CIEN - Options Database

CIEN

CIENA CORP

$418.46 -6.37%

$420.59 (+0.51%)🌙

as of 07/15 06:06 PM

(7/15 15:05) ◀

Wednesday, July 15, 2026 (6:06pm)

▶ (7/16 15:06)

◀ 7/15 18:06 ▶

Option Volume

Detail

ℹ

Current (07/15) 19,858

Calls: 6,833 (34%)

Puts: 13,025 (66%)

Prior (07/14) 8,619

Calls: 2,173 (25%)

Puts: 6,446 (75%)

Current vs Prior +130.40%

Calls: +214.45% (Calls)

Puts: +102.06% (Puts)

Prior 7-Day Total 76,848

Calls: 37,862 (49%)

Puts: 38,986 (51%)

Prior 7-Day Average 10,978

Calls: 5,408 (49%)

Puts: 5,569 (51%)

Current vs Prior 7-Day Avg +80.88%

Calls: +26.33%

Puts: +133.87%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/15) $23.84M

Calls: $12.52M (53%)

Puts: $11.32M (47%)

Prior (07/14) $13.86M

Calls: $7.79M (56%)

Puts: $6.06M (44%)

Current vs Prior +72.03%

Calls: +60.66%

Puts: +86.66%

Prior 7-Day Total $168.85M

Calls: $88.88M (53%)

Puts: $79.97M (47%)

Prior 7-Day Average $24.12M

Calls: $12.70M (53%)

Puts: $11.42M (47%)

Current vs Prior 7-Day Avg -1.18%

Calls: -1.39%

Puts: -0.94%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/15) 1.91

Prior (07/14) 2.97

Current vs Prior -35.74%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg +51.99%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/15) 106,230

Calls: 51,239 (48%)

Puts: 54,991 (52%)

Prior (07/14) 103,507

Calls: 50,278 (49%)

Puts: 53,229 (51%)

Current vs Prior +2.63%

Prior 7-Day Total 698,638

Calls: 347,495 (50%)

Puts: 351,143 (50%)

Prior 7-Day Average 99,805

Calls: 49,642 (50%)

Puts: 50,163 (50%)

Current vs Prior 7-Day Avg +6.44%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 6.58% | 11.38%6.58% | 22.79%

Prior 7.53% | 12.64%7.53% | 23.40%

Current vs Prior -12.56% | -10.02%-12.56% | -2.64%

Prior 7-Day Avg 7.48% | 12.20%10.38% | 24.48%

Current vs 7-Day Avg -11.94% | -6.76%-36.58% | -6.91%

Prior 7-Day Eod 7.53% | 12.64%7.53% | 23.40%

Current vs 7-Day Eod -12.56% | -10.02%-12.56% | -2.64%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 36.27% | 15.20%

Calls: 30.56% | 10.70%

Puts: 41.99% | 19.69%

Prior 23.66% | 12.42%

Calls: 18.18% | 13.56%

Puts: 29.14% | 11.28%

Current vs Prior +53.30% | +22.38%

Prior 7-Day Avg 33.68% | 17.20%

Calls: 26.91% | 18.79%

Puts: 40.45% | 15.62%

Current vs 7-Day Avg +7.69% | -11.65%

Liquidity Expensive

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🤖 AI Insights

Elevated premium activity with dollar volume up 72% vs prior. Unusually high activity with volume up 130% vs prior - elevated interest. Volume explosion - 81% above 7-day average (19,858 vs avg 10,978). Extreme bearish P/C ratio of 1.91 - heavy put buying.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

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

🎯

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 34 of results (avg 8.4%, best 5.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Aug 21	90.70	98.00	$94.35	7.7%	1	0.82	45
$350.00	Aug 21	84.20	91.00	$87.60	7.8%	7	0.79	214
$370.00	Aug 21	69.80	75.80	$72.80	8.2%	7	0.72	210
$360.00	Aug 21	76.70	84.00	$80.35	9.1%	1	0.76	8
$340.00	Jul 17	75.70	83.00	$79.35	9.2%	--	0.98	17

