CIEN - Options Database

CIEN

CIENA CORP

$433.45 +2.60%

(7/2 18:01) ◀

Monday, July 6, 2026 (3:05pm)

▶ (7/6 18:00)

◀ 7/6 15:05 ▶

Option Volume

Detail

ℹ

Current (07/06 3:05pm) 7,008

Calls: 3,529 (50%)

Puts: 3,479 (50%)

Prior (07/02) 14,241

Calls: 7,962 (56%)

Puts: 6,279 (44%)

Current vs Prior -50.79%

Calls: -55.68% (Calls)

Puts: -44.59% (Puts)

Prior 7-Day Total 68,311

Calls: 37,370 (55%)

Puts: 30,941 (45%)

Prior 7-Day Average 9,758

Calls: 5,338 (55%)

Puts: 4,420 (45%)

Current vs Prior 7-Day Avg -28.19%

Calls: -33.90%

Puts: -21.29%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/06 3:05pm) $15.70M

Calls: $7.26M (46%)

Puts: $8.44M (54%)

Prior (07/02) $23.26M

Calls: $8.99M (39%)

Puts: $14.27M (61%)

Current vs Prior -32.48%

Calls: -19.23%

Puts: -40.84%

Prior 7-Day Total $162.61M

Calls: $124.51M (77%)

Puts: $38.10M (23%)

Prior 7-Day Average $23.23M

Calls: $17.79M (77%)

Puts: $5.44M (23%)

Current vs Prior 7-Day Avg -32.40%

Calls: -59.17%

Puts: +55.09%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/06 3:05pm) 0.99

Prior (07/02) 0.79

Current vs Prior +25.01%

Prior 7-Day Average 0.84

Current vs Prior 7-Day Avg +16.73%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/06 3:05pm) 90,597

Calls: 44,432 (49%)

Puts: 46,165 (51%)

Prior (07/02) 99,522

Calls: 49,189 (49%)

Puts: 50,333 (51%)

Current vs Prior -8.97%

Prior 7-Day Total 659,398

Calls: 335,324 (51%)

Puts: 324,074 (49%)

Prior 7-Day Average 94,199

Calls: 47,903 (51%)

Puts: 46,296 (49%)

Current vs Prior 7-Day Avg -3.82%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)

Current 8.67% | 13.30%13.30% | 25.97%

Prior 4.24% | 10.55%-- | --

Current vs Prior +104.59% | +26.05%-- | --

Prior 7-Day Avg 5.76% | 11.19%-- | --

Current vs 7-Day Avg +50.59% | +18.87%-- | --

Prior 7-Day Eod 4.24% | 10.55%-- | --

Current vs 7-Day Eod +104.59% | +26.05%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.39% | 16.11%

Calls: 16.71% | 21.45%

Puts: 12.07% | 10.78%

Prior 32.12% | 18.43%

Calls: 24.24% | 19.25%

Puts: 40.00% | 17.60%

Current vs Prior -55.20% | -12.59%

Prior 7-Day Avg 64.58% | 24.71%

Calls: 82.90% | 24.87%

Puts: 46.25% | 24.54%

Current vs 7-Day Avg -77.72% | -34.79%

Liquidity Expensive

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Below-average activity with volume down 51% vs prior.

Smart Money BEARISH

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

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

🦅 Iron Condors

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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 74 of results (avg 8.3%, best 4.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$425.00	Jul 31	44.10	46.90	$45.50	6.2%	2	0.58	1
$430.00	Jul 31	41.60	44.30	$42.95	6.3%	1	0.57	5
$440.00	Jul 31	36.80	39.50	$38.15	7.1%	--	0.53	10
$437.50	Jul 17	25.00	27.00	$26.00	7.7%	1	0.51	5
$350.00	Jul 24	87.00	94.00	$90.50	7.7%	1	0.87	24

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$520.00	Jul 31	97.30	101.90	$99.60	4.6%	4	0.74	3
$460.00	Jul 31	53.90	57.10	$55.50	5.8%	10	0.55	1
$440.00	Jul 31	42.00	44.60	$43.30	6.0%	--	0.48	20
$450.00	Jul 31	47.70	50.80	$49.25	6.3%	1	0.51	14
$450.00	Jul 17	35.70	38.10	$36.90	6.5%	25	0.56	345

