CIEN - Options Database

CIEN

CIENA CORP

$436.02 +4.08%

(7/7 18:00) ◀

Wednesday, July 8, 2026 (3:05pm)

▶ (7/8 18:01)

◀ 7/8 15:05 ▶

Option Volume

Detail

ℹ

Current (07/08 3:05pm) 7,030

Calls: 3,017 (43%)

Puts: 4,013 (57%)

Prior (07/07) 8,623

Calls: 5,190 (60%)

Puts: 3,433 (40%)

Current vs Prior -18.47%

Calls: -41.87% (Calls)

Puts: +16.89% (Puts)

Prior 7-Day Total 73,564

Calls: 39,441 (54%)

Puts: 34,123 (46%)

Prior 7-Day Average 10,509

Calls: 5,634 (54%)

Puts: 4,874 (46%)

Current vs Prior 7-Day Avg -33.11%

Calls: -46.45%

Puts: -17.68%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/08 3:05pm) $10.67M

Calls: $6.97M (65%)

Puts: $3.70M (35%)

Prior (07/07) $10.82M

Calls: $4.89M (45%)

Puts: $5.93M (55%)

Current vs Prior -1.37%

Calls: +42.61%

Puts: -37.62%

Prior 7-Day Total $162.39M

Calls: $113.21M (70%)

Puts: $49.18M (30%)

Prior 7-Day Average $23.20M

Calls: $16.17M (70%)

Puts: $7.03M (30%)

Current vs Prior 7-Day Avg -54.01%

Calls: -56.91%

Puts: -47.34%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/08 3:05pm) 1.33

Prior (07/07) 0.66

Current vs Prior +101.09%

Prior 7-Day Average 0.90

Current vs Prior 7-Day Avg +47.92%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/08 3:05pm) 98,950

Calls: 49,613 (50%)

Puts: 49,337 (50%)

Prior (07/07) 94,194

Calls: 46,318 (49%)

Puts: 47,876 (51%)

Current vs Prior +5.05%

Prior 7-Day Total 665,908

Calls: 332,361 (50%)

Puts: 333,547 (50%)

Prior 7-Day Average 95,129

Calls: 47,480 (50%)

Puts: 47,649 (50%)

Current vs Prior 7-Day Avg +4.02%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 6.17% | 11.78%11.78% | 25.34%

Prior 8.67% | 13.30%13.30% | 25.97%

Current vs Prior -28.88% | -11.46%-11.46% | -2.40%

Prior 7-Day Avg 5.08% | 11.17%12.85% | 25.75%

Current vs 7-Day Avg +21.44% | +5.43%-8.32% | -1.59%

Prior 7-Day Eod 8.67% | 13.30%-- | --

Current vs 7-Day Eod -28.88% | -11.46%-- | --

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 20.79% | 20.45%

Calls: 22.71% | 20.85%

Puts: 18.87% | 20.04%

Prior 14.39% | 16.11%

Calls: 16.71% | 21.45%

Puts: 12.07% | 10.78%

Current vs Prior +44.48% | +26.94%

Prior 7-Day Avg 87.19% | 23.19%

Calls: 102.25% | 25.69%

Puts: 72.14% | 20.70%

Current vs 7-Day Avg -76.16% | -11.83%

Liquidity Expensive

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Moderately bullish flow with 65% call dollar volume ($6.97M). Bearish P/C ratio of 1.33 indicates protective positioning. P/C ratio rising 101% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

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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⚡ Straddles

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 68 of results (avg 8.1%, best 4.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Aug 21	60.80	63.90	$62.35	5.0%	1	0.61	12
$415.00	Jul 31	49.70	52.50	$51.10	5.5%	1	0.63	4
$417.50	Jul 24	42.00	44.60	$43.30	6.0%	--	0.63	98
$450.00	Aug 21	46.70	49.80	$48.25	6.4%	65	0.53	42
$435.00	Aug 7	44.40	47.40	$45.90	6.5%	--	0.56	22

