.65%

Puts: +190.72%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/02) 0.87

Prior (07/01) 0.50

Current vs Prior +75.27%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +8.03%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/02) 99,522

Calls: 49,189 (49%)

Puts: 50,333 (51%)

Prior (07/01) 100,545

Calls: 46,924 (47%)

Puts: 53,621 (53%)

Current vs Prior -1.02%

Prior 7-Day Total 605,220

Calls: 308,921 (50%)

Puts: 305,406 (50%)

Prior 7-Day Average 86,460

Calls: 44,131 (50%)

Puts: 43,629 (50%)

Current vs Prior 7-Day Avg +15.11%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)

Current 2.55% | 10.36%14.55% | 26.78%

Prior 4.30% | 10.48%14.49% | 25.69%

Current vs Prior +140.65% | +38.84%+0.39% | +4.26%

Prior 7-Day Avg 6.58% | 11.56%15.93% | 26.78%

Current vs 7-Day Avg +57.28% | +25.79%-8.68% | +0.01%

Prior 7-Day Eod 4.30% | 10.48%-- | --

Current vs 7-Day Eod +140.65% | +38.84%-- | --

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 191.08% | 17.75%

Calls: 163.41% | 24.45%

Puts: 218.75% | 11.06%

Prior 32.12% | 18.43%

Calls: 24.24% | 19.25%

Puts: 40.00% | 17.60%

Current vs Prior +494.89% | -3.69%

Prior 7-Day Avg 61.91% | 21.98%

Calls: 37.37% | 22.23%

Puts: 43.39% | 23.13%

Current vs 7-Day Avg +208.65% | -19.24%

Liquidity Expensive

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🤖 AI Insights

Unusually high activity with volume up 125% vs prior - elevated interest. P/C ratio rising 75% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

📈 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 10 of results (avg 9.3%, best 8.3%)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Jul 17	83.00	91.00	$87.00	9.2%	--	0.91	19
$345.00	Jul 24	82.00	90.20	$86.10	9.5%	--	0.84	10
$350.00	Jul 24	78.00	86.10	$82.05	9.9%	--	0.82	24

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$500.00	Jul 17	81.00	88.00	$84.50	8.3%	12	0.82	228
$502.50	Jul 2	77.00	84.00	$80.50	8.7%	--	0.90	13
$505.00	Jul 17	85.00	93.00	$89.00	9.0%	1	0.83	1
$497.50	Jul 2	72.00	79.00	$75.50	9.3%	1	0.90	7
$505.00	Jul 2	79.10	87.00	$83.05	9.5%	--	0.90	26

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. 161 found (avg delta 0.72, highest 0.99)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Jul 2	38.00	46.00	$42.00	19.0%	6	0.93	12
$340.00	Jul 17	83.00	91.00	$87.00	9.2%	--	0.91	19
$410.00	Jul 2	8.00	16.00	$12.00	66.7%	--	0.91	12
$360.00	Jul 2	58.00	66.00	$62.00	12.9%	--	0.90	14
$365.00	Jul 2	53.00	61.00	$57.00	14.0%	--	0.90	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$485.00	Jul 2	59.00	67.00	$63.00	12.7%	2	0.99	10
$470.00	Jul 2	44.30	52.00	$48.15	16.0%	12	0.99	46
$445.00	Jul 2	19.30	27.00	$23.15	33.3%	38	0.99	48
$447.50	Jul 2	22.00	29.00	$25.50	27.5%	9	0.94	7
$492.50	Jul 2	67.00	74.00	$70.50	9.9%	--	0.93	14

Most actively traded options today. High liquidity = easy entry/exit. 335 active (total vol 12.1K, top 859)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$467.50	Jul 10	2.00	10.80	$6.40	137.5%	661	0.22	7
$495.00	Jul 2	0.00	4.80	$2.40	200.0%	640	0.10	696
$450.00	Jul 10	6.00	15.00	$10.50	85.7%	293	0.33	40
$487.50	Jul 2	0.00	4.80	$2.40	200.0%	200	0.11	213
$490.00	Jul 2	0.00	2.65	$1.33	199.2%	154	0.07	90

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$432.50	Jul 2	7.00	14.80	$10.90	71.6%	859	0.74	636
$430.00	Jul 2	4.90	12.00	$8.45	84.0%	729	0.75	487
$420.00	Jul 2	0.00	4.80	$2.40	200.0%	682	0.41	492
$412.50	Jul 10	15.10	18.20	$16.65	18.6%	639	0.40	--
$440.00	Jul 2	15.30	21.60	$18.45	34.1%	327	0.79	306

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 104 strikes (avg 994.0%, max 2258.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$505.00	Jul 2	Jul 24	1745.0%	85.0%	1952.9%	10	83
$502.50	Jul 2	Jul 10	1710.0%	87.0%	1865.5%	9	54
$500.00	Jul 2	Aug 7	1674.0%	88.0%	1802.3%	138	327
$495.00	Jul 2	Jul 31	1602.0%	85.0%	1784.7%	641	696
$360.00	Jul 2	Jul 24	1660.0%	95.0%	1647.4%	1	49