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. 113 found (avg delta 0.69, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$352.50	Jul 10	78.00	86.00	$82.00	9.8%	--	1.00	10
$360.00	Jul 10	71.00	78.50	$74.75	10.0%	1	0.94	17
$365.00	Jul 10	66.30	73.70	$70.00	10.6%	--	0.93	10
$350.00	Jul 17	84.00	91.00	$87.50	8.0%	--	0.92	54
$355.00	Jul 10	76.00	83.40	$79.70	9.3%	--	0.91	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$520.00	Jul 10	83.30	91.70	$87.50	9.6%	--	0.96	12
$515.00	Jul 10	79.00	87.00	$83.00	9.6%	1	0.95	2
$510.00	Jul 10	74.00	81.00	$77.50	9.0%	3	0.94	5
$505.00	Jul 10	69.00	77.00	$73.00	11.0%	--	0.92	27
$500.00	Jul 10	65.00	69.70	$67.35	7.0%	--	0.92	27

Most actively traded options today. High liquidity = easy entry/exit. 232 active (total vol 4.7K, top 399)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$455.00	Jul 10	8.50	10.20	$9.35	18.2%	374	0.33	67
$467.50	Jul 10	5.20	6.70	$5.95	25.2%	341	0.24	636
$445.00	Jul 24	28.00	33.00	$30.50	16.4%	160	0.49	12
$465.00	Jul 10	5.80	7.20	$6.50	21.5%	113	0.26	17
$445.00	Jul 10	11.40	14.70	$13.05	25.3%	98	0.41	68

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 10	5.30	6.80	$6.05	24.8%	399	0.22	203
$412.50	Jul 10	8.60	10.10	$9.35	16.0%	316	0.30	638
$435.00	Jul 10	17.90	20.20	$19.05	12.1%	199	0.50	170
$432.50	Jul 24	32.00	35.20	$33.60	9.5%	180	0.45	--
$445.00	Jul 10	23.40	25.40	$24.40	8.2%	160	0.58	159

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 71 strikes (avg 13.3%, max 63.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$355.00	Jul 10	Aug 14	143.6%	87.7%	63.8%	2	10
$360.00	Jul 10	Jul 31	110.6%	92.5%	19.6%	2	22
$435.00	Jul 10	Aug 7	102.5%	86.6%	18.4%	14	48
$440.00	Jul 10	Aug 14	101.9%	89.3%	14.1%	24	71
$425.00	Jul 10	Aug 7	98.5%	86.8%	13.5%	4	3

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$355.00	Jul 10	Aug 7	143.6%	91.8%	56.4%	33	55
$350.00	Jul 10	Aug 14	114.7%	90.8%	26.3%	38	110
$365.00	Jul 10	Aug 7	109.5%	89.2%	22.7%	24	55
$360.00	Jul 10	Aug 7	110.6%	90.2%	22.6%	23	58
$390.00	Jul 10	Aug 14	104.1%	87.0%	19.6%	34	284

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 220 found (best R:R 24.00, avg 3.24)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$495.00	$497.50	Jul 10	$0.13	$2.37	$0.13	18.23	$495.13
$485.00	$487.50	Jul 10	$0.15	$2.35	$0.15	15.67	$485.15
$515.00	$520.00	Jul 17	$0.30	$4.70	$0.30	15.67	$515.30
$515.00	$520.00	Jul 24	$0.30	$4.70	$0.30	15.67	$515.30
$450.00	$452.50	Jul 17	$0.20	$2.30	$0.20	11.50	$450.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$387.50	$385.00	Jul 10	$0.10	$2.40	$0.10	24.00	$387.40
$370.00	$365.00	Jul 10	$0.26	$4.74	$0.26	18.23	$369.74
$377.50	$375.00	Jul 10	$0.15	$2.35	$0.15	15.67	$377.35
$412.50	$410.00	Jul 17	$0.15	$2.35	$0.15	15.67	$412.35
$382.50	$380.00	Jul 10	$0.20	$2.30	$0.20	11.50	$382.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 279 found (best R:R 24.00, avg 1.65)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$365.00	Jul 10	$4.75	$4.75	$0.25	19.00	$364.75
$352.50	$355.00	Jul 10	$2.30	$2.30	$0.20	11.50	$354.80
$370.00	$375.00	Jul 17	$4.60	$4.60	$0.40	11.50	$374.60
$365.00	$380.00	Jul 10	$13.50	$13.50	$1.50	9.00	$378.50
$417.50	$420.00	Jul 10	$2.25	$2.25	$0.25	9.00	$419.75