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Jul 31	34.50	36.10	$35.30	4.5%	--	0.43	15
$500.00	Aug 21	89.00	93.90	$91.45	5.4%	1	0.61	167
$460.00	Aug 21	62.90	66.50	$64.70	5.6%	--	0.50	12
$495.00	Jul 31	72.70	77.10	$74.90	5.9%	1	0.68	3
$490.00	Aug 7	73.70	78.50	$76.10	6.3%	1	0.63	1

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. 132 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$352.50	Jul 10	80.00	88.00	$84.00	9.5%	--	1.00	10
$355.00	Jul 10	78.00	85.00	$81.50	8.6%	--	1.00	10
$360.00	Jul 10	73.00	80.00	$76.50	9.2%	--	1.00	17
$365.00	Jul 10	68.00	76.00	$72.00	11.1%	--	1.00	10
$370.00	Jul 10	63.00	71.00	$67.00	11.9%	6	0.95	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$510.00	Jul 10	70.50	78.00	$74.25	10.1%	1	0.98	4
$500.00	Jul 10	60.60	66.20	$63.40	8.8%	1	0.97	27
$520.00	Jul 10	80.00	88.00	$84.00	9.5%	4	0.96	12
$495.00	Jul 10	56.00	63.00	$59.50	11.8%	3	0.96	10
$490.00	Jul 10	51.00	58.00	$54.50	12.8%	--	0.95	32

Most actively traded options today. High liquidity = easy entry/exit. 218 active (total vol 3.0K, top 408)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$410.00	Aug 21	65.20	70.50	$67.85	7.8%	408	0.65	7
$437.50	Jul 10	11.00	13.50	$12.25	20.4%	122	0.50	11
$465.00	Jul 10	2.45	4.40	$3.43	56.9%	67	0.20	110
$450.00	Aug 21	46.70	49.80	$48.25	6.4%	65	0.53	42
$470.00	Jul 17	9.40	13.00	$11.20	32.1%	60	0.32	196

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 17	2.85	4.20	$3.53	38.2%	206	0.10	439
$420.00	Jul 10	5.80	7.20	$6.50	21.5%	89	0.29	83
$460.00	Jul 31	49.40	56.00	$52.70	12.5%	78	0.55	6
$360.00	Aug 7	13.00	16.90	$14.95	26.1%	72	0.20	22
$450.00	Aug 21	56.30	63.00	$59.65	11.2%	67	0.47	49

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 81 strikes (avg 21.2%, max 91.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$515.00	Jul 10	Aug 7	163.9%	85.7%	91.1%	1	192
$505.00	Jul 10	Jul 24	149.6%	86.3%	73.4%	--	76
$502.50	Jul 10	Jul 17	134.6%	83.0%	62.2%	12	28
$507.50	Jul 10	Jul 17	136.5%	84.4%	61.7%	2	10
$520.00	Jul 10	Aug 21	125.6%	87.5%	43.5%	8	66

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$505.00	Jul 10	Jul 17	149.6%	83.0%	80.3%	1	29
$350.00	Jul 10	Aug 21	139.4%	92.3%	51.0%	29	195
$520.00	Jul 10	Jul 17	125.6%	83.4%	50.5%	7	65
$360.00	Jul 10	Aug 21	128.9%	90.3%	42.7%	3	124
$355.00	Jul 10	Aug 7	140.0%	98.5%	42.1%	50	81

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 240 found (best R:R 32.33, avg 3.34)

