CIEN - Options Database

CIEN

CIENA CORP

$463.44 -5.53%

(6/30 18:01) ◀

Wednesday, July 1, 2026 (3:05pm)

▶ (7/1 18:01)

◀ 7/1 15:05 ▶

Option Volume

Detail

ℹ

Current (07/01 3:05pm) 6,251

Calls: 4,177 (67%)

Puts: 2,074 (33%)

Prior (06/30) 11,548

Calls: 4,201 (36%)

Puts: 7,347 (64%)

Current vs Prior -45.87%

Calls: -0.57% (Calls)

Puts: -71.77% (Puts)

Prior 7-Day Total 75,678

Calls: 42,523 (56%)

Puts: 33,155 (44%)

Prior 7-Day Average 10,811

Calls: 6,074 (56%)

Puts: 4,736 (44%)

Current vs Prior 7-Day Avg -42.18%

Calls: -31.24%

Puts: -56.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/01 3:05pm) $23.49M

Calls: $20.03M (85%)

Puts: $3.46M (15%)

Prior (06/30) $20.11M

Calls: $14.29M (71%)

Puts: $5.81M (29%)

Current vs Prior +16.82%

Calls: +40.13%

Puts: -40.48%

Prior 7-Day Total $165.10M

Calls: $119.70M (72%)

Puts: $45.41M (28%)

Prior 7-Day Average $23.59M

Calls: $17.10M (72%)

Puts: $6.49M (28%)

Current vs Prior 7-Day Avg -0.40%

Calls: +17.14%

Puts: -46.64%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/01 3:05pm) 0.50

Prior (06/30) 1.75

Current vs Prior -71.61%

Prior 7-Day Average 0.83

Current vs Prior 7-Day Avg -40.54%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/01 3:05pm) 100,545

Calls: 46,924 (47%)

Puts: 53,621 (53%)

Prior (06/30) 89,896

Calls: 45,130 (50%)

Puts: 44,766 (50%)

Current vs Prior +11.85%

Prior 7-Day Total 654,923

Calls: 343,070 (52%)

Puts: 311,853 (48%)

Prior 7-Day Average 93,560

Calls: 49,010 (52%)

Puts: 44,550 (48%)

Current vs Prior 7-Day Avg +7.47%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)

Current 10.55% | 14.15%10.55% | 14.15%14.15% | 25.56%

Prior 7.56% | 13.16%-- | ---- | --

Current vs Prior -43.92% | -19.79%-- | ---- | --

Prior 7-Day Avg 6.29% | 11.35%-- | ---- | --

Current vs 7-Day Avg -32.63% | -7.06%-- | ---- | --

Prior 7-Day Eod 7.56% | 13.16%-- | ---- | --

Current vs 7-Day Eod -43.92% | -19.79%-- | ---- | --

Sentiment BULLISH----

Relative Spread

Detail

ℹ

Expiry | Next

Current 32.12% | 18.43%

Calls: 24.24% | 19.25%

Puts: 40.00% | 17.60%

Prior 43.55% | 28.30%

Calls: 49.71% | 28.38%

Puts: 37.40% | 28.21%

Current vs Prior -26.25% | -34.88%

Prior 7-Day Avg 65.25% | 24.91%

Calls: 87.62% | 24.59%

Puts: 42.88% | 25.23%

Current vs 7-Day Avg -50.78% | -26.01%

Liquidity Expensive

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Strong bullish conviction with 85% of dollar volume in calls ($20.03M) vs puts ($3.46M). Below-average activity with volume down 46% vs prior. Extreme bullish P/C ratio of 0.50 - heavy call buying (4,177 calls vs 2,074 puts). P/C ratio dropping 72% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

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

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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 48 of results (avg 8.3%, best 5.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Jul 17	87.00	92.00	$89.50	5.6%	1	0.87	51
$385.00	Jul 24	85.50	92.00	$88.75	7.3%	--	0.82	22
$400.00	Jul 24	74.20	80.00	$77.10	7.5%	--	0.78	39
$390.00	Jul 17	77.70	84.00	$80.85	7.8%	--	0.84	64
$452.50	Jul 2	15.60	16.90	$16.25	8.0%	23	0.68	76