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$440.00	Aug 21	54.80	57.80	$56.30	5.3%	5	0.52	206
$430.00	Aug 21	48.60	51.70	$50.15	6.2%	3	0.48	113
$410.00	Aug 21	38.60	41.20	$39.90	6.5%	6	0.41	75
$500.00	Aug 21	95.00	101.50	$98.25	6.6%	2	0.69	172
$490.00	Aug 21	87.00	93.00	$90.00	6.7%	12	0.66	16

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. 134 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Jul 17	75.70	83.00	$79.35	9.2%	--	0.98	17
$350.00	Jul 17	65.50	73.00	$69.25	10.8%	--	0.97	54
$360.00	Jul 17	55.80	64.00	$59.90	13.7%	1	0.96	16
$370.00	Jul 17	47.00	54.00	$50.50	13.9%	1	0.96	34
$375.00	Jul 17	42.00	50.00	$46.00	17.4%	2	0.93	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$500.00	Jul 17	77.00	84.60	$80.80	9.4%	33	1.00	221
$475.00	Jul 17	53.00	60.50	$56.75	13.2%	--	1.00	29
$490.00	Jul 17	67.10	74.30	$70.70	10.2%	1	0.99	88
$480.00	Jul 17	58.00	65.20	$61.60	11.7%	2	0.99	183
$485.00	Jul 17	63.00	70.10	$66.55	10.7%	--	0.96	11

Most actively traded options today. High liquidity = easy entry/exit. 273 active (total vol 6.7K, top 674)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Jul 17	6.00	13.00	$9.50	73.7%	646	0.41	36
$477.50	Jul 17	0.00	1.15	$0.57	201.8%	637	0.05	662
$500.00	Jul 24	1.35	6.70	$4.03	132.8%	163	0.13	104
$475.00	Jul 31	8.90	15.00	$11.95	51.0%	85	0.28	15
$452.50	Jul 17	0.85	4.50	$2.68	136.2%	59	0.17	64

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Jul 17	2.30	6.90	$4.60	100.0%	674	0.20	266
$417.50	Jul 17	10.20	13.70	$11.95	29.3%	650	0.46	638
$367.50	Jul 17	0.10	1.20	$0.65	169.2%	323	0.04	37
$370.00	Jul 17	0.25	1.10	$0.68	125.0%	255	0.05	436
$380.00	Jul 17	1.15	2.20	$1.68	62.5%	249	0.10	469

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 83 strikes (avg 30.7%, max 108.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$345.00	Jul 17	Jul 24	204.3%	97.8%	108.8%	2	14
$340.00	Jul 17	Aug 21	154.3%	86.1%	79.2%	1	62
$350.00	Jul 17	Aug 21	141.0%	86.2%	63.6%	7	268
$497.50	Jul 17	Jul 24	173.5%	107.9%	60.8%	3	14
$390.00	Jul 17	Aug 21	129.4%	84.6%	52.9%	--	82

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$352.50	Jul 17	Jul 24	178.4%	94.4%	88.9%	10	45
$340.00	Jul 17	Aug 28	154.3%	89.2%	73.0%	5	494
$335.00	Jul 17	Aug 28	153.7%	90.4%	70.1%	4	13
$350.00	Jul 17	Aug 28	141.0%	87.6%	60.9%	90	621
$337.50	Jul 17	Jul 24	147.6%	94.1%	56.8%	45	24

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 195 found (best R:R 24.00, avg 3.10)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$485.00	$490.00	Jul 31	$0.20	$4.80	$0.20	24.00	$485.20
$472.50	$475.00	Jul 17	$0.15	$2.35	$0.15	15.67	$472.65
$487.50	$490.00	Jul 17	$0.17	$2.33	$0.17	13.71	$487.67
$465.00	$475.00	Aug 7	$0.70	$9.30	$0.70	13.29	$465.70
$457.50	$460.00	Jul 17	$0.18	$2.32	$0.18	12.89	$457.68

