CIEN - Options Database

CIEN

CIENA CORP

$446.50 -3.09%

(7/10 18:00) ◀

Monday, July 13, 2026 (3:05pm)

▶ (7/13 18:01)

◀ 7/13 15:06 ▶

Option Volume

Detail

ℹ

Current (07/13 3:05pm) 10,076

Calls: 4,324 (43%)

Puts: 5,752 (57%)

Prior (07/10) 11,975

Calls: 5,428 (45%)

Puts: 6,547 (55%)

Current vs Prior -15.86%

Calls: -20.34% (Calls)

Puts: -12.14% (Puts)

Prior 7-Day Total 65,027

Calls: 34,784 (53%)

Puts: 30,243 (47%)

Prior 7-Day Average 9,289

Calls: 4,969 (53%)

Puts: 4,320 (47%)

Current vs Prior 7-Day Avg +8.47%

Calls: -12.98%

Puts: +33.13%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/13 3:05pm) $19.65M

Calls: $8.38M (43%)

Puts: $11.27M (57%)

Prior (07/10) $32.02M

Calls: $12.96M (40%)

Puts: $19.06M (60%)

Current vs Prior -38.64%

Calls: -35.32%

Puts: -40.90%

Prior 7-Day Total $137.54M

Calls: $90.44M (66%)

Puts: $47.10M (34%)

Prior 7-Day Average $19.65M

Calls: $12.92M (66%)

Puts: $6.73M (34%)

Current vs Prior 7-Day Avg +-0.00%

Calls: -35.13%

Puts: +67.44%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/13 3:05pm) 1.33

Prior (07/10) 1.21

Current vs Prior +10.29%

Prior 7-Day Average 0.94

Current vs Prior 7-Day Avg +42.14%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/13 3:05pm) 98,720

Calls: 49,012 (50%)

Puts: 49,708 (50%)

Prior (07/10) 109,420

Calls: 56,547 (52%)

Puts: 52,873 (48%)

Current vs Prior -9.78%

Prior 7-Day Total 659,844

Calls: 324,626 (49%)

Puts: 335,218 (51%)

Prior 7-Day Average 94,263

Calls: 46,375 (49%)

Puts: 47,888 (51%)

Current vs Prior 7-Day Avg +4.73%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 8.82% | 13.12%8.82% | 23.71%

Prior 6.17% | 11.78%11.78% | 25.34%

Current vs Prior +43.03% | +11.44%-25.07% | -6.45%

Prior 7-Day Avg 5.98% | 11.98%11.64% | 25.08%

Current vs 7-Day Avg +47.66% | +9.60%-24.17% | -5.47%

Prior 7-Day Eod 6.17% | 11.78%9.26% | 23.58%

Current vs 7-Day Eod +43.03% | +11.44%-4.68% | +0.53%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 23.41% | 20.11%

Calls: 25.59% | 22.60%

Puts: 21.23% | 17.62%

Prior 20.79% | 20.45%

Calls: 22.71% | 20.85%

Puts: 18.87% | 20.04%

Current vs Prior +12.60% | -1.66%

Prior 7-Day Avg 49.38% | 19.80%

Calls: 46.11% | 22.11%

Puts: 52.64% | 17.49%

Current vs 7-Day Avg -52.59% | +1.56%

Liquidity Expensive

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Bearish P/C ratio of 1.33 indicates protective positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BULLISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

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 47 of results (avg 7.5%, best 3.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$460.00	Aug 21	43.50	45.90	$44.70	5.4%	15	0.51	19
$470.00	Aug 21	39.40	41.60	$40.50	5.4%	2	0.48	255
$480.00	Aug 21	35.60	37.90	$36.75	6.3%	2	0.45	217
$420.00	Aug 21	62.40	66.60	$64.50	6.5%	--	0.64	12
$400.00	Aug 21	72.70	78.10	$75.40	7.2%	3	0.70	5