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$465.00	Jul 17	31.20	32.80	$32.00	5.0%	1	0.47	5
$470.00	Jul 17	33.60	35.70	$34.65	6.1%	3	0.50	669
$460.00	Jul 17	28.50	30.30	$29.40	6.1%	10	0.45	158
$525.00	Jul 31	80.00	85.30	$82.65	6.4%	3	0.66	4
$490.00	Jul 31	57.10	61.00	$59.05	6.6%	--	0.54	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. 142 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Jul 2	69.00	76.00	$72.50	9.7%	--	0.99	11
$380.00	Jul 2	79.00	86.00	$82.50	8.5%	--	0.99	12
$375.00	Jul 2	84.00	91.00	$87.50	8.0%	1	0.98	9
$387.50	Jul 2	71.00	79.00	$75.00	10.7%	--	0.98	16
$377.50	Jul 2	81.00	89.00	$85.00	9.4%	1	0.98	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$525.00	Jul 2	59.10	66.00	$62.55	11.0%	--	1.00	41
$530.00	Jul 2	64.30	71.00	$67.65	9.9%	--	1.00	10
$540.00	Jul 2	74.20	81.00	$77.60	8.8%	--	1.00	13
$545.00	Jul 2	79.20	86.00	$82.60	8.2%	--	1.00	37
$550.00	Jul 2	83.80	91.00	$87.40	8.2%	--	1.00	13

Most actively traded options today. High liquidity = easy entry/exit. 242 active (total vol 2.5K, top 198)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$465.00	Jul 2	7.50	9.90	$8.70	27.6%	198	0.49	89
$490.00	Jul 17	19.40	22.30	$20.85	13.9%	106	0.40	704
$500.00	Jul 2	0.80	1.55	$1.18	63.6%	85	0.10	334
$550.00	Jul 10	2.05	3.40	$2.72	49.6%	50	0.10	35
$485.00	Jul 2	1.50	3.20	$2.35	72.3%	48	0.19	150

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$480.00	Jul 2	17.20	24.50	$20.85	35.0%	151	0.75	28
$390.00	Jul 2	0.05	0.10	$0.08	62.5%	114	0.01	607
$405.00	Jul 2	0.15	0.85	$0.50	140.0%	71	0.04	171
$420.00	Jul 2	0.40	0.95	$0.68	80.9%	44	0.05	463
$400.00	Jul 2	0.15	0.65	$0.40	125.0%	43	0.03	397

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 86 strikes (avg 44.6%, max 120.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$385.00	Jul 2	Jul 24	174.8%	87.8%	99.0%	--	37
$505.00	Jul 2	Jul 24	163.7%	84.3%	94.2%	40	97
$380.00	Jul 2	Jul 17	170.6%	88.2%	93.4%	1	63
$425.00	Jul 2	Jul 17	154.0%	81.5%	88.9%	--	162
$555.00	Jul 2	Jul 31	159.5%	85.5%	86.6%	--	42

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$395.00	Jul 2	Jul 31	191.8%	87.1%	120.2%	23	61
$375.00	Jul 2	Jul 31	188.9%	87.6%	115.7%	14	350
$385.00	Jul 2	Jul 31	174.8%	85.5%	104.5%	20	96
$505.00	Jul 2	Jul 17	163.7%	81.5%	100.7%	7	30
$380.00	Jul 2	Aug 7	170.6%	85.6%	99.4%	19	114

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 219 found (best R:R 24.00, avg 3.08)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$545.00	$550.00	Jul 2	$0.20	$4.80	$0.20	24.00	$545.20
$457.50	$460.00	Jul 10	$0.10	$2.40	$0.10	24.00	$457.60
$487.50	$490.00	Jul 2	$0.12	$2.38	$0.12	19.83	$487.62
$517.50	$520.00	Jul 2	$0.18	$2.32	$0.18	12.89	$517.68
$512.50	$515.00	Jul 2	$0.20	$2.30	$0.20	11.50	$512.70

