CIEN - Options Database

CIEN

CIENA CORP

$416.04 -4.10%

(7/6 18:00) ◀

Tuesday, July 7, 2026 (3:05pm)

▶ (7/7 18:00)

◀ 7/7 15:05 ▶

Option Volume

Detail

ℹ

Current (07/07 3:05pm) 8,623

Calls: 5,190 (60%)

Puts: 3,433 (40%)

Prior (07/06) 7,008

Calls: 3,529 (50%)

Puts: 3,479 (50%)

Current vs Prior +23.05%

Calls: +47.07% (Calls)

Puts: -1.32% (Puts)

Prior 7-Day Total 75,349

Calls: 40,701 (54%)

Puts: 34,648 (46%)

Prior 7-Day Average 10,764

Calls: 5,814 (54%)

Puts: 4,949 (46%)

Current vs Prior 7-Day Avg -19.89%

Calls: -10.74%

Puts: -30.64%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/07 3:05pm) $10.82M

Calls: $4.89M (45%)

Puts: $5.93M (55%)

Prior (07/06) $15.70M

Calls: $7.26M (46%)

Puts: $8.44M (54%)

Current vs Prior -31.11%

Calls: -32.71%

Puts: -29.73%

Prior 7-Day Total $169.42M

Calls: $121.13M (72%)

Puts: $48.28M (28%)

Prior 7-Day Average $24.20M

Calls: $17.30M (72%)

Puts: $6.90M (28%)

Current vs Prior 7-Day Avg -55.30%

Calls: -71.76%

Puts: -14.02%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/07 3:05pm) 0.66

Prior (07/06) 0.99

Current vs Prior -32.90%

Prior 7-Day Average 0.88

Current vs Prior 7-Day Avg -24.64%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/07 3:05pm) 94,194

Calls: 46,318 (49%)

Puts: 47,876 (51%)

Prior (07/06) 90,597

Calls: 44,432 (49%)

Puts: 46,165 (51%)

Current vs Prior +3.97%

Prior 7-Day Total 668,505

Calls: 337,190 (50%)

Puts: 331,315 (50%)

Prior 7-Day Average 95,500

Calls: 48,170 (50%)

Puts: 47,330 (50%)

Current vs Prior 7-Day Avg -1.37%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 7.46% | 12.39%12.39% | 25.54%

Prior 1.96% | 10.68%13.30% | 25.97%

Current vs Prior +280.21% | +16.06%-6.84% | -1.65%

Prior 7-Day Avg 4.81% | 10.94%13.30% | 25.97%

Current vs 7-Day Avg +55.18% | +13.28%-6.84% | -1.65%

Prior 7-Day Eod 1.96% | 10.68%-- | --

Current vs 7-Day Eod +280.21% | +16.06%-- | --

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.65% | 14.87%

Calls: 19.94% | 19.50%

Puts: 19.35% | 10.24%

Prior 191.08% | 17.75%

Calls: 163.41% | 24.45%

Puts: 218.75% | 11.06%

Current vs Prior -89.72% | -16.23%

Prior 7-Day Avg 88.93% | 24.26%

Calls: 103.56% | 25.69%

Puts: 74.31% | 22.84%

Current vs 7-Day Avg -77.90% | -38.71%

Liquidity Expensive

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Bullish P/C ratio of 0.66. P/C ratio dropping 33% - sentiment shifting bullish.

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 BULLISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

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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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 74 of results (avg 7.8%, best 3.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Aug 21	47.90	50.50	$49.20	5.3%	2	0.55	7
$400.00	Aug 21	56.80	60.30	$58.55	6.0%	4	0.61	3
$430.00	Aug 21	43.60	46.40	$45.00	6.2%	3	0.52	4
$340.00	Aug 21	93.50	100.00	$96.75	6.7%	--	0.78	45
$380.00	Aug 21	67.80	72.70	$70.25	7.0%	3	0.67	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Aug 21	68.20	70.80	$69.50	3.7%	5	0.54	51
$470.00	Aug 21	81.50	85.00	$83.25	4.2%	3	0.59	8
$460.00	Aug 21	74.70	78.00	$76.35	4.3%	2	0.56	12
$430.00	Aug 21	56.00	58.60	$57.30	4.5%	--	0.48	106
$420.00	Aug 21	50.30	52.70	$51.50	4.7%	6	0.45	156