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
$510.00	$515.00	Jul 17	$0.22	$4.78	$0.22	21.73	$510.22
$475.00	$480.00	Jul 31	$0.30	$4.70	$0.30	15.67	$475.30
$510.00	$520.00	Jul 31	$0.65	$9.35	$0.65	14.38	$510.65
$445.00	$447.50	Jul 10	$0.20	$2.30	$0.20	11.50	$445.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$360.00	$355.00	Aug 7	$0.15	$4.85	$0.15	32.33	$359.85
$395.00	$392.50	Jul 10	$0.13	$2.37	$0.13	18.23	$394.87
$377.50	$375.00	Jul 10	$0.15	$2.35	$0.15	15.67	$377.35
$412.50	$410.00	Jul 10	$0.15	$2.35	$0.15	15.67	$412.35
$392.50	$390.00	Jul 10	$0.17	$2.33	$0.17	13.71	$392.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 303 found (best R:R 49.00, avg 1.98)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$390.00	$395.00	Jul 10	$4.90	$4.90	$0.10	49.00	$394.90
$452.50	$455.00	Jul 17	$2.35	$2.35	$0.15	15.67	$454.85
$400.00	$405.00	Jul 24	$4.60	$4.60	$0.40	11.50	$404.60
$360.00	$365.00	Jul 10	$4.50	$4.50	$0.50	9.00	$364.50
$380.00	$385.00	Jul 10	$4.50	$4.50	$0.50	9.00	$384.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$510.00	$505.00	Jul 10	$4.85	$4.85	$0.15	32.33	$505.15
$517.50	$510.00	Jul 10	$7.25	$7.25	$0.25	29.00	$510.25
$455.00	$452.50	Jul 17	$2.35	$2.35	$0.15	15.67	$452.65
$490.00	$482.50	Jul 10	$7.00	$7.00	$0.50	14.00	$483.00
$505.00	$500.00	Jul 17	$4.55	$4.55	$0.45	10.11	$500.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $8.63, cheapest $0.88)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$515.00	Jul 10	Jul 17	$0.88	163.9%	84.8%
$505.00	Jul 10	Jul 17	$1.67	149.6%	83.0%
$520.00	Jul 10	Jul 17	$2.10	125.6%	83.4%
$507.50	Jul 10	Jul 17	$2.50	136.5%	84.4%
$502.50	Jul 10	Jul 17	$2.63	134.6%	83.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$520.00	Jul 10	Jul 17	$2.10	125.6%	83.4%
$350.00	Jul 10	Jul 17	$2.60	139.4%	106.3%
$360.00	Jul 10	Jul 17	$3.20	128.9%	101.7%
$510.00	Jul 10	Jul 17	$3.25	101.8%	82.9%
$357.50	Jul 10	Jul 17	$3.38	137.4%	106.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 116 found (cheapest 5.85% of stock, avg 15.43%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$440.00	Jul 10	$11.00	$14.50	$25.50	$414.50	$465.50	5.85%
$435.00	Jul 10	$13.65	$12.05	$25.70	$409.30	$460.70	5.89%
$432.50	Jul 10	$14.85	$11.10	$25.95	$406.55	$458.45	5.95%
$445.00	Jul 10	$8.70	$18.35	$27.05	$417.95	$472.05	6.20%
$430.00	Jul 10	$17.30	$10.10	$27.40	$402.60	$457.40	6.28%
$425.00	Jul 10	$19.80	$8.00	$27.80	$397.20	$452.80	6.38%
$450.00	Jul 10	$7.30	$21.45	$28.75	$421.25	$478.75	6.59%
$422.50	Jul 10	$21.35	$7.70	$29.05	$393.45	$451.55	6.66%
$420.00	Jul 10	$23.30	$6.50	$29.80	$390.20	$449.80	6.83%
$455.00	Jul 10	$5.50	$24.95	$30.45	$424.55	$485.45	6.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 3.44% of stock, avg 12.56%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$450.00	$422.50	Jul 10	$7.30	$7.70	$15.00	$407.50	$465.00
$450.00	$425.00	Jul 10	$7.30	$8.00	$15.30	$409.70	$465.30
$447.50	$422.50	Jul 10	$8.50	$7.70	$16.20	$406.30	$463.70
$445.00	$422.50	Jul 10	$8.70	$7.70	$16.40	$406.10	$461.40
$447.50	$425.00	Jul 10	$8.50	$8.00	$16.50	$408.50	$464.00
$445.00	$425.00	Jul 10	$8.70	$8.00	$16.70	$408.30	$461.70
$450.00	$430.00	Jul 10	$7.30	$10.10	$17.40	$412.60	$467.40
$442.50	$422.50	Jul 10	$10.05	$7.70	$17.75	$404.75	$460.25
$442.50	$425.00	Jul 10	$10.05	$8.00	$18.05	$406.95	$460.55
$450.00	$432.50	Jul 10	$7.30	$11.10	$18.40	$414.10	$468.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 320 found (best R:R 82.33, avg credit $6.39)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
350/358	360/370	Jul 17	$9.88	$0.12	82.33	$347.62	$369.88
360/370	390/400	Aug 21	$9.80	$0.20	49.00	$360.20	$399.80
365/368	380/385	Jul 10	$4.87	$0.13	37.46	$362.63	$384.87
365/368	385/390	Jul 10	$4.87	$0.13	37.46	$362.63	$389.87
360/365	405/410	Jul 17	$4.87	$0.13	37.46	$360.13	$409.87
380/382	385/390	Jul 10	$4.85	$0.15	32.33	$377.65	$389.85
365/370	380/385	Jul 17	$4.85	$0.15	32.33	$365.15	$384.85
400/410	420/430	Aug 21	$9.70	$0.30	32.33	$400.30	$429.70
420/430	450/460	Aug 21	$9.65	$0.35	27.57	$420.35	$459.65
400/405	460/465	Jul 31	$4.80	$0.20	24.00	$400.20	$464.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 114 found (best R:R 199.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$350.00	$360.00	$370.00	Jul 17	$0.05	$9.95	199.00
$415.00	$425.00	$435.00	Jul 31	$0.10	$9.90	99.00
$380.00	$390.00	$400.00	Aug 21	$0.15	$9.85	65.67
$350.00	$360.00	$370.00	Jul 24	$0.20	$9.80	49.00
$510.00	$515.00	$520.00	Jul 24	$0.15	$4.85	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$385.00	$390.00	$395.00	Jul 17	$0.05	$4.95	99.00
$400.00	$410.00	$420.00	Aug 21	$0.10	$9.90	99.00
$380.00	$390.00	$400.00	Aug 21	$0.15	$9.85	65.67
$370.00	$372.50	$375.00	Jul 10	$0.05	$2.45	49.00
$372.50	$375.00	$377.50	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. 51 found (best net $-11.90, 47 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$435.00	$475.00	1:2	Aug 7	-$11.90	$28.10
$390.00	$430.00	1:2	Aug 7	-$24.55	$15.45
$480.00	$500.00	1:2	Aug 7	-$14.55	$5.45
$490.00	$495.00	1:2	Jul 10	-$0.32	$4.68
$515.00	$520.00	1:2	Jul 17	-$2.02	$2.98