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$340.00	Jul 2	Aug 7	2099.0%	89.0%	2258.4%	--	129
$345.00	Jul 2	Aug 7	1988.0%	89.0%	2133.7%	38	92
$355.00	Jul 2	Aug 7	1769.0%	84.0%	2006.0%	3	37
$505.00	Jul 2	Jul 17	1745.0%	86.0%	1929.1%	1	27
$500.00	Jul 2	Jul 17	1674.0%	84.0%	1892.9%	28	255

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 198 found (best R:R 32.33, avg 2.45)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$500.00	$505.00	Jul 17	$0.15	$4.85	$0.15	32.33	$500.15
$485.00	$490.00	Jul 17	$0.30	$4.70	$0.30	15.67	$485.30
$490.00	$495.00	Jul 31	$0.40	$4.60	$0.40	11.50	$490.40
$485.00	$495.00	Jul 24	$1.30	$8.70	$1.30	6.69	$486.30
$480.00	$482.50	Jul 10	$0.35	$2.15	$0.35	6.14	$480.35

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$375.00	$372.50	Jul 10	$0.15	$2.35	$0.15	15.67	$374.85
$347.50	$345.00	Jul 10	$0.23	$2.27	$0.23	9.87	$347.27
$370.00	$365.00	Jul 31	$0.50	$4.50	$0.50	9.00	$369.50
$412.50	$410.00	Jul 2	$0.27	$2.23	$0.27	8.26	$412.23
$380.00	$375.00	Jul 24	$0.55	$4.45	$0.55	8.09	$379.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 289 found (best R:R 49.00, avg 2.61)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$370.00	$375.00	Jul 2	$4.90	$4.90	$0.10	49.00	$374.90
$442.50	$445.00	Jul 2	$2.37	$2.37	$0.13	18.23	$444.87
$467.50	$470.00	Jul 2	$2.37	$2.37	$0.13	18.23	$469.87
$482.50	$485.00	Jul 2	$2.37	$2.37	$0.13	18.23	$484.87
$355.00	$360.00	Jul 10	$4.55	$4.55	$0.45	10.11	$359.55

