CIEN - Options Database

CIEN

CIENA CORP

$433.83 +2.69%

$434.30 (+0.11%)🌙

as of 07/06 06:00 PM

(7/6 15:05) ◀

Monday, July 6, 2026 (6:00pm)

▶ (7/7 15:05)

◀ 7/6 18:00 ▶

Option Volume

Detail

ℹ

Current (07/06) 9,129

Calls: 4,890 (54%)

Puts: 4,239 (46%)

Prior (07/02) 18,190

Calls: 9,723 (53%)

Puts: 8,467 (47%)

Current vs Prior -49.81%

Calls: -49.71% (Calls)

Puts: -49.94% (Puts)

Prior 7-Day Total 78,208

Calls: 42,438 (54%)

Puts: 35,770 (46%)

Prior 7-Day Average 13,034

Calls: 6,062 (54%)

Puts: 5,110 (46%)

Current vs Prior 7-Day Avg -29.96%

Calls: -19.34%

Puts: -17.05%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/06) $20.19M

Calls: $10.78M (53%)

Puts: $9.41M (47%)

Prior (07/02) $30.92M

Calls: $13.24M (43%)

Puts: $17.68M (57%)

Current vs Prior -34.71%

Calls: -18.54%

Puts: -46.81%

Prior 7-Day Total $166.68M

Calls: $120.69M (72%)

Puts: $45.99M (28%)

Prior 7-Day Average $27.78M

Calls: $17.24M (72%)

Puts: $6.57M (28%)

Current vs Prior 7-Day Avg -27.33%

Calls: -37.46%

Puts: +43.15%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/06) 0.87

Prior (07/02) 0.87

Current vs Prior -0.45%

Prior 7-Day Average 0.86

Current vs Prior 7-Day Avg +0.63%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/06) 90,597

Calls: 44,432 (49%)

Puts: 46,165 (51%)

Prior (07/02) 99,522

Calls: 49,189 (49%)

Puts: 50,333 (51%)

Current vs Prior -8.97%

Prior 7-Day Total 521,133

Calls: 259,660 (50%)

Puts: 261,473 (50%)

Prior 7-Day Average 86,855

Calls: 43,276 (50%)

Puts: 43,578 (50%)

Current vs Prior 7-Day Avg +4.31%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 8.60% | 12.47%12.47% | 25.87%

Prior 10.36% | 14.55%14.55% | 26.78%

Current vs Prior -16.98% | -14.27%-14.27% | -3.40%

Prior 7-Day Avg 6.75% | 11.91%15.44% | 26.60%

Current vs 7-Day Avg +27.46% | +4.74%-19.23% | -2.74%

Prior 7-Day Eod 10.36% | 14.55%-- | --

Current vs 7-Day Eod -16.98% | -14.27%-- | --

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.39% | 16.11%

Calls: 16.71% | 21.45%

Puts: 12.07% | 10.78%

Prior 191.08% | 17.75%

Calls: 163.41% | 24.45%

Puts: 218.75% | 11.06%

Current vs Prior -92.47% | -9.24%

Prior 7-Day Avg 64.70% | 21.04%

Calls: 57.41% | 22.05%

Puts: 71.99% | 20.04%

Current vs 7-Day Avg -77.76% | -23.44%

Liquidity Expensive

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Below-average activity with volume down 50% vs prior.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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💰 Best Value Under $1

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🔥 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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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 33 of results (avg 8.8%, best 7.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Aug 14	93.00	101.00	$97.00	8.2%	2	0.79	--
$350.00	Jul 17	83.00	90.30	$86.65	8.4%	--	0.92	54
$352.50	Jul 10	78.00	85.00	$81.50	8.6%	--	1.00	10
$350.00	Jul 24	86.20	94.00	$90.10	8.7%	1	0.86	24
$360.00	Jul 24	78.00	85.20	$81.60	8.8%	--	0.84	35

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$505.00	Aug 14	91.00	97.70	$94.35	7.1%	1	0.65	--
$520.00	Jul 31	95.70	103.00	$99.35	7.3%	4	0.75	3
$475.00	Jul 17	50.50	54.40	$52.45	7.4%	3	0.70	25
$480.00	Jul 31	65.10	70.20	$67.65	7.5%	--	0.63	21
$520.00	Jul 10	84.00	91.00	$87.50	8.0%	--	0.95	12

