CIEN - Options Database

CIEN

CIENA CORP

$388.81 -7.09%

$387.06 (-0.45%)🌙

as of 07/16 06:01 PM

(7/16 15:06) ◀

Thursday, July 16, 2026 (6:01pm)

▶

◀ 7/16 18:01

Option Volume

Detail

ℹ

Current (07/16) 15,887

Calls: 7,388 (47%)

Puts: 8,499 (53%)

Prior (07/15) 19,858

Calls: 6,833 (34%)

Puts: 13,025 (66%)

Current vs Prior -20.00%

Calls: +8.12% (Calls)

Puts: -34.75% (Puts)

Prior 7-Day Total 87,577

Calls: 39,805 (45%)

Puts: 47,772 (55%)

Prior 7-Day Average 12,511

Calls: 5,686 (45%)

Puts: 6,824 (55%)

Current vs Prior 7-Day Avg +26.98%

Calls: +29.92%

Puts: +24.54%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/16) $48.82M

Calls: $16.00M (33%)

Puts: $32.82M (67%)

Prior (07/15) $23.84M

Calls: $12.52M (53%)

Puts: $11.32M (47%)

Current vs Prior +104.80%

Calls: +27.78%

Puts: +190.03%

Prior 7-Day Total $172.50M

Calls: $90.62M (53%)

Puts: $81.88M (47%)

Prior 7-Day Average $24.64M

Calls: $12.95M (53%)

Puts: $11.70M (47%)

Current vs Prior 7-Day Avg +98.10%

Calls: +23.58%

Puts: +180.58%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/16) 1.15

Prior (07/15) 1.91

Current vs Prior -39.65%

Prior 7-Day Average 1.40

Current vs Prior 7-Day Avg -17.98%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/16) 116,137

Calls: 54,907 (47%)

Puts: 61,230 (53%)

Prior (07/15) 106,230

Calls: 51,239 (48%)

Puts: 54,991 (52%)

Current vs Prior +9.33%

Prior 7-Day Total 714,271

Calls: 354,302 (50%)

Puts: 359,969 (50%)

Prior 7-Day Average 102,038

Calls: 50,614 (50%)

Puts: 51,424 (50%)

Current vs Prior 7-Day Avg +13.82%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 5.39% | 11.91%5.39% | 23.26%

Prior 6.58% | 11.38%6.58% | 22.79%

Current vs Prior -18.16% | +4.69%-18.16% | +2.10%

Prior 7-Day Avg 7.19% | 12.04%9.54% | 24.04%

Current vs 7-Day Avg -25.04% | -1.13%-43.52% | -3.21%

Prior 7-Day Eod 6.58% | 11.38%6.58% | 22.79%

Current vs 7-Day Eod -18.16% | +4.69%-18.16% | +2.10%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 34.39% | 25.45%

Calls: 48.89% | 25.22%

Puts: 19.90% | 25.69%

Prior 36.27% | 15.20%

Calls: 30.56% | 10.70%

Puts: 41.99% | 19.69%

Current vs Prior -5.18% | +67.43%

Prior 7-Day Avg 36.81% | 17.07%

Calls: 28.88% | 17.25%

Puts: 44.73% | 16.89%

Current vs 7-Day Avg -6.56% | +49.05%

Liquidity Expensive

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Moderately bearish flow with 67% put dollar volume ($32.82M). Massive premium surge with dollar volume up 105% vs prior. Dollar volume significantly above 7-day average (98% higher). Slightly bearish P/C ratio of 1.15.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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⏰ Backwardation

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

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🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 30 of results (avg 7.9%, best 3.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Aug 21	46.40	49.10	$47.75	5.7%	11	0.58	6
$410.00	Aug 21	33.10	35.40	$34.25	6.7%	4	0.48	378
$360.00	Aug 21	55.60	60.50	$58.05	8.4%	3	0.66	9
$340.00	Aug 21	68.00	74.00	$71.00	8.5%	1	0.73	46
$370.00	Aug 21	50.20	55.00	$52.60	9.1%	135	0.62	215