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$440.00	$437.50	Jul 2	$0.15	$2.35	$0.15	15.67	$439.85
$380.00	$375.00	Jul 10	$0.33	$4.67	$0.33	14.15	$379.67
$380.00	$375.00	Jul 24	$0.35	$4.65	$0.35	13.29	$379.65
$407.50	$405.00	Jul 2	$0.20	$2.30	$0.20	11.50	$407.30
$407.50	$405.00	Jul 10	$0.20	$2.30	$0.20	11.50	$407.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 285 found (best R:R 49.00, avg 2.14)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$402.50	$410.00	Jul 2	$7.30	$7.30	$0.20	36.50	$409.80
$410.00	$415.00	Jul 2	$4.75	$4.75	$0.25	19.00	$414.75
$415.00	$425.00	Jul 2	$9.45	$9.45	$0.55	17.18	$424.45
$380.00	$385.00	Jul 2	$4.70	$4.70	$0.30	15.67	$384.70
$397.50	$400.00	Jul 2	$2.35	$2.35	$0.15	15.67	$399.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$500.00	$495.00	Jul 2	$4.90	$4.90	$0.10	49.00	$495.10
$487.50	$485.00	Jul 2	$2.40	$2.40	$0.10	24.00	$485.10
$550.00	$545.00	Jul 2	$4.80	$4.80	$0.20	24.00	$545.20
$515.00	$510.00	Jul 2	$4.60	$4.60	$0.40	11.50	$510.40
$525.00	$520.00	Jul 10	$4.50	$4.50	$0.50	9.00	$520.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 86 found (avg debit $9.59, cheapest $1.90)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$555.00	Jul 2	Jul 10	$2.52	159.5%	86.2%
$550.00	Jul 2	Jul 10	$2.57	140.4%	82.5%
$545.00	Jul 2	Jul 10	$3.40	151.4%	86.7%
$385.00	Jul 2	Jul 10	$3.50	174.8%	93.5%
$542.50	Jul 2	Jul 10	$3.72	149.4%	87.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$550.00	Jul 2	Jul 10	$1.90	140.4%	82.5%
$375.00	Jul 2	Jul 10	$2.02	188.9%	95.0%
$372.50	Jul 2	Jul 10	$2.37	194.0%	100.9%
$380.00	Jul 2	Jul 10	$2.43	170.6%	93.4%
$540.00	Jul 2	Jul 10	$2.80	148.8%	87.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 3.98% of stock, avg 13.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$465.00	Jul 2	$8.70	$9.75	$18.45	$446.55	$483.45	3.98%
$462.50	Jul 2	$9.90	$8.85	$18.75	$443.75	$481.25	4.05%
$460.00	Jul 2	$11.10	$7.85	$18.95	$441.05	$478.95	4.09%
$467.50	Jul 2	$7.65	$11.60	$19.25	$448.25	$486.75	4.15%
$472.50	Jul 2	$5.45	$13.95	$19.40	$453.10	$491.90	4.19%
$470.00	Jul 2	$6.45	$13.00	$19.45	$450.55	$489.45	4.20%
$455.00	Jul 2	$14.40	$5.80	$20.20	$434.80	$475.20	4.36%
$475.00	Jul 2	$4.55	$16.75	$21.30	$453.70	$496.30	4.60%
$452.50	Jul 2	$16.25	$5.25	$21.50	$431.00	$474.00	4.64%
$450.00	Jul 2	$17.40	$4.35	$21.75	$428.25	$471.75	4.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 2.11% of stock, avg 10.72%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$475.00	$452.50	Jul 2	$4.55	$5.25	$9.80	$442.70	$484.80
$475.00	$455.00	Jul 2	$4.55	$5.80	$10.35	$444.65	$485.35
$472.50	$452.50	Jul 2	$5.45	$5.25	$10.70	$441.80	$483.20
$472.50	$455.00	Jul 2	$5.45	$5.80	$11.25	$443.75	$483.75
$475.00	$457.50	Jul 2	$4.55	$6.90	$11.45	$446.05	$486.45
$470.00	$452.50	Jul 2	$6.45	$5.25	$11.70	$440.80	$481.70
$470.00	$455.00	Jul 2	$6.45	$5.80	$12.25	$442.75	$482.25
$472.50	$457.50	Jul 2	$5.45	$6.90	$12.35	$445.15	$484.85
$475.00	$460.00	Jul 2	$4.55	$7.85	$12.40	$447.60	$487.40
$467.50	$452.50	Jul 2	$7.65	$5.25	$12.90	$439.60	$480.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 345 found (best R:R 49.00, avg credit $5.75)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
390/395	425/430	Jul 17	$4.90	$0.10	49.00	$390.10	$429.90
390/395	465/470	Jul 31	$4.90	$0.10	49.00	$390.10	$469.90
440/445	465/470	Jul 31	$4.90	$0.10	49.00	$440.10	$469.90
400/402	450/455	Jul 10	$4.88	$0.12	40.67	$397.62	$454.88
420/425	430/435	Jul 17	$4.85	$0.15	32.33	$420.15	$434.85
425/430	465/470	Jul 24	$4.85	$0.15	32.33	$425.15	$469.85
420/430	450/460	Jul 31	$9.70	$0.30	32.33	$420.30	$459.70
385/390	465/470	Jul 31	$4.80	$0.20	24.00	$385.20	$469.80
400/402	410/420	Jul 10	$9.53	$0.47	20.28	$392.97	$419.53
395/400	440/445	Jul 10	$4.75	$0.25	19.00	$395.25	$444.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 199.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$530.00	$540.00	$550.00	Jul 17	$0.05	$9.95	199.00
$387.50	$390.00	$392.50	Jul 2	$0.05	$2.45	49.00
$505.00	$510.00	$515.00	Jul 10	$0.10	$4.90	49.00
$510.00	$515.00	$520.00	Jul 10	$0.10	$4.90	49.00
$510.00	$515.00	$520.00	Jul 24	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$390.00	$395.00	$400.00	Jul 10	$0.05	$4.95	99.00
$510.00	$520.00	$530.00	Jul 17	$0.10	$9.90	99.00
$380.00	$382.50	$385.00	Jul 2	$0.05	$2.45	49.00
$442.50	$445.00	$447.50	Jul 2	$0.05	$2.45	49.00
$457.50	$460.00	$462.50	Jul 2	$0.05	$2.45	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. 72 found (best net $-5.20, 64 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$480.00	$540.00	1:2	Aug 7	-$5.20	$54.80
$420.00	$460.00	1:2	Aug 7	-$29.95	$10.05
$525.00	$540.00	1:2	Jul 24	-$9.15	$5.85
$540.00	$550.00	1:2	Jul 17	-$5.30	$4.70
$535.00	$540.00	1:2	Jul 2	-$0.41	$4.59