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. 114 found (avg delta 0.70, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$352.50	Jul 10	78.00	85.00	$81.50	8.6%	--	1.00	10
$355.00	Jul 10	75.00	83.00	$79.00	10.1%	--	0.97	10
$360.00	Jul 10	70.00	78.00	$74.00	10.8%	1	0.95	17
$365.00	Jul 10	66.00	73.00	$69.50	10.1%	--	0.94	10
$350.00	Jul 17	83.00	90.30	$86.65	8.4%	--	0.92	54

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$515.00	Jul 10	79.00	86.00	$82.50	8.5%	1	0.95	2
$520.00	Jul 10	84.00	91.00	$87.50	8.0%	--	0.95	12
$510.00	Jul 10	74.00	81.90	$77.95	10.1%	3	0.95	5
$505.00	Jul 10	69.00	77.00	$73.00	11.0%	--	0.93	27
$495.00	Jul 10	60.00	67.00	$63.50	11.0%	--	0.93	10

Most actively traded options today. High liquidity = easy entry/exit. 244 active (total vol 6.5K, top 400)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$465.00	Jul 10	4.40	7.60	$6.00	53.3%	397	0.24	17
$455.00	Jul 10	4.00	10.20	$7.10	87.3%	376	0.30	67
$415.00	Jul 24	41.00	45.50	$43.25	10.4%	359	0.63	3
$467.50	Jul 10	4.90	6.40	$5.65	26.5%	343	0.23	636
$450.00	Jul 10	9.00	11.80	$10.40	26.9%	266	0.36	302

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 10	4.70	6.50	$5.60	32.1%	400	0.21	203
$412.50	Jul 10	7.90	10.10	$9.00	24.4%	316	0.31	638
$405.00	Jul 10	5.80	10.90	$8.35	61.1%	302	0.27	37
$390.00	Jul 10	3.20	4.50	$3.85	33.8%	212	0.15	284
$435.00	Jul 10	17.10	22.80	$19.95	28.6%	200	0.51	170

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 70 strikes (avg 13.7%, max 47.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$355.00	Jul 10	Aug 14	120.0%	90.0%	33.3%	2	10
$360.00	Jul 10	Jul 31	120.5%	93.1%	29.4%	2	22
$437.50	Jul 10	Jul 17	103.9%	85.0%	22.2%	6	10
$490.00	Jul 10	Jul 31	102.1%	84.1%	21.4%	59	70
$415.00	Jul 10	Jul 24	105.9%	87.5%	21.1%	366	21

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$350.00	Jul 10	Aug 14	132.7%	89.8%	47.8%	38	110
$365.00	Jul 10	Aug 7	117.7%	88.6%	32.8%	24	55
$355.00	Jul 10	Aug 7	120.0%	93.5%	28.3%	33	55
$360.00	Jul 10	Aug 7	120.5%	94.6%	27.3%	24	58
$405.00	Jul 10	Aug 14	107.8%	87.1%	23.8%	322	37

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 182 found (best R:R 32.33, avg 2.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$480.00	$485.00	Jul 24	$0.15	$4.85	$0.15	32.33	$480.15
$505.00	$510.00	Jul 17	$0.40	$4.60	$0.40	11.50	$505.40
$515.00	$520.00	Jul 17	$0.47	$4.53	$0.47	9.64	$515.47
$490.00	$500.00	Jul 31	$0.95	$9.05	$0.95	9.53	$490.95
$482.50	$485.00	Jul 10	$0.25	$2.25	$0.25	9.00	$482.75