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$510.00	$505.00	Jul 24	$4.80	$4.80	$0.20	24.00	$505.20
$470.00	$465.00	Jul 17	$4.65	$4.65	$0.35	13.29	$465.35
$490.00	$482.50	Jul 10	$6.95	$6.95	$0.55	12.64	$483.05
$480.00	$475.00	Jul 17	$4.60	$4.60	$0.40	11.50	$475.40
$510.00	$505.00	Jul 10	$4.50	$4.50	$0.50	9.00	$505.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 73 found (avg debit $7.70, cheapest $2.33)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$350.00	Jul 17	Jul 24	$3.00	96.3%	96.9%
$520.00	Jul 10	Jul 17	$3.70	97.4%	89.1%
$360.00	Jul 10	Jul 17	$3.75	110.6%	100.9%
$515.00	Jul 10	Jul 17	$3.92	95.0%	87.6%
$510.00	Jul 10	Jul 17	$4.42	97.8%	88.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$350.00	Jul 10	Jul 17	$2.33	114.7%	96.3%
$520.00	Jul 10	Jul 17	$3.00	97.4%	89.1%
$365.00	Jul 10	Jul 17	$3.43	109.5%	94.1%
$360.00	Jul 10	Jul 17	$3.97	110.6%	100.9%
$370.00	Jul 10	Jul 17	$4.42	106.6%	96.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 8.34% of stock, avg 15.84%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$430.00	Jul 10	$19.75	$16.40	$36.15	$393.85	$466.15	8.34%
$435.00	Jul 10	$17.50	$19.05	$36.55	$398.45	$471.55	8.43%
$440.00	Jul 10	$15.20	$22.00	$37.20	$402.80	$477.20	8.58%
$425.00	Jul 10	$23.05	$14.20	$37.25	$387.75	$462.25	8.59%
$445.00	Jul 10	$13.05	$24.40	$37.45	$407.55	$482.45	8.64%
$450.00	Jul 10	$10.75	$27.00	$37.75	$412.25	$487.75	8.71%
$420.00	Jul 10	$25.75	$12.10	$37.85	$382.15	$457.85	8.73%
$417.50	Jul 10	$28.00	$10.65	$38.65	$378.85	$456.15	8.92%
$415.00	Jul 10	$28.45	$10.35	$38.80	$376.20	$453.80	8.95%
$455.00	Jul 10	$9.35	$31.30	$40.65	$414.35	$495.65	9.38%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 5.58% of stock, avg 12.51%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$447.50	$420.00	Jul 10	$12.10	$12.10	$24.20	$395.80	$471.70
$445.00	$420.00	Jul 10	$13.05	$12.10	$25.15	$394.85	$470.15
$442.50	$420.00	Jul 10	$13.85	$12.10	$25.95	$394.05	$468.45
$447.50	$425.00	Jul 10	$12.10	$14.20	$26.30	$398.70	$473.80
$445.00	$425.00	Jul 10	$13.05	$14.20	$27.25	$397.75	$472.25
$440.00	$420.00	Jul 10	$15.20	$12.10	$27.30	$392.70	$467.30
$442.50	$425.00	Jul 10	$13.85	$14.20	$28.05	$396.95	$470.55
$437.50	$420.00	Jul 10	$16.20	$12.10	$28.30	$391.70	$465.80
$447.50	$430.00	Jul 10	$12.10	$16.40	$28.50	$401.50	$476.00
$440.00	$425.00	Jul 10	$15.20	$14.20	$29.40	$395.60	$469.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 324 found (best R:R 39.00, avg credit $6.58)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
352/355	390/400	Jul 10	$9.75	$0.25	39.00	$345.25	$399.75
375/380	385/390	Jul 17	$4.85	$0.15	32.33	$375.15	$389.85
355/360	380/385	Jul 24	$4.85	$0.15	32.33	$355.15	$384.85
360/365	380/385	Jul 24	$4.85	$0.15	32.33	$360.15	$384.85
400/405	465/470	Jul 31	$4.85	$0.15	32.33	$400.15	$469.85
375/380	410/415	Jul 17	$4.80	$0.20	24.00	$375.20	$414.80
380/385	410/415	Jul 17	$4.80	$0.20	24.00	$380.20	$414.80
355/360	425/430	Aug 7	$4.80	$0.20	24.00	$355.20	$429.80
415/430	435/450	Aug 7	$14.40	$0.60	24.00	$415.60	$449.40
380/385	435/440	Jul 31	$4.75	$0.25	19.00	$380.25	$439.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$455.00	$460.00	$465.00	Jul 17	$0.05	$4.95	99.00
$495.00	$500.00	$505.00	Jul 17	$0.05	$4.95	99.00
$500.00	$505.00	$510.00	Jul 17	$0.05	$4.95	99.00
$390.00	$400.00	$410.00	Jul 17	$0.15	$9.85	65.67
$472.50	$475.00	$477.50	Jul 10	$0.05	$2.45	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$395.00	$400.00	$405.00	Jul 17	$0.05	$4.95	99.00
$360.00	$365.00	$370.00	Jul 24	$0.05	$4.95	99.00
$390.00	$392.50	$395.00	Jul 10	$0.05	$2.45	49.00
$420.00	$425.00	$430.00	Jul 10	$0.10	$4.90	49.00
$370.00	$375.00	$380.00	Jul 24	$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. 36 found (best net $--, 34 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$355.00	$440.00	1:2	Aug 14	$0.00	$85.00
$370.00	$425.00	1:2	Jul 31	-$11.55	$43.45
$440.00	$475.00	1:2	Aug 14	-$21.30	$13.70
$480.00	$500.00	1:2	Aug 7	-$14.80	$5.20
$475.00	$500.00	1:2	Aug 14	-$19.90	$5.10

