CIEN - Options Database

CIEN

CIENA CORP

$378.77 +1.16%

$380.72 (+0.51%)🌙

as of 07/20 06:01 PM

(7/20 15:05) ◀

Monday, July 20, 2026 (6:01pm)

▶

◀ 7/20 18:01

Option Volume

Detail

ℹ

Current (07/20) 6,932

Calls: 3,873 (56%)

Puts: 3,059 (44%)

Prior (07/17) 10,225

Calls: 4,366 (43%)

Puts: 5,859 (57%)

Current vs Prior -32.21%

Calls: -11.29% (Calls)

Puts: -47.79% (Puts)

Prior 7-Day Total 94,566

Calls: 41,386 (44%)

Puts: 53,180 (56%)

Prior 7-Day Average 13,509

Calls: 5,912 (44%)

Puts: 7,597 (56%)

Current vs Prior 7-Day Avg -48.69%

Calls: -34.49%

Puts: -59.73%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/20) $16.96M

Calls: $8.23M (49%)

Puts: $8.73M (51%)

Prior (07/17) $23.54M

Calls: $8.42M (36%)

Puts: $15.11M (64%)

Current vs Prior -27.95%

Calls: -2.29%

Puts: -42.25%

Prior 7-Day Total $215.99M

Calls: $98.06M (45%)

Puts: $117.94M (55%)

Prior 7-Day Average $30.86M

Calls: $14.01M (45%)

Puts: $16.85M (55%)

Current vs Prior 7-Day Avg -45.04%

Calls: -41.25%

Puts: -48.19%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/20) 0.79

Prior (07/17) 1.34

Current vs Prior -41.14%

Prior 7-Day Average 1.50

Current vs Prior 7-Day Avg -47.29%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/20) 93,320

Calls: 44,277 (47%)

Puts: 49,043 (53%)

Prior (07/17) 119,885

Calls: 57,885 (48%)

Puts: 62,000 (52%)

Current vs Prior -22.16%

Prior 7-Day Total 757,149

Calls: 371,163 (49%)

Puts: 385,986 (51%)

Prior 7-Day Average 108,164

Calls: 53,023 (49%)

Puts: 55,140 (51%)

Current vs Prior 7-Day Avg -13.72%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 10.03% | 13.93%22.48% | 32.61%

Prior 10.91% | 15.42%2.78% | 24.26%

Current vs Prior -8.05% | -9.71%+709.33% | +34.37%

Prior 7-Day Avg 7.62% | 12.52%7.28% | 23.55%

Current vs 7-Day Avg +31.60% | +11.20%+208.71% | +38.45%

Prior 7-Day Eod 10.91% | 15.42%2.78% | 24.26%

Current vs 7-Day Eod -8.05% | -9.71%+709.33% | +34.37%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.91% | 11.55%

Calls: 19.53% | 10.06%

Puts: 18.28% | 13.04%

Prior 157.33% | 13.62%

Calls: 101.45% | 15.01%

Puts: 213.21% | 12.22%

Current vs Prior -87.98% | -15.20%

Prior 7-Day Avg 58.42% | 17.61%

Calls: 44.27% | 17.24%

Puts: 72.57% | 17.98%

Current vs 7-Day Avg -67.63% | -34.41%

Liquidity Expensive

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🤖 AI Insights

P/C ratio dropping 41% - sentiment shifting bullish. Declining open interest (down 22%) indicates positions being closed.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Current BULLISH

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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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

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⚖️ 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 34 of results (avg 8.2%, best 4.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Aug 21	39.30	42.60	$40.95	8.1%	5	0.55	22
$350.00	Aug 21	54.30	59.10	$56.70	8.5%	3	0.66	93
$355.00	Aug 21	52.10	56.90	$54.50	8.8%	2	0.64	--
$405.00	Aug 21	29.20	31.90	$30.55	8.8%	53	0.45	--
$365.00	Aug 21	45.50	49.90	$47.70	9.2%	2	0.60	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Aug 21	64.80	67.50	$66.15	4.1%	--	0.60	161
$410.00	Aug 21	57.90	61.30	$59.60	5.7%	--	0.56	100
$400.00	Aug 14	47.50	50.30	$48.90	5.7%	4	0.54	15
$400.00	Aug 21	51.50	54.70	$53.10	6.0%	12	0.53	402
$450.00	Aug 28	88.00	93.70	$90.85	6.3%	2	0.65	--