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$420.00	$417.50	Jul 24	$0.15	$2.35	$0.15	15.67	$419.85
$390.00	$385.00	Jul 31	$0.30	$4.70	$0.30	15.67	$389.70
$360.00	$355.00	Jul 24	$0.42	$4.58	$0.42	10.90	$359.58
$355.00	$350.00	Jul 31	$0.50	$4.50	$0.50	9.00	$354.50
$392.50	$390.00	Jul 10	$0.30	$2.20	$0.30	7.33	$392.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 258 found (best R:R 24.00, avg 2.05)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$442.50	$445.00	Jul 17	$2.40	$2.40	$0.10	24.00	$444.90
$365.00	$380.00	Jul 10	$14.00	$14.00	$1.00	14.00	$379.00
$350.00	$360.00	Jul 17	$9.15	$9.15	$0.85	10.76	$359.15
$360.00	$365.00	Jul 10	$4.50	$4.50	$0.50	9.00	$364.50
$380.00	$385.00	Jul 17	$4.50	$4.50	$0.50	9.00	$384.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$505.00	$500.00	Jul 10	$4.80	$4.80	$0.20	24.00	$500.20
$412.50	$410.00	Jul 10	$2.35	$2.35	$0.15	15.67	$410.15
$500.00	$495.00	Jul 10	$4.70	$4.70	$0.30	15.67	$495.30
$490.00	$482.50	Jul 10	$7.00	$7.00	$0.50	14.00	$483.00
$480.00	$475.00	Jul 17	$4.60	$4.60	$0.40	11.50	$475.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 75 found (avg debit $7.60, cheapest $0.88)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$520.00	Jul 10	Jul 17	$3.30	102.0%	88.6%
$350.00	Jul 17	Jul 24	$3.45	89.7%	94.0%
$360.00	Jul 10	Jul 17	$3.50	120.5%	97.2%
$515.00	Jul 10	Jul 17	$3.87	95.3%	88.2%
$505.00	Jul 10	Jul 17	$4.68	98.7%	89.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$350.00	Jul 10	Jul 17	$0.88	132.7%	89.7%
$360.00	Jul 10	Jul 17	$2.97	120.5%	97.2%
$520.00	Jul 10	Jul 17	$3.00	102.0%	88.6%
$365.00	Jul 10	Jul 17	$3.40	117.7%	96.4%
$510.00	Jul 10	Jul 17	$3.55	94.6%	90.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 103 found (cheapest 8.01% of stock, avg 15.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$445.00	Jul 10	$11.50	$23.25	$34.75	$410.25	$479.75	8.01%
$420.00	Jul 10	$25.05	$10.50	$35.55	$384.45	$455.55	8.19%
$430.00	Jul 10	$20.90	$15.20	$36.10	$393.90	$466.10	8.32%
$440.00	Jul 10	$14.00	$22.10	$36.10	$403.90	$476.10	8.32%
$435.00	Jul 10	$16.45	$19.95	$36.40	$398.60	$471.40	8.39%
$425.00	Jul 10	$23.00	$13.50	$36.50	$388.50	$461.50	8.41%
$417.50	Jul 10	$27.05	$9.60	$36.65	$380.85	$454.15	8.45%
$450.00	Jul 10	$10.40	$26.45	$36.85	$413.15	$486.85	8.49%
$455.00	Jul 10	$7.10	$30.35	$37.45	$417.55	$492.45	8.63%
$410.00	Jul 10	$32.00	$6.65	$38.65	$371.35	$448.65	8.91%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 144 found (cheapest 4.86% of stock, avg 12.22%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$445.00	$417.50	Jul 10	$11.50	$9.60	$21.10	$396.40	$466.10
$445.00	$420.00	Jul 10	$11.50	$10.50	$22.00	$398.00	$467.00
$442.50	$417.50	Jul 10	$13.45	$9.60	$23.05	$394.45	$465.55
$440.00	$417.50	Jul 10	$14.00	$9.60	$23.60	$393.90	$463.60
$442.50	$420.00	Jul 10	$13.45	$10.50	$23.95	$396.05	$466.45
$440.00	$420.00	Jul 10	$14.00	$10.50	$24.50	$395.50	$464.50
$445.00	$425.00	Jul 10	$11.50	$13.50	$25.00	$400.00	$470.00
$437.50	$417.50	Jul 10	$15.80	$9.60	$25.40	$392.10	$462.90
$435.00	$417.50	Jul 10	$16.45	$9.60	$26.05	$391.45	$461.05
$437.50	$420.00	Jul 10	$15.80	$10.50	$26.30	$393.70	$463.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 289 found (best R:R 49.00, avg credit $6.82)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
365/370	400/405	Jul 24	$4.90	$0.10	49.00	$365.10	$404.90
395/400	418/422	Jul 24	$4.90	$0.10	49.00	$395.10	$422.40
385/388	400/405	Jul 10	$4.88	$0.12	40.67	$382.62	$404.88
385/390	405/410	Jul 24	$4.85	$0.15	32.33	$385.15	$409.85
355/360	435/440	Jul 31	$4.85	$0.15	32.33	$355.15	$439.85
355/360	440/445	Jul 31	$4.85	$0.15	32.33	$355.15	$444.85
352/355	365/380	Jul 10	$14.49	$0.51	28.41	$340.51	$379.49
348/350	365/380	Jul 10	$14.45	$0.55	26.27	$335.55	$379.45
395/400	415/420	Jul 17	$4.80	$0.20	24.00	$395.20	$419.80
400/405	415/420	Jul 17	$4.80	$0.20	24.00	$400.20	$419.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$465.00	$470.00	$475.00	Jul 24	$0.05	$4.95	99.00
$435.00	$450.00	$465.00	Aug 7	$0.15	$14.85	99.00
$430.00	$435.00	$440.00	Jul 31	$0.10	$4.90	49.00
$475.00	$480.00	$485.00	Jul 31	$0.10	$4.90	49.00
$370.00	$375.00	$380.00	Jul 17	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$495.00	$500.00	$505.00	Jul 10	$0.10	$4.90	49.00
$405.00	$410.00	$415.00	Jul 24	$0.10	$4.90	49.00
$500.00	$505.00	$510.00	Jul 10	$0.15	$4.85	32.33
$360.00	$365.00	$370.00	Jul 17	$0.15	$4.85	32.33
$370.00	$375.00	$380.00	Jul 17	$0.15	$4.85	32.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 42 found (best net $-3.75, 38 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$370.00	$425.00	1:2	Jul 31	-$10.05	$44.95
$440.00	$475.00	1:2	Aug 14	-$21.00	$14.00
$475.00	$500.00	1:2	Aug 14	-$18.75	$6.25
$480.00	$500.00	1:2	Aug 7	-$15.50	$4.50
$515.00	$520.00	1:2	Jul 10	-$0.88	$4.12