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. 126 found (avg delta 0.69, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$337.50	Jul 10	76.00	83.00	$79.50	8.8%	6	1.00	--
$352.50	Jul 10	61.30	68.00	$64.65	10.4%	--	0.94	10
$355.00	Jul 10	59.10	66.00	$62.55	11.0%	--	0.94	10
$360.00	Jul 10	54.40	61.00	$57.70	11.4%	--	0.93	17
$365.00	Jul 10	49.40	57.00	$53.20	14.3%	--	0.92	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$495.00	Jul 10	75.00	83.50	$79.25	10.7%	--	0.96	10
$490.00	Jul 10	70.00	78.10	$74.05	10.9%	2	0.96	31
$482.50	Jul 10	63.00	70.80	$66.90	11.7%	--	0.94	16
$480.00	Jul 10	61.00	68.00	$64.50	10.9%	--	0.93	34
$477.50	Jul 10	58.00	65.60	$61.80	12.3%	--	0.93	12

Most actively traded options today. High liquidity = easy entry/exit. 213 active (total vol 3.9K, top 376)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$422.50	Jul 10	11.10	13.90	$12.50	22.4%	354	0.45	5
$467.50	Jul 10	1.20	3.10	$2.15	88.4%	351	0.12	340
$450.00	Jul 10	3.60	5.00	$4.30	32.6%	49	0.21	165
$495.00	Jul 24	7.30	9.00	$8.15	20.9%	41	0.20	5
$490.00	Jul 10	0.40	1.05	$0.73	89.0%	38	0.04	85

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$382.50	Jul 10	3.10	4.60	$3.85	39.0%	376	0.17	40
$412.50	Jul 10	12.00	14.50	$13.25	18.9%	352	0.45	324
$362.50	Jul 10	0.60	2.40	$1.50	120.0%	306	0.08	18
$400.00	Jul 10	7.50	9.50	$8.50	23.5%	131	0.32	530
$365.00	Jul 10	0.90	2.00	$1.45	75.9%	111	0.08	49

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 69 strikes (avg 15.5%, max 36.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$425.00	Jul 10	Jul 24	104.5%	86.3%	21.1%	17	10
$405.00	Jul 10	Jul 31	101.2%	83.6%	21.0%	3	30
$465.00	Jul 10	Jul 24	103.6%	86.1%	20.4%	9	340
$380.00	Jul 10	Aug 21	103.5%	86.2%	20.1%	4	14
$415.00	Jul 10	Aug 7	99.9%	83.2%	20.0%	4	19

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$335.00	Jul 10	Aug 14	121.1%	88.8%	36.3%	2	41
$350.00	Jul 10	Aug 21	113.5%	87.6%	29.5%	18	188
$340.00	Jul 10	Aug 21	112.8%	87.6%	28.7%	6	53
$355.00	Jul 10	Aug 14	110.9%	87.7%	26.4%	30	74
$360.00	Jul 10	Aug 21	107.8%	87.0%	23.9%	28	117

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 225 found (best R:R 26.78, avg 3.45)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$490.00	$495.00	Jul 10	$0.18	$4.82	$0.18	26.78	$490.18
$447.50	$450.00	Jul 10	$0.10	$2.40	$0.10	24.00	$447.60
$457.50	$460.00	Jul 10	$0.12	$2.38	$0.12	19.83	$457.62
$470.00	$472.50	Jul 10	$0.12	$2.38	$0.12	19.83	$470.12
$480.00	$482.50	Jul 10	$0.12	$2.38	$0.12	19.83	$480.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$340.00	$335.00	Jul 24	$0.20	$4.80	$0.20	24.00	$339.80
$360.00	$357.50	Jul 10	$0.15	$2.35	$0.15	15.67	$359.85
$350.00	$345.00	Jul 10	$0.32	$4.68	$0.32	14.62	$349.68
$355.00	$352.50	Jul 10	$0.20	$2.30	$0.20	11.50	$354.80
$340.00	$335.00	Aug 7	$0.40	$4.60	$0.40	11.50	$339.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 294 found (best R:R 99.00, avg 2.26)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$337.50	$352.50	Jul 10	$14.85	$14.85	$0.15	99.00	$352.35
$355.00	$360.00	Jul 10	$4.85	$4.85	$0.15	32.33	$359.85
$380.00	$385.00	Jul 24	$4.70	$4.70	$0.30	15.67	$384.70
$430.00	$432.50	Jul 24	$2.35	$2.35	$0.15	15.67	$432.35
$350.00	$360.00	Jul 17	$9.10	$9.10	$0.90	10.11	$359.10

