Tour v325
CIEN
CIENA CORP
$445.44 -3.32%
$446.84 (+0.31%)🌙
as of 07/13 06:01 PM
7/13 18:01

Option Volume

Detail
Current (07/13) 10,557
Calls: 4,530 (43%)
Puts: 6,027 (57%)
Prior (07/10) 14,401
Calls: 6,436 (45%)
Puts: 7,965 (55%)
Current vs Prior -26.69%
Calls: -29.61% (Calls)
Puts: -24.33% (Puts)
Prior 7-Day Total 83,930
Calls: 46,272 (55%)
Puts: 37,658 (45%)
Prior 7-Day Average 11,990
Calls: 6,610 (55%)
Puts: 5,379 (45%)
Current vs Prior 7-Day Avg -11.95%
Calls: -31.47%
Puts: +12.03%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/13) $21.44M
Calls: $8.82M (41%)
Puts: $12.62M (59%)
Prior (07/10) $34.74M
Calls: $14.53M (42%)
Puts: $20.21M (58%)
Current vs Prior -38.27%
Calls: -39.29%
Puts: -37.54%
Prior 7-Day Total $190.27M
Calls: $107.13M (56%)
Puts: $83.14M (44%)
Prior 7-Day Average $27.18M
Calls: $15.30M (56%)
Puts: $11.88M (44%)
Current vs Prior 7-Day Avg -21.11%
Calls: -42.37%
Puts: +6.29%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/13) 1.33
Prior (07/10) 1.24
Current vs Prior +7.51%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +59.21%
Sentiment BEARISH

Open Interest

Detail
Current (07/13) 98,720
Calls: 49,012 (50%)
Puts: 49,708 (50%)
Prior (07/10) 109,420
Calls: 56,547 (52%)
Puts: 52,873 (48%)
Current vs Prior -9.78%
Prior 7-Day Total 696,478
Calls: 344,318 (49%)
Puts: 352,160 (51%)
Prior 7-Day Average 99,496
Calls: 49,188 (49%)
Puts: 50,308 (51%)
Current vs Prior 7-Day Avg -0.78%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 9.04% | 13.40%9.04% | 23.71%
Prior 9.26% | 12.51%9.26% | 23.58%
Current vs Prior -2.39% | +7.11%-2.39% | +0.53%
Prior 7-Day Avg 7.20% | 12.05%12.16% | 25.24%
Current vs 7-Day Avg +25.43% | +11.18%-25.71% | -6.08%
Prior 7-Day Eod 9.26% | 12.51%9.26% | 23.58%
Current vs 7-Day Eod -2.39% | +7.11%-2.39% | +0.53%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 23.41% | 20.11%
Calls: 25.59% | 22.60%
Puts: 21.23% | 17.62%
Prior 113.07% | 16.02%
Calls: 62.50% | 12.71%
Puts: 163.64% | 19.32%
Current vs Prior -79.30% | +25.53%
Prior 7-Day Avg 58.84% | 17.73%
Calls: 47.46% | 19.87%
Puts: 70.22% | 15.58%
Current vs 7-Day Avg -60.22% | +13.45%
Liquidity Expensive
+
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🤖 AI Insights

Bearish P/C ratio of 1.33 indicates protective positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 30 of results (avg 8.6%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Aug 2192.0099.70$95.858.0%210.79171
$360.00Aug 1496.00104.10$100.058.1%20.831
$410.00Aug 2167.0072.90$69.958.4%--0.67373
$360.00Jul 2486.0094.00$90.008.9%--0.9034
$370.00Jul 1774.0081.00$77.509.0%--0.9434
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Aug 2173.8077.60$75.705.0%20.5716
$500.00Aug 2181.1085.70$83.405.5%50.60168
$510.00Aug 2186.6092.30$89.456.4%20.625
$470.00Aug 2161.0065.90$63.457.7%10.5215
$450.00Aug 2149.6053.60$51.607.8%1.1K0.4681

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. 99 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Jul 1782.6091.00$86.809.7%21.0015
$377.50Jul 1766.1074.00$70.0511.3%20.95--
$370.00Jul 1774.0081.00$77.509.0%--0.9434
$372.50Jul 1770.1079.00$74.5511.9%20.94--
$380.00Jul 1763.7072.00$67.8512.2%--0.9359
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Jul 1772.0079.00$75.509.3%--0.9351
$530.00Jul 1781.0089.00$85.009.4%40.9348
$510.00Jul 1762.0071.00$66.5013.5%60.8958
$500.00Jul 1753.0061.00$57.0014.0%70.86224
$525.00Jul 2481.0089.20$85.109.6%--0.8231