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$505.00	$435.00	1:2	Aug 14	-$3.75	$66.25
$400.00	$370.00	1:2	Aug 7	-$6.05	$23.95
$370.00	$350.00	1:2	Aug 14	-$9.50	$10.50
$360.00	$350.00	1:2	Jul 17	-$0.16	$9.84
$357.50	$355.00	1:2	Jul 10	-$0.11	$2.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 88 found (best yield 9.91%, avg 3.25%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$440.00	Aug 14	$43.00	0.54	1.4%	9.91%	11.33%	1	--
$435.00	Aug 7	$41.40	0.55	0.3%	9.54%	9.81%	2	20
$435.00	Jul 31	$35.00	0.54	0.3%	8.07%	8.34%	--	12
$450.00	Aug 7	$34.00	0.50	3.7%	7.84%	11.56%	2	3
$440.00	Jul 31	$33.00	0.52	1.4%	7.61%	9.03%	--	10
$445.00	Jul 31	$31.00	0.50	2.6%	7.15%	9.72%	--	15
$475.00	Aug 14	$30.50	0.43	9.5%	7.03%	16.52%	1	--
$450.00	Jul 31	$29.00	0.48	3.7%	6.68%	10.41%	3	33
$465.00	Aug 7	$28.00	0.45	7.2%	6.45%	13.64%	1	9
$440.00	Jul 24	$26.80	0.51	1.4%	6.18%	7.60%	1	24

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 4,890

Total Puts 4,239

Put/Call Ratio 0.87

Net Difference 651

Prior's Put/Call Breakdown

Total Calls 9,723

Total Puts 8,467

Put/Call Ratio 0.87

Net Difference 1,256

Prior 7-Day Put/Call Summary

Total Calls 42,438

Total Puts 35,770

Average Put/Call Ratio 0.86

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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