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. 118 found (avg delta 0.67, highest 0.92)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$305.00	Jul 31	74.00	83.00	$78.50	11.5%	--	0.89	25
$330.00	Jul 24	48.00	56.00	$52.00	15.4%	50	0.88	66
$310.00	Jul 31	70.00	79.00	$74.50	12.1%	10	0.86	3
$305.00	Aug 7	77.20	86.00	$81.60	10.8%	2	0.85	7
$320.00	Jul 31	61.90	70.00	$65.95	12.3%	10	0.83	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$445.00	Jul 24	64.00	71.20	$67.60	10.7%	--	0.92	37
$450.00	Jul 24	69.00	76.70	$72.85	10.6%	1	0.92	42
$440.00	Jul 24	59.00	66.50	$62.75	12.0%	--	0.91	21
$435.00	Jul 24	55.00	62.50	$58.75	12.8%	7	0.90	71
$447.50	Jul 24	66.00	74.40	$70.20	12.0%	--	0.90	23

Most actively traded options today. High liquidity = easy entry/exit. 240 active (total vol 2.7K, top 152)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Jul 24	0.00	2.10	$1.05	200.0%	91	0.06	46
$392.50	Jul 31	18.50	23.40	$20.95	23.4%	89	0.46	2
$430.00	Jul 24	2.10	3.20	$2.65	41.5%	85	0.13	58
$420.00	Jul 24	3.40	6.10	$4.75	56.8%	57	0.20	38
$350.00	Jul 24	33.40	40.00	$36.70	18.0%	56	0.76	76

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Jul 31	12.80	19.70	$16.25	42.5%	152	0.32	20
$310.00	Jul 31	3.10	9.70	$6.40	103.1%	91	0.14	4.9K
$330.00	Aug 21	16.00	21.70	$18.85	30.2%	88	0.26	299
$330.00	Jul 24	2.20	3.40	$2.80	42.9%	60	0.12	39
$310.00	Jul 24	0.60	1.50	$1.05	85.7%	59	0.05	266

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 67 strikes (avg 20.1%, max 47.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$360.00	Jul 24	Aug 28	124.0%	93.3%	32.9%	5	51
$365.00	Jul 24	Aug 28	123.7%	93.1%	32.9%	12	24
$330.00	Jul 24	Aug 7	117.9%	93.3%	26.3%	100	66
$340.00	Jul 24	Aug 28	119.1%	94.3%	26.3%	4	7
$320.00	Jul 31	Aug 21	117.0%	93.1%	25.6%	13	11

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$335.00	Jul 24	Aug 28	139.6%	95.0%	47.0%	--	86
$320.00	Jul 24	Aug 28	133.2%	96.7%	37.7%	1	48
$325.00	Jul 24	Aug 28	129.5%	96.5%	34.1%	18	47
$360.00	Jul 24	Aug 28	124.0%	93.3%	32.9%	9	147
$365.00	Jul 24	Aug 28	123.7%	93.1%	32.9%	6	57

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 178 found (best R:R 49.00, avg 3.72)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$365.00	$370.00	Aug 21	$0.10	$4.90	$0.10	49.00	$365.10
$405.00	$410.00	Jul 31	$0.15	$4.85	$0.15	32.33	$405.15
$430.00	$435.00	Aug 7	$0.15	$4.85	$0.15	32.33	$430.15
$390.00	$392.50	Jul 31	$0.10	$2.40	$0.10	24.00	$390.10
$440.00	$442.50	Jul 24	$0.15	$2.35	$0.15	15.67	$440.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$340.00	$335.00	Aug 14	$0.15	$4.85	$0.15	32.33	$339.85
$307.50	$305.00	Jul 24	$0.15	$2.35	$0.15	15.67	$307.35
$317.50	$315.00	Jul 24	$0.15	$2.35	$0.15	15.67	$317.35
$322.50	$320.00	Jul 24	$0.17	$2.33	$0.17	13.71	$322.33
$320.00	$315.00	Aug 14	$0.35	$4.65	$0.35	13.29	$319.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 247 found (best R:R 49.00, avg 2.15)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$365.00	Aug 21	$4.90	$4.90	$0.10	49.00	$364.90
$360.00	$365.00	Aug 28	$4.40	$4.40	$0.60	7.33	$364.40
$407.50	$410.00	Jul 24	$2.15	$2.15	$0.35	6.14	$409.65
$310.00	$320.00	Jul 31	$8.55	$8.55	$1.45	5.90	$318.55
$372.50	$377.50	Jul 31	$4.25	$4.25	$0.75	5.67	$376.75