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$340.00	$337.50	Jul 17	$0.18	$2.32	$0.18	12.89	$339.82
$375.00	$372.50	Jul 17	$0.18	$2.32	$0.18	12.89	$374.82
$430.00	$427.50	Jul 17	$0.20	$2.30	$0.20	11.50	$429.80
$382.50	$380.00	Jul 24	$0.20	$2.30	$0.20	11.50	$382.30
$355.00	$350.00	Jul 31	$0.40	$4.60	$0.40	11.50	$354.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 273 found (best R:R 32.33, avg 2.26)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$385.00	$390.00	Jul 24	$4.75	$4.75	$0.25	19.00	$389.75
$360.00	$370.00	Jul 17	$9.40	$9.40	$0.60	15.67	$369.40
$345.00	$350.00	Jul 24	$4.70	$4.70	$0.30	15.67	$349.70
$350.00	$360.00	Jul 17	$9.35	$9.35	$0.65	14.38	$359.35
$370.00	$375.00	Jul 17	$4.50	$4.50	$0.50	9.00	$374.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$480.00	$475.00	Jul 17	$4.85	$4.85	$0.15	32.33	$475.15
$500.00	$495.00	Jul 24	$4.80	$4.80	$0.20	24.00	$495.20
$495.00	$490.00	Aug 7	$4.75	$4.75	$0.25	19.00	$490.25
$457.50	$455.00	Jul 17	$2.35	$2.35	$0.15	15.67	$455.15
$460.00	$457.50	Jul 17	$2.35	$2.35	$0.15	15.67	$457.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 83 found (avg debit $7.57, cheapest $1.45)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$490.00	Jul 17	Jul 24	$2.70	122.0%	84.6%
$500.00	Jul 17	Jul 24	$3.48	129.8%	96.7%
$345.00	Jul 17	Jul 24	$3.60	204.3%	97.8%
$497.50	Jul 17	Jul 24	$3.65	173.5%	107.9%
$495.00	Jul 17	Jul 24	$3.72	118.3%	93.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$352.50	Jul 17	Jul 24	$1.45	178.4%	94.4%
$337.50	Jul 17	Jul 24	$1.48	147.6%	94.1%
$335.00	Jul 17	Jul 24	$1.60	153.7%	98.5%
$340.00	Jul 17	Jul 24	$2.82	154.3%	107.4%
$500.00	Jul 17	Jul 24	$3.65	129.8%	96.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 118 found (cheapest 5.93% of stock, avg 15.84%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$415.00	Jul 17	$13.95	$10.85	$24.80	$390.20	$439.80	5.93%
$420.00	Jul 17	$12.80	$12.75	$25.55	$394.45	$445.55	6.11%
$422.50	Jul 17	$10.70	$14.90	$25.60	$396.90	$448.10	6.12%
$425.00	Jul 17	$11.40	$15.00	$26.40	$398.60	$451.40	6.31%
$417.50	Jul 17	$14.80	$11.95	$26.75	$390.75	$444.25	6.39%
$430.00	Jul 17	$9.50	$17.90	$27.40	$402.60	$457.40	6.55%
$427.50	Jul 17	$9.75	$17.70	$27.45	$400.05	$454.95	6.56%
$410.00	Jul 17	$19.00	$8.65	$27.65	$382.35	$437.65	6.61%
$407.50	Jul 17	$20.75	$7.75	$28.50	$379.00	$436.00	6.81%
$435.00	Jul 17	$6.75	$22.00	$28.75	$406.25	$463.75	6.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 3.87% of stock, avg 12.22%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$432.50	$410.00	Jul 17	$7.55	$8.65	$16.20	$393.80	$448.70
$432.50	$412.50	Jul 17	$7.55	$9.70	$17.25	$395.25	$449.75
$430.00	$410.00	Jul 17	$9.50	$8.65	$18.15	$391.85	$448.15
$427.50	$410.00	Jul 17	$9.75	$8.65	$18.40	$391.60	$445.90
$432.50	$415.00	Jul 17	$7.55	$10.85	$18.40	$396.60	$450.90
$430.00	$412.50	Jul 17	$9.50	$9.70	$19.20	$393.30	$449.20
$422.50	$410.00	Jul 17	$10.70	$8.65	$19.35	$390.65	$441.85
$427.50	$412.50	Jul 17	$9.75	$9.70	$19.45	$393.05	$446.95
$432.50	$417.50	Jul 17	$7.55	$11.95	$19.50	$398.00	$452.00
$425.00	$410.00	Jul 17	$11.40	$8.65	$20.05	$389.95	$445.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 347 found (best R:R 75.92, avg credit $7.16)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
338/340	350/360	Jul 24	$9.87	$0.13	75.92	$330.13	$359.87
350/360	380/390	Aug 21	$9.85	$0.15	65.67	$350.15	$389.85
380/390	410/420	Aug 21	$9.85	$0.15	65.67	$380.15	$419.85
370/375	380/385	Jul 24	$4.90	$0.10	49.00	$370.10	$384.90
350/355	475/480	Aug 7	$4.90	$0.10	49.00	$350.10	$479.90
340/350	380/390	Aug 21	$9.65	$0.35	27.57	$340.35	$389.65
350/355	430/435	Aug 7	$4.80	$0.20	24.00	$350.20	$434.80
370/375	460/465	Aug 7	$4.80	$0.20	24.00	$370.20	$464.80
400/410	430/440	Aug 21	$9.60	$0.40	24.00	$400.40	$439.60
355/360	365/370	Aug 28	$4.80	$0.20	24.00	$355.20	$369.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 found (best R:R 199.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$375.00	$380.00	$385.00	Jul 17	$0.05	$4.95	99.00
$465.00	$470.00	$475.00	Jul 24	$0.05	$4.95	99.00
$472.50	$475.00	$477.50	Jul 17	$0.07	$2.43	34.71
$410.00	$420.00	$430.00	Aug 21	$0.35	$9.65	27.57
$465.00	$470.00	$475.00	Jul 31	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$380.00	$390.00	$400.00	Aug 7	$0.05	$9.95	199.00
$380.00	$390.00	$400.00	Aug 28	$0.15	$9.85	65.67
$475.00	$480.00	$485.00	Jul 17	$0.10	$4.90	49.00
$450.00	$455.00	$460.00	Jul 31	$0.10	$4.90	49.00
$340.00	$350.00	$360.00	Aug 21	$0.20	$9.80	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. 56 found (best net $-0.39, 50 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$500.00	1:2	Jul 31	-$5.25	$4.75
$485.00	$490.00	1:2	Jul 24	-$0.61	$4.39
$475.00	$480.00	1:2	Jul 24	-$1.45	$3.55
$490.00	$500.00	1:2	Aug 7	-$7.60	$2.40
$470.00	$472.50	1:2	Jul 17	-$0.47	$2.03