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$430.00	$400.00	1:2	Aug 7	-$9.35	$20.65
$400.00	$380.00	1:2	Aug 7	-$10.70	$9.30
$380.00	$375.00	1:2	Jul 10	-$1.97	$3.03
$382.50	$380.00	1:2	Jul 2	-$0.15	$2.35
$385.00	$382.50	1:2	Jul 2	-$0.15	$2.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 97 found (best yield 9.54%, avg 3.20%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$470.00	Aug 7	$44.20	0.53	1.4%	9.54%	10.95%	3	--
$465.00	Aug 7	$44.00	0.55	0.3%	9.49%	9.83%	12	--
$465.00	Jul 31	$41.80	0.55	0.3%	9.02%	9.36%	1	3
$475.00	Aug 7	$41.00	0.51	2.5%	8.85%	11.34%	--	10
$470.00	Jul 31	$39.20	0.53	1.4%	8.46%	9.87%	--	11
$480.00	Aug 7	$38.20	0.50	3.6%	8.24%	11.82%	--	16
$475.00	Jul 31	$37.50	0.51	2.5%	8.09%	10.59%	6	9
$465.00	Jul 24	$35.40	0.53	0.3%	7.64%	7.98%	--	13
$480.00	Jul 31	$34.60	0.49	3.6%	7.47%	11.04%	--	13
$470.00	Jul 24	$33.20	0.51	1.4%	7.16%	8.58%	--	81

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 4,177

Total Puts 2,074

Put/Call Ratio 0.50

Net Difference 2,103

Prior's Put/Call Breakdown

Total Calls 4,201

Total Puts 7,347

Put/Call Ratio 1.75

Net Difference -3,146

Prior 7-Day Put/Call Summary

Total Calls 42,523

Total Puts 33,155

Average Put/Call Ratio 0.83

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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