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$445.00	$440.00	Jul 24	$4.85	$4.85	$0.15	32.33	$440.15
$435.00	$430.00	Aug 28	$4.85	$4.85	$0.15	32.33	$430.15
$420.00	$415.00	Jul 31	$4.75	$4.75	$0.25	19.00	$415.25
$390.00	$387.50	Aug 7	$2.35	$2.35	$0.15	15.67	$387.65
$450.00	$440.00	Aug 21	$9.10	$9.10	$0.90	10.11	$440.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 71 found (avg debit $8.22, cheapest $3.10)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$305.00	Jul 31	Aug 7	$3.10	116.3%	102.5%
$450.00	Jul 24	Jul 31	$3.95	104.2%	92.9%
$432.50	Jul 24	Jul 31	$4.80	108.3%	91.5%
$445.00	Jul 24	Jul 31	$4.92	97.4%	94.2%
$335.00	Aug 7	Aug 21	$5.80	98.5%	93.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$305.00	Jul 24	Jul 31	$3.85	126.1%	116.3%
$325.00	Jul 24	Jul 31	$4.27	129.5%	107.3%
$327.50	Jul 24	Jul 31	$4.35	138.5%	110.7%
$315.00	Jul 24	Jul 31	$4.55	124.9%	113.2%
$450.00	Jul 24	Jul 31	$4.65	104.2%	92.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 9.25% of stock, avg 17.95%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$385.00	Jul 24	$14.70	$20.35	$35.05	$349.95	$420.05	9.25%
$370.00	Jul 24	$22.95	$13.40	$36.35	$333.65	$406.35	9.60%
$380.00	Jul 24	$17.65	$18.70	$36.35	$343.65	$416.35	9.60%
$390.00	Jul 24	$12.30	$24.15	$36.45	$353.55	$426.45	9.62%
$387.50	Jul 24	$14.90	$23.95	$38.85	$348.65	$426.35	10.26%
$400.00	Jul 24	$9.00	$29.95	$38.95	$361.05	$438.95	10.28%
$395.00	Jul 24	$10.70	$28.35	$39.05	$355.95	$434.05	10.31%
$365.00	Jul 24	$26.25	$12.90	$39.15	$325.85	$404.15	10.34%
$397.50	Jul 24	$10.35	$29.35	$39.70	$357.80	$437.20	10.48%
$355.00	Jul 24	$32.00	$7.85	$39.85	$315.15	$394.85	10.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 6.65% of stock, avg 14.33%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$390.00	$365.00	Jul 24	$12.30	$12.90	$25.20	$339.80	$415.20
$392.50	$365.00	Jul 24	$12.60	$12.90	$25.50	$339.50	$418.00
$390.00	$370.00	Jul 24	$12.30	$13.40	$25.70	$344.30	$415.70
$392.50	$370.00	Jul 24	$12.60	$13.40	$26.00	$344.00	$418.50
$385.00	$365.00	Jul 24	$14.70	$12.90	$27.60	$337.40	$412.60
$387.50	$365.00	Jul 24	$14.90	$12.90	$27.80	$337.20	$415.30
$390.00	$372.50	Jul 24	$12.30	$15.50	$27.80	$344.70	$417.80
$385.00	$370.00	Jul 24	$14.70	$13.40	$28.10	$341.90	$413.10
$392.50	$372.50	Jul 24	$12.60	$15.50	$28.10	$344.40	$420.60
$387.50	$370.00	Jul 24	$14.90	$13.40	$28.30	$341.70	$415.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 339 found (best R:R 37.46, avg credit $5.71)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
325/328	340/345	Jul 24	$4.87	$0.13	37.46	$322.63	$344.87
328/330	372/378	Jul 31	$4.85	$0.15	32.33	$325.15	$377.35
332/335	365/370	Jul 24	$4.80	$0.20	24.00	$330.20	$369.80
320/325	350/355	Aug 7	$4.80	$0.20	24.00	$320.20	$354.80
320/325	340/350	Aug 28	$9.55	$0.45	21.22	$315.45	$349.55
330/335	340/350	Aug 28	$9.55	$0.45	21.22	$325.45	$349.55
332/335	372/378	Jul 31	$4.75	$0.25	19.00	$330.25	$377.25
335/340	355/360	Aug 7	$4.75	$0.25	19.00	$335.25	$359.75
305/310	320/335	Aug 21	$14.20	$0.80	17.75	$295.80	$334.20
325/328	345/350	Jul 24	$4.72	$0.28	16.86	$322.78	$349.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 found (best R:R 49.00, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$430.00	$435.00	$440.00	Aug 21	$0.10	$4.90	49.00
$340.00	$345.00	$350.00	Jul 24	$0.15	$4.85	32.33
$440.00	$442.50	$445.00	Jul 24	$0.08	$2.42	30.25
$360.00	$365.00	$370.00	Jul 24	$0.30	$4.70	15.67
$350.00	$355.00	$360.00	Aug 21	$0.30	$4.70	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$340.00	$345.00	$350.00	Aug 14	$0.10	$4.90	49.00
$320.00	$322.50	$325.00	Jul 24	$0.06	$2.44	40.67
$330.00	$332.50	$335.00	Jul 24	$0.12	$2.38	19.83
$325.00	$330.00	$335.00	Aug 28	$0.25	$4.75	19.00
$400.00	$405.00	$410.00	Aug 14	$0.40	$4.60	11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-13.50, 23 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$390.00	$410.00	1:2	Aug 7	-$13.50	$6.50
$440.00	$450.00	1:2	Aug 7	-$4.80	$5.20
$320.00	$347.50	1:2	Jul 31	-$24.35	$3.15
$432.50	$435.00	1:2	Jul 24	-$0.05	$2.45
$447.50	$450.00	1:2	Jul 24	-$0.35	$2.15