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$440.00	Aug 21	72.70	75.50	$74.10	3.8%	16	0.61	206
$360.00	Aug 21	26.70	28.00	$27.35	4.8%	51	0.34	68
$400.00	Aug 21	46.70	49.10	$47.90	5.0%	239	0.48	163
$410.00	Aug 21	52.70	55.70	$54.20	5.5%	4	0.52	75
$420.00	Aug 21	58.50	62.00	$60.25	5.8%	9	0.55	161

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. 142 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Jul 17	65.00	73.10	$69.05	11.7%	--	0.98	22
$330.00	Jul 17	55.00	62.60	$58.80	12.9%	2	0.98	75
$332.50	Jul 17	52.10	60.00	$56.05	14.1%	1	0.97	--
$340.00	Jul 17	45.00	52.90	$48.95	16.1%	--	0.96	17
$350.00	Jul 17	35.00	43.00	$39.00	20.5%	1	0.95	54

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$440.00	Jul 17	48.00	55.00	$51.50	13.6%	32	1.00	1.2K
$450.00	Jul 17	58.00	65.00	$61.50	11.4%	55	1.00	324
$455.00	Jul 17	63.00	70.00	$66.50	10.5%	3	1.00	28
$460.00	Jul 17	68.40	74.80	$71.60	8.9%	32	1.00	146
$447.50	Jul 17	54.20	63.00	$58.60	15.0%	--	0.96	19

Most actively traded options today. High liquidity = easy entry/exit. 269 active (total vol 8.3K, top 963)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Jul 17	0.00	1.70	$0.85	200.0%	963	0.07	663
$410.00	Jul 24	9.80	16.00	$12.90	48.1%	656	0.37	12
$420.00	Jul 17	0.50	2.40	$1.45	131.0%	218	0.12	38
$432.50	Jul 17	0.00	1.00	$0.50	200.0%	168	0.05	18
$350.00	Aug 21	60.20	66.70	$63.45	10.2%	136	0.70	219

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Jul 17	8.70	12.00	$10.35	31.9%	748	0.50	892
$347.50	Jul 24	4.30	12.00	$8.15	94.5%	644	0.22	9
$400.00	Aug 21	46.70	49.10	$47.90	5.0%	239	0.48	163
$370.00	Aug 7	23.20	28.90	$26.05	21.9%	235	0.37	29
$400.00	Jul 17	14.10	19.40	$16.75	31.6%	216	0.67	697

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 81 strikes (avg 50.9%, max 136.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$465.00	Jul 17	Aug 14	203.9%	86.3%	136.2%	20	58
$452.50	Jul 17	Jul 24	234.4%	104.2%	124.9%	1	65
$320.00	Jul 17	Aug 28	190.4%	93.0%	104.8%	2	22
$445.00	Jul 17	Aug 14	182.3%	92.8%	96.5%	3	41
$460.00	Jul 17	Aug 28	171.4%	89.1%	92.4%	27	175

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$465.00	Jul 17	Aug 7	203.9%	94.6%	115.5%	6	22
$457.50	Jul 17	Jul 24	236.6%	114.5%	106.7%	1	11
$320.00	Jul 17	Aug 28	190.4%	93.0%	104.8%	17	121
$337.50	Jul 17	Jul 24	188.1%	95.4%	97.2%	25	59
$445.00	Jul 17	Aug 7	182.3%	93.3%	95.4%	1	77

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 3.25)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$455.00	$460.00	Jul 31	$0.20	$4.80	$0.20	24.00	$455.20
$460.00	$462.50	Jul 17	$0.15	$2.35	$0.15	15.67	$460.15
$410.00	$412.50	Jul 24	$0.20	$2.30	$0.20	11.50	$410.20
$420.00	$422.50	Jul 24	$0.20	$2.30	$0.20	11.50	$420.20
$415.00	$417.50	Jul 17	$0.22	$2.28	$0.22	10.36	$415.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$340.00	$335.00	Jul 31	$0.15	$4.85	$0.15	32.33	$339.85
$335.00	$330.00	Jul 17	$0.17	$4.83	$0.17	28.41	$334.83
$360.00	$355.00	Aug 14	$0.25	$4.75	$0.25	19.00	$359.75
$350.00	$347.50	Jul 24	$0.15	$2.35	$0.15	15.67	$349.85
$335.00	$330.00	Aug 28	$0.30	$4.70	$0.30	15.67	$334.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 268 found (best R:R 24.00, avg 2.17)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$350.00	$360.00	Jul 17	$9.50	$9.50	$0.50	19.00	$359.50
$332.50	$340.00	Jul 17	$7.10	$7.10	$0.40	17.75	$339.60
$362.50	$365.00	Jul 24	$2.35	$2.35	$0.15	15.67	$364.85
$357.50	$360.00	Jul 24	$2.25	$2.25	$0.25	9.00	$359.75
$452.50	$455.00	Jul 17	$2.17	$2.17	$0.33	6.58	$454.67

