CIEN - Options Database

CIEN

CIENA CORP

$417.75 -9.66%

(7/1 18:01) ◀

Thursday, July 2, 2026 (3:05pm)

▶ (7/2 18:01)

◀ 7/2 15:05 ▶

Option Volume

Detail

ℹ

Current (07/02 3:05pm) 14,241

Calls: 7,962 (56%)

Puts: 6,279 (44%)

Prior (07/01) 6,251

Calls: 4,177 (67%)

Puts: 2,074 (33%)

Current vs Prior +127.82%

Calls: +90.62% (Calls)

Puts: +202.75% (Puts)

Prior 7-Day Total 74,760

Calls: 42,229 (56%)

Puts: 32,531 (44%)

Prior 7-Day Average 10,680

Calls: 6,032 (56%)

Puts: 4,647 (44%)

Current vs Prior 7-Day Avg +33.34%

Calls: +31.98%

Puts: +35.11%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/02 3:05pm) $23.26M

Calls: $8.99M (39%)

Puts: $14.27M (61%)

Prior (07/01) $23.49M

Calls: $20.03M (85%)

Puts: $3.46M (15%)

Current vs Prior -1.00%

Calls: -55.12%

Puts: +312.19%

Prior 7-Day Total $161.47M

Calls: $120.56M (75%)

Puts: $40.91M (25%)

Prior 7-Day Average $23.07M

Calls: $17.22M (75%)

Puts: $5.84M (25%)

Current vs Prior 7-Day Avg +0.82%

Calls: -47.80%

Puts: +144.08%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/02 3:05pm) 0.79

Prior (07/01) 0.50

Current vs Prior +58.83%

Prior 7-Day Average 0.83

Current vs Prior 7-Day Avg -5.16%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/02 3:05pm) 99,522

Calls: 49,189 (49%)

Puts: 50,333 (51%)

Prior (07/01) 100,545

Calls: 46,924 (47%)

Puts: 53,621 (53%)

Current vs Prior -1.02%

Prior 7-Day Total 642,223

Calls: 330,233 (51%)

Puts: 311,990 (49%)

Prior 7-Day Average 91,746

Calls: 47,176 (51%)

Puts: 44,570 (49%)

Current vs Prior 7-Day Avg +8.48%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (07/02) | Next (07/10)Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)

Current 1.96% | 10.68%10.68% | 14.33%10.68% | 14.33%14.33% | 26.61%

Prior 5.76% | 11.97%-- | ---- | ---- | --

Current vs Prior -65.93% | -10.85%-- | ---- | ---- | --

Prior 7-Day Avg 6.44% | 11.54%-- | ---- | ---- | --

Current vs 7-Day Avg -69.52% | -7.46%-- | ---- | ---- | --

Prior 7-Day Eod 5.76% | 11.97%-- | ---- | ---- | --

Current vs 7-Day Eod -65.93% | -10.85%-- | ---- | ---- | --

Sentiment BULLISH------

Relative Spread

Detail

ℹ

Expiry | Next

Current 191.08% | 17.75%

Calls: 163.41% | 24.45%

Puts: 218.75% | 11.06%

Prior 24.05% | 22.70%

Calls: 26.02% | 20.91%

Puts: 22.07% | 24.49%

Current vs Prior +694.51% | -21.81%

Prior 7-Day Avg 61.80% | 24.43%

Calls: 81.39% | 23.97%

Puts: 42.21% | 24.89%

Current vs 7-Day Avg +209.18% | -27.34%

Liquidity Expensive

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Moderately bearish flow with 61% put dollar volume ($14.27M). Unusually high activity with volume up 128% vs prior - elevated interest. P/C ratio rising 59% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

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

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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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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 57 of results (avg 7.5%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$345.00	Jul 24	80.80	87.00	$83.90	7.4%	--	0.85	10
$400.00	Jul 10	29.70	32.10	$30.90	7.8%	72	0.67	34
$400.00	Jul 24	43.00	46.60	$44.80	8.0%	--	0.63	39
$350.00	Jul 24	76.50	83.00	$79.75	8.2%	--	0.83	24
$340.00	Jul 17	80.40	88.00	$84.20	9.0%	--	0.90	19