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$505.00	$435.00	1:2	Aug 14	-$2.80	$67.20
$400.00	$370.00	1:2	Aug 7	-$7.45	$22.55
$370.00	$350.00	1:2	Aug 14	-$9.55	$10.45
$360.00	$350.00	1:2	Jul 17	-$1.06	$8.94
$370.00	$365.00	1:2	Jul 10	-$1.16	$3.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 96 found (best yield 10.38%, avg 3.49%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$440.00	Aug 14	$45.00	0.55	1.5%	10.38%	11.89%	1	--
$435.00	Aug 7	$42.90	0.56	0.4%	9.90%	10.25%	1	20
$435.00	Jul 31	$38.90	0.55	0.4%	8.97%	9.33%	--	12
$440.00	Jul 31	$36.80	0.53	1.5%	8.49%	10.00%	--	10
$450.00	Aug 7	$36.00	0.50	3.8%	8.31%	12.12%	2	3
$445.00	Jul 31	$34.70	0.51	2.7%	8.01%	10.67%	--	15
$450.00	Jul 31	$32.50	0.49	3.8%	7.50%	11.32%	3	33
$475.00	Aug 14	$31.80	0.44	9.6%	7.34%	16.92%	1	--
$440.00	Jul 24	$31.10	0.52	1.5%	7.17%	8.69%	--	24
$465.00	Aug 7	$30.80	0.45	7.3%	7.11%	14.38%	1	9

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 3,529

Total Puts 3,479

Put/Call Ratio 0.99

Net Difference 50

Prior's Put/Call Breakdown

Total Calls 7,962

Total Puts 6,279

Put/Call Ratio 0.79

Net Difference 1,683

Prior 7-Day Put/Call Summary

Total Calls 37,370

Total Puts 30,941

Average Put/Call Ratio 0.84

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

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📈 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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