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$357.50	$350.00	1:2	Jul 17	-$1.92	$5.58
$490.00	$455.00	1:2	Aug 7	-$30.50	$4.50
$405.00	$400.00	1:2	Jul 10	-$2.22	$2.78
$352.50	$350.00	1:2	Jul 10	-$0.02	$2.48
$367.50	$365.00	1:2	Jul 10	-$0.06	$2.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 94 found (best yield 11.77%, avg 3.42%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$440.00	Aug 21	$51.30	0.56	0.9%	11.77%	12.68%	5	223
$450.00	Aug 21	$46.70	0.53	3.2%	10.71%	13.92%	65	42
$460.00	Aug 21	$42.30	0.50	5.5%	9.70%	15.20%	1	17
$470.00	Aug 21	$39.30	0.47	7.8%	9.01%	16.81%	1	261
$440.00	Jul 31	$36.70	0.53	0.9%	8.42%	9.33%	3	10
$480.00	Aug 21	$35.20	0.44	10.1%	8.07%	18.16%	10	206
$445.00	Jul 31	$34.40	0.51	2.1%	7.89%	9.95%	--	15
$450.00	Jul 31	$32.20	0.49	3.2%	7.38%	10.59%	1	31
$490.00	Aug 21	$32.20	0.42	12.4%	7.38%	19.77%	--	43
$437.50	Jul 24	$30.00	0.53	0.3%	6.88%	7.22%	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 3,017

Total Puts 4,013

Put/Call Ratio 1.33

Net Difference -996

Prior's Put/Call Breakdown

Total Calls 5,190

Total Puts 3,433

Put/Call Ratio 0.66

Net Difference 1,757

Prior 7-Day Put/Call Summary

Total Calls 39,441

Total Puts 34,123

Average Put/Call Ratio 0.90

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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