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$425.00	Jul 24	37.30	38.90	$38.10	4.2%	3	0.48	13
$420.00	Jul 31	39.60	41.40	$40.50	4.4%	8	0.46	19
$460.00	Jul 24	59.00	61.70	$60.35	4.5%	1	0.63	126
$450.00	Jul 24	52.40	54.90	$53.65	4.7%	5	0.59	14
$435.00	Jul 24	43.00	45.10	$44.05	4.8%	--	0.53	70

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. 150 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$385.00	Jul 2	31.00	38.00	$34.50	20.3%	--	0.97	15
$387.50	Jul 2	28.60	35.00	$31.80	20.1%	--	0.97	16
$390.00	Jul 2	25.90	33.00	$29.45	24.1%	6	0.97	11
$392.50	Jul 2	22.00	30.00	$26.00	30.8%	--	0.96	11
$400.00	Jul 2	16.00	23.00	$19.50	35.9%	10	0.95	58

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$435.00	Jul 2	12.00	19.40	$15.70	47.1%	96	1.00	100
$440.00	Jul 2	17.00	24.80	$20.90	37.3%	114	1.00	306
$447.50	Jul 2	25.00	32.50	$28.75	26.1%	9	1.00	7
$482.50	Jul 2	60.00	67.20	$63.60	11.3%	11	1.00	13
$485.00	Jul 2	62.00	69.10	$65.55	10.8%	1	1.00	10

Most actively traded options today. High liquidity = easy entry/exit. 300 active (total vol 9.2K, top 858)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$467.50	Jul 10	5.00	7.20	$6.10	36.1%	661	0.22	7
$495.00	Jul 2	0.00	4.80	$2.40	200.0%	637	0.10	696
$490.00	Jul 2	0.00	0.85	$0.43	197.7%	148	0.03	90
$485.00	Jul 2	0.00	0.05	$0.03	166.7%	118	0.00	156
$500.00	Jul 2	0.00	0.85	$0.43	197.7%	108	0.03	326

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$432.50	Jul 2	10.00	17.80	$13.90	56.1%	858	0.81	636
$412.50	Jul 10	16.80	19.00	$17.90	12.3%	631	0.42	--
$430.00	Jul 2	10.30	12.80	$11.55	21.6%	559	0.83	487
$430.00	Jul 10	23.00	29.90	$26.45	26.1%	249	0.55	44
$370.00	Jul 17	9.20	11.10	$10.15	18.7%	179	0.22	618

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 100 strikes (avg 585.6%, max 1593.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$497.50	Jul 2	Jul 10	1099.2%	87.7%	1152.9%	13	32
$495.00	Jul 2	Jul 31	1075.4%	86.1%	1149.1%	638	696
$360.00	Jul 2	Jul 24	1076.7%	86.7%	1142.3%	1	49
$365.00	Jul 2	Jul 10	1004.6%	91.3%	1000.7%	--	36
$477.50	Jul 2	Jul 10	901.3%	82.4%	993.1%	24	21

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$335.00	Jul 2	Aug 7	1440.9%	85.1%	1593.4%	--	89
$340.00	Jul 2	Aug 7	1367.3%	88.6%	1444.0%	--	129
$345.00	Jul 2	Aug 7	1294.1%	85.0%	1422.0%	36	92
$355.00	Jul 2	Aug 7	1148.9%	83.3%	1279.5%	3	37
$352.50	Jul 2	Jul 10	1185.1%	90.4%	1210.5%	4	53

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 202 found (best R:R 24.00, avg 3.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$460.00	$462.50	Jul 2	$0.10	$2.40	$0.10	24.00	$460.10
$435.00	$440.00	Jul 17	$0.30	$4.70	$0.30	15.67	$435.30
$470.00	$475.00	Aug 7	$0.30	$4.70	$0.30	15.67	$470.30
$470.00	$475.00	Jul 17	$0.35	$4.65	$0.35	13.29	$470.35
$427.50	$430.00	Jul 2	$0.20	$2.30	$0.20	11.50	$427.70