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$470.00	Aug 21	61.60	63.50	$62.55	3.0%	1	0.52	15
$460.00	Aug 21	55.80	57.60	$56.70	3.2%	4	0.49	26
$490.00	Aug 21	74.20	77.80	$76.00	4.7%	2	0.57	16
$500.00	Aug 21	80.10	84.00	$82.05	4.8%	4	0.60	168
$480.00	Aug 21	67.80	71.70	$69.75	5.6%	2	0.55	9

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. 97 found (avg delta 0.68, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 17	82.60	90.20	$86.40	8.8%	2	1.00	15
$377.50	Jul 17	66.00	73.00	$69.50	10.1%	2	0.94	--
$370.00	Jul 17	73.00	80.00	$76.50	9.2%	--	0.94	34
$372.50	Jul 17	71.00	78.50	$74.75	10.0%	2	0.94	--
$380.00	Jul 17	64.00	71.40	$67.70	10.9%	--	0.92	59

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$530.00	Jul 17	82.00	89.00	$85.50	8.2%	4	0.94	48
$520.00	Jul 17	72.00	80.00	$76.00	10.5%	--	0.93	51
$510.00	Jul 17	63.00	70.90	$66.95	11.8%	6	0.89	58
$500.00	Jul 17	54.10	61.50	$57.80	12.8%	6	0.86	224
$525.00	Jul 24	81.00	89.00	$85.00	9.4%	--	0.82	31

Most actively traded options today. High liquidity = easy entry/exit. 184 active (total vol 3.7K, top 1.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$485.00	Jul 17	4.70	6.40	$5.55	30.6%	102	0.22	65
$500.00	Jul 17	2.50	3.50	$3.00	33.3%	80	0.14	661
$525.00	Jul 24	5.00	7.20	$6.10	36.1%	51	0.17	40
$495.00	Jul 17	3.10	4.60	$3.85	39.0%	43	0.16	43
$465.00	Jul 17	9.30	11.80	$10.55	23.7%	36	0.35	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Aug 21	49.90	53.70	$51.80	7.3%	1.1K	0.45	81
$370.00	Jul 17	0.80	1.70	$1.25	72.0%	261	0.05	475
$380.00	Jul 17	1.45	2.45	$1.95	51.3%	221	0.08	510
$390.00	Jul 17	2.35	3.40	$2.88	36.5%	154	0.11	248
$400.00	Jul 17	3.50	5.10	$4.30	37.2%	154	0.16	638

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 64 strikes (avg 16.8%, max 46.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$535.00	Jul 17	Aug 14	125.8%	85.8%	46.7%	2	25
$370.00	Jul 17	Aug 21	112.8%	88.8%	27.1%	16	205
$360.00	Jul 17	Aug 14	115.4%	91.7%	25.9%	4	16
$390.00	Jul 17	Aug 21	107.8%	87.8%	22.8%	3	79
$400.00	Jul 17	Aug 21	106.2%	87.2%	21.8%	3	181

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$365.00	Jul 17	Aug 14	129.6%	88.7%	46.2%	45	31
$405.00	Jul 17	Aug 14	115.5%	85.5%	35.0%	2	22
$360.00	Jul 17	Aug 21	115.4%	89.4%	29.0%	41	469
$370.00	Jul 17	Aug 21	112.8%	88.8%	27.1%	262	540
$380.00	Jul 17	Aug 21	110.8%	88.4%	25.2%	227	551