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$350.00	$340.00	1:2	Jul 17	-$0.39	$9.61
$430.00	$400.00	1:2	Aug 28	-$22.85	$7.15
$380.00	$375.00	1:2	Jul 17	-$0.48	$4.52
$350.00	$345.00	1:2	Jul 24	-$1.33	$3.67
$340.00	$337.50	1:2	Jul 17	-$0.12	$2.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 92 found (best yield 11.21%, avg 3.12%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$420.00	Aug 28	$46.90	0.56	0.4%	11.21%	11.58%	1	2
$430.00	Aug 28	$43.50	0.53	2.8%	10.40%	13.15%	5	--
$420.00	Aug 21	$42.80	0.55	0.4%	10.23%	10.60%	12	12
$430.00	Aug 21	$37.60	0.52	2.8%	8.99%	11.74%	15	38
$450.00	Aug 28	$35.80	0.47	7.5%	8.56%	16.09%	2	1
$440.00	Aug 21	$34.00	0.48	5.2%	8.13%	13.27%	8	215
$460.00	Aug 28	$31.10	0.44	9.9%	7.43%	17.36%	9	12
$450.00	Aug 21	$30.10	0.45	7.5%	7.19%	14.73%	3	79
$420.00	Jul 31	$27.10	0.53	0.4%	6.48%	6.84%	1	1
$430.00	Aug 7	$27.00	0.49	2.8%	6.45%	9.21%	--	20

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 6,833

Total Puts 13,025

Put/Call Ratio 1.91

Net Difference -6,192

Prior's Put/Call Breakdown

Total Calls 2,173

Total Puts 6,446

Put/Call Ratio 2.97

Net Difference -4,273

Prior 7-Day Put/Call Summary

Total Calls 37,862

Total Puts 38,986

Average Put/Call Ratio 1.25

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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