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$352.50	$350.00	Jul 10	$0.16	$2.34	$0.16	14.62	$352.34
$382.50	$380.00	Jul 10	$0.20	$2.30	$0.20	11.50	$382.30
$420.00	$417.50	Jul 2	$0.25	$2.25	$0.25	9.00	$419.75
$370.00	$365.00	Jul 10	$0.52	$4.48	$0.52	8.62	$369.48
$365.00	$360.00	Aug 7	$0.55	$4.45	$0.55	8.09	$364.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 283 found (best R:R 49.00, avg 2.35)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$380.00	$385.00	Jul 2	$4.85	$4.85	$0.15	32.33	$384.85
$387.50	$390.00	Jul 2	$2.35	$2.35	$0.15	15.67	$389.85
$395.00	$400.00	Jul 2	$4.65	$4.65	$0.35	13.29	$399.65
$390.00	$400.00	Jul 10	$9.10	$9.10	$0.90	10.11	$399.10
$445.00	$447.50	Jul 2	$2.20	$2.20	$0.30	7.33	$447.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$430.00	$425.00	Aug 7	$4.90	$4.90	$0.10	49.00	$425.10
$410.00	$405.00	Jul 31	$4.80	$4.80	$0.20	24.00	$405.20
$500.00	$495.00	Jul 10	$4.75	$4.75	$0.25	19.00	$495.25
$352.50	$350.00	Jul 2	$2.37	$2.37	$0.13	18.23	$350.13
$427.50	$425.00	Jul 2	$2.35	$2.35	$0.15	15.67	$425.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 98 found (avg debit $8.99, cheapest $0.10)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$497.50	Jul 2	Jul 10	$0.30	1099.2%	87.7%
$495.00	Jul 2	Jul 10	$1.00	1075.4%	91.5%
$477.50	Jul 2	Jul 10	$1.75	901.3%	82.4%
$500.00	Jul 2	Jul 10	$2.07	787.2%	87.8%
$475.00	Jul 2	Jul 10	$2.55	875.1%	85.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$345.00	Jul 2	Jul 10	$0.10	1294.1%	100.7%
$355.00	Jul 2	Jul 10	$0.28	1148.9%	91.1%
$362.50	Jul 2	Jul 10	$1.20	1040.6%	90.3%
$360.00	Jul 2	Jul 10	$1.28	1076.7%	93.9%
$347.50	Jul 2	Jul 10	$1.62	763.0%	90.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 131 found (cheapest 1.56% of stock, avg 13.86%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$420.00	Jul 2	$3.65	$2.85	$6.50	$413.50	$426.50	1.56%
$422.50	Jul 2	$2.30	$4.45	$6.75	$415.75	$429.25	1.62%
$417.50	Jul 2	$5.35	$2.60	$7.95	$409.55	$425.45	1.90%
$415.00	Jul 2	$6.80	$1.90	$8.70	$406.30	$423.70	2.08%
$425.00	Jul 2	$3.00	$6.60	$9.60	$415.40	$434.60	2.30%
$410.00	Jul 2	$10.10	$0.68	$10.78	$399.22	$420.78	2.58%
$427.50	Jul 2	$2.05	$8.95	$11.00	$416.50	$438.50	2.63%
$430.00	Jul 2	$1.85	$11.55	$13.40	$416.60	$443.40	3.21%
$405.00	Jul 2	$14.40	$0.88	$15.28	$389.72	$420.28	3.66%
$435.00	Jul 2	$0.50	$15.70	$16.20	$418.80	$451.20	3.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 158 found (cheapest 0.74% of stock, avg 11.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$430.00	$412.50	Jul 2	$1.85	$1.25	$3.10	$409.40	$433.10
$427.50	$412.50	Jul 2	$2.05	$1.25	$3.30	$409.20	$430.80
$422.50	$412.50	Jul 2	$2.30	$1.25	$3.55	$408.95	$426.05
$430.00	$407.50	Jul 2	$1.85	$1.70	$3.55	$403.95	$433.55
$432.50	$412.50	Jul 2	$2.35	$1.25	$3.60	$408.90	$436.10
$430.00	$402.50	Jul 2	$1.85	$1.75	$3.60	$398.90	$433.60
$427.50	$407.50	Jul 2	$2.05	$1.70	$3.75	$403.75	$431.25
$430.00	$415.00	Jul 2	$1.85	$1.90	$3.75	$411.25	$433.75
$427.50	$402.50	Jul 2	$2.05	$1.75	$3.80	$398.70	$431.30
$427.50	$415.00	Jul 2	$2.05	$1.90	$3.95	$411.05	$431.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 337 found (best R:R 32.33, avg credit $5.55)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
340/345	390/400	Jul 10	$9.70	$0.30	32.33	$335.30	$399.70
365/370	385/390	Jul 17	$4.85	$0.15	32.33	$365.15	$389.85
370/375	425/430	Jul 24	$4.85	$0.15	32.33	$370.15	$429.85
358/360	410/415	Jul 10	$4.83	$0.17	28.41	$355.17	$414.83
362/365	390/400	Jul 10	$9.63	$0.37	26.03	$355.37	$399.63
365/370	390/400	Jul 10	$9.62	$0.38	25.32	$360.38	$399.62
340/345	380/385	Jul 10	$4.80	$0.20	24.00	$340.20	$384.80
370/375	385/390	Jul 17	$4.80	$0.20	24.00	$370.20	$389.80
375/380	385/390	Jul 17	$4.80	$0.20	24.00	$375.20	$389.80
340/350	370/380	Jul 17	$9.52	$0.48	19.83	$340.48	$379.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$472.50	$475.00	$477.50	Jul 10	$0.10	$2.40	24.00
$490.00	$495.00	$500.00	Jul 31	$0.25	$4.75	19.00
$375.00	$380.00	$385.00	Jul 2	$0.30	$4.70	15.67
$490.00	$495.00	$500.00	Jul 17	$0.30	$4.70	15.67
$400.00	$402.50	$405.00	Jul 2	$0.20	$2.30	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$387.50	$390.00	$392.50	Jul 2	$0.05	$2.45	49.00
$412.50	$415.00	$417.50	Jul 2	$0.05	$2.45	49.00
$380.00	$385.00	$390.00	Jul 17	$0.10	$4.90	49.00
$340.00	$345.00	$350.00	Jul 31	$0.10	$4.90	49.00
$350.00	$355.00	$360.00	Jul 31	$0.10	$4.90	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. 69 found (best net $-14.45, 55 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$395.00	$450.00	1:2	Aug 14	-$14.45	$40.55
$410.00	$455.00	1:2	Aug 7	-$13.25	$31.75
$480.00	$500.00	1:2	Aug 7	-$15.20	$4.80
$435.00	$440.00	1:2	Jul 2	-$1.26	$3.74
$487.50	$490.00	1:2	Jul 2	-$0.43	$2.07