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 194 found (best R:R 32.33, avg 3.35)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$525.00	$530.00	Jul 17	$0.15	$4.85	$0.15	32.33	$525.15
$502.50	$505.00	Jul 17	$0.12	$2.38	$0.12	19.83	$502.62
$515.00	$520.00	Jul 17	$0.28	$4.72	$0.28	16.86	$515.28
$507.50	$510.00	Jul 17	$0.15	$2.35	$0.15	15.67	$507.65
$480.00	$485.00	Jul 31	$0.30	$4.70	$0.30	15.67	$480.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$365.00	$360.00	Jul 24	$0.25	$4.75	$0.25	19.00	$364.75
$365.00	$360.00	Aug 14	$0.25	$4.75	$0.25	19.00	$364.75
$375.00	$372.50	Jul 17	$0.15	$2.35	$0.15	15.67	$374.85
$435.00	$432.50	Jul 17	$0.20	$2.30	$0.20	11.50	$434.80
$375.00	$370.00	Jul 24	$0.40	$4.60	$0.40	11.50	$374.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 247 found (best R:R 19.00, avg 1.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$390.00	$400.00	Jul 17	$9.45	$9.45	$0.55	17.18	$399.45
$360.00	$362.50	Jul 24	$2.20	$2.20	$0.30	7.33	$362.20
$362.50	$380.00	Jul 24	$14.90	$14.90	$2.60	5.73	$377.40
$357.50	$360.00	Jul 24	$2.10	$2.10	$0.40	5.25	$359.60
$415.00	$417.50	Jul 24	$2.00	$2.00	$0.50	4.00	$417.00