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$430.00	$427.50	Jul 2	$2.40	$2.40	$0.10	24.00	$427.60
$480.00	$477.50	Jul 2	$2.40	$2.40	$0.10	24.00	$477.60
$500.00	$495.00	Jul 17	$4.80	$4.80	$0.20	24.00	$495.20
$352.50	$350.00	Jul 2	$2.37	$2.37	$0.13	18.23	$350.13
$447.50	$445.00	Jul 2	$2.35	$2.35	$0.15	15.67	$445.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 102 found (avg debit $9.07, cheapest $0.23)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$505.00	Jul 2	Jul 10	$0.23	1745.0%	91.0%
$500.00	Jul 2	Jul 10	$0.58	1674.0%	90.0%
$495.00	Jul 2	Jul 10	$0.85	1602.0%	89.0%
$497.50	Jul 2	Jul 10	$1.40	1638.0%	95.0%
$490.00	Jul 2	Jul 10	$2.50	1321.0%	89.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$345.00	Jul 2	Jul 10	$0.55	1988.0%	107.0%
$352.50	Jul 2	Jul 10	$0.93	1824.0%	102.0%
$505.00	Jul 2	Jul 10	$1.45	1745.0%	91.0%
$500.00	Jul 2	Jul 10	$1.85	1674.0%	90.0%
$495.00	Jul 2	Jul 10	$2.45	1602.0%	89.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 145 found (cheapest 1.57% of stock, avg 14.16%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$417.50	Jul 2	$5.50	$1.15	$6.65	$410.85	$424.15	1.57%
$420.00	Jul 2	$5.50	$2.40	$7.90	$412.10	$427.90	1.87%
$425.00	Jul 2	$2.40	$5.68	$8.08	$416.92	$433.08	1.91%
$427.50	Jul 2	$2.40	$6.05	$8.45	$419.05	$435.95	2.00%
$415.00	Jul 2	$7.05	$2.40	$9.45	$405.55	$424.45	2.24%
$422.50	Jul 2	$4.58	$5.28	$9.86	$412.64	$432.36	2.33%
$430.00	Jul 2	$1.65	$8.45	$10.10	$419.90	$440.10	2.39%
$410.00	Jul 2	$12.00	$0.68	$12.68	$397.32	$422.68	3.00%
$432.50	Jul 2	$2.40	$10.90	$13.30	$419.20	$445.80	3.15%
$435.00	Jul 2	$2.40	$13.30	$15.70	$419.30	$450.70	3.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.66% of stock, avg 12.44%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$430.00	$417.50	Jul 2	$1.65	$1.15	$2.80	$414.70	$432.80
$425.00	$417.50	Jul 2	$2.40	$1.15	$3.55	$413.95	$428.55
$427.50	$417.50	Jul 2	$2.40	$1.15	$3.55	$413.95	$431.05
$432.50	$417.50	Jul 2	$2.40	$1.15	$3.55	$413.95	$436.05
$430.00	$407.50	Jul 2	$1.65	$2.25	$3.90	$403.60	$433.90
$430.00	$420.00	Jul 2	$1.65	$2.40	$4.05	$415.95	$434.05
$430.00	$415.00	Jul 2	$1.65	$2.40	$4.05	$410.95	$434.05
$430.00	$405.00	Jul 2	$1.65	$2.40	$4.05	$400.95	$434.05
$425.00	$407.50	Jul 2	$2.40	$2.25	$4.65	$402.85	$429.65
$427.50	$407.50	Jul 2	$2.40	$2.25	$4.65	$402.85	$432.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 327 found (best R:R 114.38, avg credit $5.92)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
348/350	365/380	Jul 10	$14.87	$0.13	114.38	$335.13	$379.87
358/360	365/380	Jul 10	$14.70	$0.30	49.00	$345.30	$379.70
370/380	455/465	Aug 7	$9.75	$0.25	39.00	$370.25	$464.75
380/382	400/405	Jul 10	$4.85	$0.15	32.33	$377.65	$404.85
355/360	430/435	Aug 7	$4.85	$0.15	32.33	$355.15	$434.85
340/345	365/380	Jul 10	$14.40	$0.60	24.00	$330.60	$379.40
340/345	400/405	Jul 10	$4.80	$0.20	24.00	$340.20	$404.80
352/355	365/380	Jul 10	$14.40	$0.60	24.00	$340.60	$379.40
352/355	400/405	Jul 10	$4.80	$0.20	24.00	$350.20	$404.80
360/365	385/390	Jul 17	$4.80	$0.20	24.00	$360.20	$389.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$405.00	$410.00	$415.00	Jul 2	$0.05	$4.95	99.00
$365.00	$370.00	$375.00	Jul 2	$0.10	$4.90	49.00
$375.00	$380.00	$385.00	Jul 2	$0.15	$4.85	32.33
$390.00	$400.00	$410.00	Jul 17	$0.35	$9.65	27.57
$460.00	$462.50	$465.00	Jul 10	$0.10	$2.40	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$425.00	$430.00	$435.00	Jul 24	$0.05	$4.95	99.00
$355.00	$360.00	$365.00	Jul 31	$0.05	$4.95	99.00
$390.00	$395.00	$400.00	Jul 31	$0.05	$4.95	99.00
$427.50	$430.00	$432.50	Jul 2	$0.05	$2.45	49.00
$495.00	$500.00	$505.00	Jul 10	$0.10	$4.90	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 66 found (best net $-13.10, 56 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$395.00	$450.00	1:2	Aug 14	-$13.10	$41.90
$480.00	$500.00	1:2	Aug 7	-$16.05	$3.95
$410.00	$415.00	1:2	Jul 2	-$2.10	$2.90
$435.00	$440.00	1:2	Jul 2	-$2.40	$2.60
$422.50	$425.00	1:2	Jul 2	-$0.22	$2.28

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$360.00	$350.00	1:2	Jul 17	-$4.05	$5.95
$350.00	$340.00	1:2	Jul 24	-$4.70	$5.30
$360.00	$355.00	1:2	Jul 2	-$2.40	$2.60
$350.00	$347.50	1:2	Jul 2	-$0.33	$2.17
$412.50	$410.00	1:2	Jul 2	-$0.41	$2.09

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 87 found (best yield 9.11%, avg 3.46%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$430.00	Aug 7	$38.50	0.53	1.8%	9.11%	10.90%	20	--
$435.00	Aug 7	$36.80	0.51	3.0%	8.71%	11.68%	20	--
$430.00	Jul 31	$34.80	0.52	1.8%	8.24%	10.02%	10	4
$450.00	Aug 14	$34.80	0.47	6.5%	8.24%	14.76%	1	--
$425.00	Jul 24	$32.10	0.53	0.6%	7.60%	8.20%	3	4
$435.00	Jul 31	$32.00	0.50	3.0%	7.57%	10.54%	8	5
$460.00	Aug 14	$31.00	0.44	8.9%	7.34%	16.22%	2	--
$440.00	Jul 31	$30.00	0.48	4.2%	7.10%	11.25%	--	10
$430.00	Jul 24	$29.80	0.51	1.8%	7.05%	8.84%	1	26
$455.00	Aug 7	$29.00	0.44	7.7%	6.86%	14.57%	1	1

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 9,723

Total Puts 8,467

Put/Call Ratio 0.87

Net Difference 1,256

Prior's Put/Call Breakdown

Total Calls 5,390

Total Puts 2,678

Put/Call Ratio 0.50

Net Difference 2,712

Prior 7-Day Put/Call Summary

Total Calls 43,424

Total Puts 34,485

Average Put/Call Ratio 0.81

Ratio Trend Rising

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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