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$490.00	$482.50	Jul 10	$7.15	$7.15	$0.35	20.43	$482.85
$475.00	$470.00	Jul 10	$4.75	$4.75	$0.25	19.00	$470.25
$450.00	$445.00	Jul 17	$4.75	$4.75	$0.25	19.00	$445.25
$445.00	$440.00	Jul 24	$4.70	$4.70	$0.30	15.67	$440.30
$420.00	$417.50	Jul 10	$2.30	$2.30	$0.20	11.50	$417.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 70 found (avg debit $7.53, cheapest $2.40)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$340.00	Jul 17	Jul 24	$3.60	95.3%	93.0%
$495.00	Jul 10	Jul 17	$3.70	103.0%	90.5%
$350.00	Jul 17	Jul 24	$3.80	94.2%	92.8%
$485.00	Jul 10	Jul 17	$4.27	98.9%	87.7%
$490.00	Jul 10	Jul 17	$4.27	99.7%	91.4%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$340.00	Jul 10	Jul 17	$2.40	112.8%	95.3%
$350.00	Jul 10	Jul 17	$3.15	113.5%	94.2%
$490.00	Jul 10	Jul 17	$3.30	99.7%	91.4%
$355.00	Jul 10	Jul 17	$3.60	110.9%	93.2%
$480.00	Jul 10	Jul 17	$4.15	102.0%	86.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 110 found (cheapest 7.25% of stock, avg 16.15%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$417.50	Jul 10	$14.65	$15.50	$30.15	$387.35	$447.65	7.25%
$412.50	Jul 10	$17.00	$13.25	$30.25	$382.25	$442.75	7.27%
$415.00	Jul 10	$15.55	$14.80	$30.35	$384.65	$445.35	7.29%
$410.00	Jul 10	$18.25	$12.15	$30.40	$379.60	$440.40	7.31%
$420.00	Jul 10	$13.40	$17.80	$31.20	$388.80	$451.20	7.50%
$422.50	Jul 10	$12.50	$19.00	$31.50	$391.00	$454.00	7.57%
$405.00	Jul 10	$21.75	$10.40	$32.15	$372.85	$437.15	7.73%
$425.00	Jul 10	$11.75	$20.55	$32.30	$392.70	$457.30	7.76%
$400.00	Jul 10	$24.60	$8.50	$33.10	$366.90	$433.10	7.96%
$430.00	Jul 10	$9.75	$23.55	$33.30	$396.70	$463.30	8.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 4.84% of stock, avg 12.87%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$430.00	$405.00	Jul 10	$9.75	$10.40	$20.15	$384.85	$450.15
$430.00	$407.50	Jul 10	$9.75	$11.25	$21.00	$386.50	$451.00
$430.00	$410.00	Jul 10	$9.75	$12.15	$21.90	$388.10	$451.90
$425.00	$405.00	Jul 10	$11.75	$10.40	$22.15	$382.85	$447.15
$422.50	$405.00	Jul 10	$12.50	$10.40	$22.90	$382.10	$445.40
$425.00	$407.50	Jul 10	$11.75	$11.25	$23.00	$384.50	$448.00
$430.00	$412.50	Jul 10	$9.75	$13.25	$23.00	$389.50	$453.00
$422.50	$407.50	Jul 10	$12.50	$11.25	$23.75	$383.75	$446.25
$420.00	$405.00	Jul 10	$13.40	$10.40	$23.80	$381.20	$443.80
$425.00	$410.00	Jul 10	$11.75	$12.15	$23.90	$386.10	$448.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 326 found (best R:R 65.67, avg credit $6.86)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
420/430	460/470	Aug 21	$9.85	$0.15	65.67	$420.15	$469.85
400/410	440/450	Aug 21	$9.75	$0.25	39.00	$400.25	$449.75
370/380	410/420	Aug 21	$9.65	$0.35	27.57	$370.35	$419.65