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$455.00	$450.00	Jul 24	$4.80	$4.80	$0.20	24.00	$450.20
$430.00	$427.50	Jul 17	$2.35	$2.35	$0.15	15.67	$427.65
$420.00	$415.00	Jul 31	$4.65	$4.65	$0.35	13.29	$415.35
$435.00	$430.00	Jul 31	$4.65	$4.65	$0.35	13.29	$430.35
$447.50	$445.00	Jul 24	$2.30	$2.30	$0.20	11.50	$445.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 82 found (avg debit $8.25, cheapest $1.90)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$465.00	Jul 17	Jul 24	$1.90	203.9%	95.2%
$452.50	Jul 17	Jul 24	$2.75	234.4%	104.2%
$320.00	Jul 17	Jul 24	$3.15	190.4%	108.8%
$445.00	Jul 17	Jul 24	$3.75	182.3%	96.1%
$450.00	Jul 17	Jul 24	$4.00	147.0%	95.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$460.00	Jul 17	Jul 24	$2.90	171.4%	117.0%
$315.00	Jul 24	Jul 31	$2.90	110.6%	101.4%
$320.00	Jul 17	Jul 24	$3.00	190.4%	108.8%
$337.50	Jul 17	Jul 24	$3.47	188.1%	95.4%
$457.50	Jul 17	Jul 24	$3.50	236.6%	114.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 122 found (cheapest 5.21% of stock, avg 15.77%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$390.00	Jul 17	$9.90	$10.35	$20.25	$369.75	$410.25	5.21%
$392.50	Jul 17	$8.90	$11.35	$20.25	$372.25	$412.75	5.21%
$380.00	Jul 17	$14.75	$5.95	$20.70	$359.30	$400.70	5.32%
$385.00	Jul 17	$12.60	$8.20	$20.80	$364.20	$405.80	5.35%
$395.00	Jul 17	$7.50	$13.60	$21.10	$373.90	$416.10	5.43%
$397.50	Jul 17	$6.35	$15.35	$21.70	$375.80	$419.20	5.58%
$400.00	Jul 17	$5.05	$16.75	$21.80	$378.20	$421.80	5.61%
$402.50	Jul 17	$4.80	$18.25	$23.05	$379.45	$425.55	5.93%
$405.00	Jul 17	$4.15	$20.05	$24.20	$380.80	$429.20	6.22%
$407.50	Jul 17	$3.63	$21.85	$25.48	$382.02	$432.98	6.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 2.76% of stock, avg 12.27%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$402.50	$380.00	Jul 17	$4.80	$5.95	$10.75	$369.25	$413.25
$400.00	$380.00	Jul 17	$5.05	$5.95	$11.00	$369.00	$411.00
$397.50	$380.00	Jul 17	$6.35	$5.95	$12.30	$367.70	$409.80
$402.50	$382.50	Jul 17	$4.80	$7.50	$12.30	$370.20	$414.80
$400.00	$382.50	Jul 17	$5.05	$7.50	$12.55	$369.95	$412.55
$402.50	$385.00	Jul 17	$4.80	$8.20	$13.00	$372.00	$415.50
$400.00	$385.00	Jul 17	$5.05	$8.20	$13.25	$371.75	$413.25
$395.00	$380.00	Jul 17	$7.50	$5.95	$13.45	$366.55	$408.45
$397.50	$382.50	Jul 17	$6.35	$7.50	$13.85	$368.65	$411.35
$397.50	$385.00	Jul 17	$6.35	$8.20	$14.55	$370.45	$412.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 276 found (best R:R 49.00, avg credit $7.06)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
370/375	410/415	Jul 31	$4.90	$0.10	49.00	$370.10	$414.90
365/370	405/410	Aug 14	$4.90	$0.10	49.00	$365.10	$409.90
360/370	390/400	Aug 21	$9.80	$0.20	49.00	$360.20	$399.80