Most actively traded options today. High liquidity = easy entry/exit. 195 active (total vol 4.0K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$485.00Jul 174.506.30$5.4033.3%1020.2165
$500.00Jul 172.453.50$2.9835.2%800.14661
$470.00Jul 177.8010.00$8.9024.7%530.31222
$525.00Jul 245.007.20$6.1036.1%510.1740
$495.00Jul 173.104.50$3.8036.8%440.1643
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2149.6053.60$51.607.8%1.1K0.4681
$370.00Jul 170.301.95$1.13146.0%2620.05475
$380.00Jul 171.002.40$1.7082.4%2210.07510
$400.00Jul 173.204.50$3.8533.8%1850.15638
$390.00Jul 171.203.70$2.45102.0%1540.10248

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 63 strikes (avg 19.3%, max 36.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$515.00Jul 17Aug 14112.3%85.2%31.8%377
$480.00Jul 17Aug 21111.7%85.5%30.7%19531
$360.00Jul 17Aug 14119.4%92.1%29.7%416
$530.00Jul 17Aug 21111.4%87.1%27.8%3321
$370.00Jul 17Aug 21111.5%88.7%25.7%21205
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$365.00Jul 17Aug 14127.6%93.3%36.7%8731
$360.00Jul 17Aug 21119.4%89.1%33.9%41469
$480.00Jul 17Aug 21111.7%85.5%30.7%10197
$415.00Jul 17Aug 14113.1%86.9%30.2%926
$375.00Jul 17Aug 14112.3%89.0%26.1%1122