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$310.00	$305.00	1:2	Jul 31	-$3.10	$1.90
$307.50	$305.00	1:2	Jul 24	-$0.75	$1.75
$312.50	$310.00	1:2	Jul 24	-$0.75	$1.75
$320.00	$317.50	1:2	Jul 24	-$0.82	$1.68
$310.00	$307.50	1:2	Jul 24	-$1.05	$1.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 11.35%, avg 3.82%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$380.00	Aug 28	$43.00	0.56	0.3%	11.35%	11.68%	2	1
$380.00	Aug 21	$39.30	0.55	0.3%	10.38%	10.70%	5	22
$385.00	Aug 21	$36.90	0.53	1.6%	9.74%	11.39%	11	--
$387.50	Aug 21	$35.90	0.52	2.3%	9.48%	11.78%	17	--
$390.00	Aug 21	$34.80	0.51	3.0%	9.19%	12.15%	13	35
$400.00	Aug 28	$34.20	0.49	5.6%	9.03%	14.63%	1	2
$392.50	Aug 21	$33.80	0.50	3.6%	8.92%	12.55%	1	--
$405.00	Aug 28	$32.90	0.47	6.9%	8.69%	15.61%	1	2
$395.00	Aug 21	$31.70	0.49	4.3%	8.37%	12.65%	1	--
$397.50	Aug 21	$31.60	0.48	4.9%	8.34%	13.29%	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 3,873

Total Puts 3,059

Put/Call Ratio 0.79

Net Difference 814

Prior's Put/Call Breakdown

Total Calls 4,366

Total Puts 5,859

Put/Call Ratio 1.34

Net Difference -1,493

Prior 7-Day Put/Call Summary

Total Calls 41,386

Total Puts 53,180

Average Put/Call Ratio 1.50

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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