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$350.00	$340.00	1:2	Jul 17	-$1.81	$8.19
$350.00	$340.00	1:2	Jul 24	-$3.95	$6.05
$360.00	$350.00	1:2	Jul 17	-$4.15	$5.85
$345.00	$340.00	1:2	Jul 10	-$1.30	$3.70
$340.00	$335.00	1:2	Jul 2	-$2.40	$2.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 87 found (best yield 8.40%, avg 3.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$450.00	Aug 14	$35.10	0.47	7.7%	8.40%	16.12%	1	--
$430.00	Jul 31	$34.00	0.51	2.9%	8.14%	11.07%	10	4
$420.00	Jul 24	$33.20	0.54	0.5%	7.95%	8.49%	3	3
$435.00	Jul 31	$32.20	0.49	4.1%	7.71%	11.84%	8	5
$460.00	Aug 14	$31.40	0.45	10.1%	7.52%	17.63%	2	--
$425.00	Jul 24	$30.90	0.52	1.7%	7.40%	9.13%	3	4
$440.00	Jul 31	$30.20	0.47	5.3%	7.23%	12.56%	--	10
$455.00	Aug 7	$29.00	0.44	8.9%	6.94%	15.86%	1	1
$430.00	Jul 24	$28.70	0.50	2.9%	6.87%	9.80%	--	26
$445.00	Jul 31	$28.30	0.45	6.5%	6.77%	13.30%	--	15

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 7,962

Total Puts 6,279

Put/Call Ratio 0.79

Net Difference 1,683

Prior's Put/Call Breakdown

Total Calls 4,177

Total Puts 2,074

Put/Call Ratio 0.50

Net Difference 2,103

Prior 7-Day Put/Call Summary

Total Calls 42,229

Total Puts 32,531

Average Put/Call Ratio 0.83

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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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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