365/370	430/435	Jul 31	$4.85	$0.15	32.33	$365.15	$434.85
330/335	405/410	Aug 14	$4.85	$0.15	32.33	$330.15	$409.85
330/335	350/360	Jul 17	$9.67	$0.33	29.30	$325.33	$359.67
370/375	390/395	Jul 31	$4.80	$0.20	24.00	$370.20	$394.80
380/390	400/410	Aug 21	$9.55	$0.45	21.22	$380.45	$409.55
330/332	335/340	Jul 24	$4.77	$0.23	20.74	$327.73	$339.77
375/380	385/390	Jul 17	$4.75	$0.25	19.00	$375.25	$389.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 125 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$422.50	$425.00	$427.50	Jul 17	$0.07	$2.43	34.71
$340.00	$350.00	$360.00	Jul 17	$0.45	$9.55	21.22
$402.50	$405.00	$407.50	Jul 17	$0.13	$2.37	18.23
$342.50	$345.00	$347.50	Jul 24	$0.15	$2.35	15.67
$427.50	$430.00	$432.50	Jul 24	$0.15	$2.35	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$355.00	$360.00	$365.00	Aug 7	$0.05	$4.95	99.00
$407.50	$410.00	$412.50	Jul 17	$0.05	$2.45	49.00
$340.00	$345.00	$350.00	Aug 14	$0.15	$4.85	32.33
$360.00	$365.00	$370.00	Aug 28	$0.15	$4.85	32.33
$397.50	$400.00	$402.50	Jul 17	$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. 51 found (best net $-1.60, 43 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$345.00	$390.00	1:2	Jul 31	-$1.60	$43.40
$400.00	$450.00	1:2	Aug 28	-$11.45	$38.55
$390.00	$430.00	1:2	Aug 7	-$5.50	$34.50
$360.00	$390.00	1:2	Aug 7	-$19.45	$10.55
$410.00	$430.00	1:2	Aug 14	-$13.60	$6.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$330.00	$320.00	1:2	Jul 17	-$0.22	$9.78
$350.00	$340.00	1:2	Jul 17	-$0.65	$9.35
$335.00	$330.00	1:2	Jul 17	-$0.11	$4.89
$380.00	$375.00	1:2	Jul 17	-$1.85	$3.15
$325.00	$315.00	1:2	Aug 14	-$7.20	$2.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 10.34%, avg 3.18%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$390.00	Aug 21	$40.20	0.55	0.3%	10.34%	10.65%	18	10
$400.00	Aug 28	$39.70	0.53	2.9%	10.21%	13.09%	1	1
$400.00	Aug 21	$36.70	0.51	2.9%	9.44%	12.32%	5	9
$410.00	Aug 21	$33.10	0.48	5.5%	8.51%	13.96%	4	378
$390.00	Aug 7	$30.00	0.54	0.3%	7.72%	8.02%	5	1
$405.00	Aug 14	$29.40	0.49	4.2%	7.56%	11.73%	8	--
$420.00	Aug 21	$29.20	0.45	8.0%	7.51%	15.53%	--	24
$410.00	Aug 14	$27.90	0.47	5.5%	7.18%	12.63%	2	1
$390.00	Jul 31	$26.90	0.53	0.3%	6.92%	7.22%	2	11
$430.00	Aug 21	$26.30	0.41	10.6%	6.76%	17.36%	--	49

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 7,388

Total Puts 8,499

Put/Call Ratio 1.15

Net Difference -1,111

Prior's Put/Call Breakdown

Total Calls 6,833

Total Puts 13,025

Put/Call Ratio 1.91

Net Difference -6,192

Prior 7-Day Put/Call Summary

Total Calls 39,805

Total Puts 47,772

Average Put/Call Ratio 1.40

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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