345/350	360/365	Jul 10	$4.82	$0.18	26.78	$345.18	$364.82
345/350	405/410	Jul 24	$4.80	$0.20	24.00	$345.20	$409.80
340/345	405/410	Jul 31	$4.80	$0.20	24.00	$340.20	$409.80
390/400	440/450	Aug 21	$9.60	$0.40	24.00	$390.40	$449.60
365/370	405/410	Jul 24	$4.75	$0.25	19.00	$365.25	$409.75
352/355	360/365	Jul 10	$4.70	$0.30	15.67	$350.30	$364.70
385/390	410/415	Jul 31	$4.70	$0.30	15.67	$385.30	$414.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 199.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$375.00	$380.00	$385.00	Jul 10	$0.05	$4.95	99.00
$485.00	$490.00	$495.00	Jul 24	$0.10	$4.90	49.00
$465.00	$470.00	$475.00	Jul 17	$0.15	$4.85	32.33
$437.50	$440.00	$442.50	Jul 10	$0.10	$2.40	24.00
$460.00	$465.00	$470.00	Jul 17	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$450.00	$460.00	$470.00	Aug 21	$0.05	$9.95	199.00
$350.00	$355.00	$360.00	Jul 24	$0.05	$4.95	99.00
$390.00	$400.00	$410.00	Aug 21	$0.15	$9.85	65.67
$375.00	$377.50	$380.00	Jul 10	$0.05	$2.45	49.00
$405.00	$407.50	$410.00	Jul 10	$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. 44 found (best net $-2.30, 44 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$340.00	$405.00	1:2	Jul 31	-$2.30	$62.70
$430.00	$480.00	1:2	Aug 14	-$8.65	$41.35
$365.00	$415.00	1:2	Aug 7	-$12.30	$37.70
$435.00	$475.00	1:2	Aug 7	-$8.70	$31.30
$395.00	$430.00	1:2	Aug 14	-$24.70	$10.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$430.00	$400.00	1:2	Aug 7	-$17.60	$12.40
$355.00	$335.00	1:2	Aug 14	-$7.90	$12.10
$350.00	$340.00	1:2	Jul 17	-$1.61	$8.39
$390.00	$370.00	1:2	Aug 7	-$14.05	$5.95
$350.00	$345.00	1:2	Jul 10	-$0.16	$4.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 11.51%, avg 3.50%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$420.00	Aug 21	$47.90	0.55	0.9%	11.51%	12.47%	2	7
$430.00	Aug 21	$43.60	0.52	3.4%	10.48%	13.84%	3	4
$440.00	Aug 21	$39.50	0.49	5.8%	9.49%	15.25%	3	223
$430.00	Aug 14	$38.40	0.52	3.4%	9.23%	12.59%	3	--
$450.00	Aug 21	$35.20	0.46	8.2%	8.46%	16.62%	3	41
$430.00	Aug 7	$34.10	0.50	3.4%	8.20%	11.55%	--	20
$460.00	Aug 21	$32.60	0.44	10.6%	7.84%	18.40%	1	18
$435.00	Aug 7	$31.60	0.49	4.6%	7.60%	12.15%	--	22
$430.00	Jul 31	$30.00	0.48	3.4%	7.21%	10.57%	1	4
$470.00	Aug 21	$29.60	0.41	13.0%	7.11%	20.08%	2	259

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 5,190

Total Puts 3,433

Put/Call Ratio 0.66

Net Difference 1,757

Prior's Put/Call Breakdown

Total Calls 3,529

Total Puts 3,479

Put/Call Ratio 0.99

Net Difference 50

Prior 7-Day Put/Call Summary

Total Calls 40,701

Total Puts 34,648

Average Put/Call Ratio 0.88

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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