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 194 found (best R:R 32.33, avg 3.52)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$520.00$525.00Jul 24$0.15$4.85$0.1532.33$520.15
$495.00$500.00Jul 31$0.15$4.85$0.1532.33$495.15
$447.50$450.00Jul 17$0.15$2.35$0.1515.67$447.65
$460.00$465.00Jul 17$0.35$4.65$0.3513.29$460.35
$522.50$525.00Jul 17$0.20$2.30$0.2011.50$522.70
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$380.00$375.00Jul 17$0.17$4.83$0.1728.41$379.83
$395.00$390.00Jul 17$0.20$4.80$0.2024.00$394.80
$385.00$380.00Jul 24$0.25$4.75$0.2519.00$384.75
$400.00$395.00Jul 31$0.30$4.70$0.3015.67$399.70
$375.00$370.00Aug 14$0.35$4.65$0.3513.29$374.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 243 found (best R:R 24.00, avg 1.71)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$360.00$370.00Jul 17$9.30$9.30$0.7013.29$369.30
$385.00$390.00Jul 17$4.65$4.65$0.3513.29$389.65
$372.50$377.50Jul 17$4.50$4.50$0.509.00$377.00
$380.00$385.00Jul 17$4.45$4.45$0.558.09$384.45
$377.50$380.00Jul 17$2.20$2.20$0.307.33$379.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$460.00$457.50Jul 17$2.40$2.40$0.1024.00$457.60
$510.00$500.00Jul 17$9.50$9.50$0.5019.00$500.50
$530.00$520.00Jul 17$9.50$9.50$0.5019.00$520.50
$387.50$385.00Jul 24$2.35$2.35$0.1515.67$385.15
$437.50$435.00Jul 17$2.30$2.30$0.2011.50$435.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 63 found (avg debit $8.30, cheapest $2.73)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$360.00Jul 17Jul 24$3.20119.4%106.1%
$530.00Jul 17Jul 24$3.80111.4%91.8%
$525.00Jul 17Jul 24$4.70104.4%92.4%
$520.00Jul 17Jul 24$4.9099.0%89.7%
$380.00Jul 17Jul 24$5.15108.1%100.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$365.00Jul 17Jul 24$2.73127.6%100.2%
$360.00Jul 17Jul 24$3.55119.4%106.1%
$370.00Jul 17Jul 24$4.12111.5%101.2%
$375.00Jul 17Jul 24$4.22112.3%99.0%
$390.00Jul 17Jul 24$4.55103.9%89.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 90 found (cheapest 8.37% of stock, avg 16.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$452.50Jul 17$15.30$22.00$37.30$415.20$489.808.37%
$442.50Jul 17$20.60$17.10$37.70$404.80$480.208.46%
$440.00Jul 17$21.30$16.80$38.10$401.90$478.108.55%
$447.50Jul 17$17.90$20.90$38.80$408.70$486.308.71%
$445.00Jul 17$19.35$19.75$39.10$405.90$484.108.78%
$450.00Jul 17$17.75$21.50$39.25$410.75$489.258.81%
$432.50Jul 17$26.10$13.50$39.60$392.90$472.108.89%
$455.00Jul 17$15.90$23.90$39.80$415.20$494.808.93%
$430.00Jul 17$27.95$12.05$40.00$390.00$470.008.98%
$460.00Jul 17$12.35$28.00$40.35$419.65$500.359.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 6.47% of stock, avg 12.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$457.50$435.00Jul 17$14.90$13.90$28.80$406.20$486.30
$452.50$435.00Jul 17$15.30$13.90$29.20$405.80$481.70
$455.00$435.00Jul 17$15.90$13.90$29.80$405.20$484.80
$457.50$437.50Jul 17$14.90$16.20$31.10$406.40$488.60
$452.50$437.50Jul 17$15.30$16.20$31.50$406.00$484.00
$450.00$435.00Jul 17$17.75$13.90$31.65$403.35$481.65
$457.50$440.00Jul 17$14.90$16.80$31.70$408.30$489.20
$447.50$435.00Jul 17$17.90$13.90$31.80$403.20$479.30
$457.50$442.50Jul 17$14.90$17.10$32.00$410.50$489.50
$452.50$440.00Jul 17$15.30$16.80$32.10$407.90$484.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 349 found (best R:R 49.00, avg credit $7.18)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
365/368385/390Jul 17$4.90$0.1049.00$362.60$389.90
390/400410/420Aug 21$9.80$0.2049.00$390.20$419.80
390/400450/460Aug 21$9.80$0.2049.00$390.20$459.80
360/362385/390Jul 17$4.88$0.1240.67$357.62$389.88
360/370390/400Aug 21$9.75$0.2539.00$360.25$399.75
410/420450/460Aug 21$9.75$0.2539.00$410.25$459.75
370/372385/390Jul 17$4.85$0.1532.33$367.65$389.85
372/375385/390Jul 17$4.85$0.1532.33$370.15$389.85
370/375410/415Jul 24$4.85$0.1532.33$370.15$414.85
390/395470/475Jul 31$4.85$0.1532.33$390.15$474.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 91 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$475.00$480.00$485.00Jul 31$0.05$4.9599.00
$390.00$400.00$410.00Jul 17$0.25$9.7539.00
$400.00$410.00$420.00Aug 21$0.30$9.7032.33
$400.00$410.00$420.00Jul 17$0.35$9.6527.57
$430.00$440.00$450.00Aug 21$0.35$9.6527.57
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$400.00$410.00$420.00Aug 21$0.10$9.9099.00
$420.00$430.00$440.00Aug 21$0.10$9.9099.00
$420.00$422.50$425.00Jul 17$0.05$2.4549.00
$475.00$480.00$485.00Jul 31$0.10$4.9049.00
$430.00$440.00$450.00Jul 31$0.30$9.7032.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 32 found (best net $-18.40, 31 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$415.00$460.001:2Aug 14-$18.40$26.60
$380.00$420.001:2Aug 7-$29.15$10.85
$525.00$530.001:2Jul 17-$1.70$3.30
$510.00$515.001:2Jul 17-$2.96$2.04
$522.50$525.001:2Jul 17-$1.20$1.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$480.00$445.001:2Aug 14-$22.50$12.50
$380.00$375.001:2Jul 17-$1.36$3.64
$400.00$395.001:2Jul 17-$1.45$3.55
$390.00$385.001:2Jul 17-$1.65$3.35
$395.00$390.001:2Jul 17-$2.25$2.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 10.30%, avg 3.23%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$450.00Aug 21$45.900.551.0%10.30%11.33%3268
$460.00Aug 21$41.000.513.3%9.20%12.47%1719
$460.00Aug 14$37.700.513.3%8.46%11.73%101
$470.00Aug 21$36.300.485.5%8.15%13.66%3255
$480.00Aug 21$34.100.457.8%7.66%15.41%2217
$460.00Aug 7$32.700.503.3%7.34%10.61%67
$490.00Aug 21$31.500.4310.0%7.07%17.08%148
$450.00Jul 31$30.000.521.0%6.73%7.76%--32
$465.00Aug 7$29.200.484.4%6.56%10.95%110
$480.00Aug 14$28.500.457.8%6.40%14.16%116

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 4,530
Total Puts 6,027
Put/Call Ratio 1.33
Net Difference -1,497

Prior's Put/Call Breakdown

Total Calls 6,436
Total Puts 7,965
Put/Call Ratio 1.24
Net Difference -1,529

Prior 7-Day Put/Call Summary

Total Calls 46,272
Total Puts 37,658
Average Put/Call Ratio 0.84
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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Chart Title

Price — Past 7 Days

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