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$530.00	$520.00	Jul 17	$9.50	$9.50	$0.50	19.00	$520.50
$387.50	$385.00	Jul 24	$2.35	$2.35	$0.15	15.67	$385.15
$510.00	$500.00	Jul 17	$9.15	$9.15	$0.85	10.76	$500.85
$520.00	$510.00	Jul 17	$9.05	$9.05	$0.95	9.53	$510.95
$405.00	$402.50	Jul 17	$2.15	$2.15	$0.35	6.14	$402.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 64 found (avg debit $8.31, cheapest $2.35)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$360.00	Jul 17	Jul 24	$3.60	115.4%	102.1%
$530.00	Jul 17	Jul 24	$4.27	103.8%	91.5%
$525.00	Jul 17	Jul 24	$4.72	102.0%	91.3%
$520.00	Jul 17	Jul 24	$4.80	97.0%	88.1%
$380.00	Jul 17	Jul 24	$5.20	110.8%	97.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$365.00	Jul 17	Jul 24	$2.35	129.6%	99.0%
$360.00	Jul 17	Jul 24	$3.10	115.4%	102.1%
$370.00	Jul 17	Jul 24	$3.90	112.8%	100.6%
$375.00	Jul 17	Jul 24	$4.13	109.3%	97.9%
$380.00	Jul 17	Jul 24	$4.45	110.8%	97.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 88 found (cheapest 8.31% of stock, avg 16.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$450.00	Jul 17	$16.85	$20.25	$37.10	$412.90	$487.10	8.31%
$442.50	Jul 17	$20.90	$17.25	$38.15	$404.35	$480.65	8.54%
$447.50	Jul 17	$17.90	$20.25	$38.15	$409.35	$485.65	8.54%
$445.00	Jul 17	$19.15	$19.10	$38.25	$406.75	$483.25	8.57%
$455.00	Jul 17	$14.45	$23.80	$38.25	$416.75	$493.25	8.57%
$452.50	Jul 17	$15.70	$23.10	$38.80	$413.70	$491.30	8.69%
$440.00	Jul 17	$22.20	$16.65	$38.85	$401.15	$478.85	8.70%
$457.50	Jul 17	$13.90	$24.95	$38.85	$418.65	$496.35	8.70%
$432.50	Jul 17	$25.95	$13.75	$39.70	$392.80	$472.20	8.89%
$427.50	Jul 17	$29.55	$10.30	$39.85	$387.65	$467.35	8.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 6.16% of stock, avg 12.60%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$457.50	$437.50	Jul 17	$13.90	$13.60	$27.50	$410.00	$485.00
$457.50	$435.00	Jul 17	$13.90	$13.95	$27.85	$407.15	$485.35
$455.00	$437.50	Jul 17	$14.45	$13.60	$28.05	$409.45	$483.05
$455.00	$435.00	Jul 17	$14.45	$13.95	$28.40	$406.60	$483.40
$452.50	$437.50	Jul 17	$15.70	$13.60	$29.30	$408.20	$481.80
$452.50	$435.00	Jul 17	$15.70	$13.95	$29.65	$405.35	$482.15
$450.00	$437.50	Jul 17	$16.85	$13.60	$30.45	$407.05	$480.45
$457.50	$440.00	Jul 17	$13.90	$16.65	$30.55	$409.45	$488.05
$450.00	$435.00	Jul 17	$16.85	$13.95	$30.80	$404.20	$480.80
$455.00	$440.00	Jul 17	$14.45	$16.65	$31.10	$408.90	$486.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 366 found (best R:R 99.00, avg credit $7.03)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
370/380	390/400	Aug 21	$9.90	$0.10	99.00	$370.10	$399.90
390/395	410/415	Jul 24	$4.90	$0.10	49.00	$390.10	$414.90
390/395	440/445	Jul 31	$4.90	$0.10	49.00	$390.10	$444.90
390/395	475/480	Jul 31	$4.90	$0.10	49.00	$390.10	$479.90
360/362	390/400	Jul 17	$9.70	$0.30	32.33	$352.80	$399.70
365/370	435/440	Jul 31	$4.85	$0.15	32.33	$365.15	$439.85
420/430	450/460	Aug 21	$9.70	$0.30	32.33	$420.30	$459.70
440/450	460/470	Aug 21	$9.70	$0.30	32.33	$440.30	$469.70
365/368	390/400	Jul 17	$9.68	$0.32	30.25	$357.82	$399.68
372/375	390/400	Jul 17	$9.60	$0.40	24.00	$365.40	$399.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 97 found (best R:R 99.00, cheapest $0.10)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$490.00	$500.00	$510.00	Aug 7	$0.15	$9.85	65.67
$410.00	$420.00	$430.00	Aug 21	$0.15	$9.85	65.67
$400.00	$410.00	$420.00	Aug 21	$0.20	$9.80	49.00
$490.00	$492.50	$495.00	Jul 17	$0.10	$2.40	24.00
$490.00	$495.00	$500.00	Jul 24	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$400.00	$410.00	$420.00	Aug 21	$0.10	$9.90	99.00
$430.00	$440.00	$450.00	Jul 31	$0.15	$9.85	65.67
$370.00	$380.00	$390.00	Aug 21	$0.15	$9.85	65.67
$375.00	$380.00	$385.00	Jul 24	$0.15	$4.85	32.33
$380.00	$390.00	$400.00	Aug 21	$0.30	$9.70	32.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-12.40, 34 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$415.00	$460.00	1:2	Aug 14	-$18.50	$26.50
$380.00	$420.00	1:2	Aug 7	-$29.10	$10.90
$510.00	$515.00	1:2	Jul 17	-$0.76	$4.24
$515.00	$520.00	1:2	Jul 17	-$1.07	$3.93
$525.00	$530.00	1:2	Jul 17	-$1.08	$3.92

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$480.00	$435.00	1:2	Aug 14	-$12.40	$32.60
$380.00	$375.00	1:2	Jul 17	-$0.89	$4.11
$390.00	$385.00	1:2	Jul 17	-$1.32	$3.68
$395.00	$390.00	1:2	Jul 17	-$2.38	$2.62
$400.00	$395.00	1:2	Jul 17	-$2.46	$2.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 87 found (best yield 10.68%, avg 3.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$450.00	Aug 21	$47.70	0.55	0.8%	10.68%	11.47%	32	68
$460.00	Aug 21	$43.50	0.51	3.0%	9.74%	12.77%	15	19
$470.00	Aug 21	$39.40	0.48	5.3%	8.82%	14.09%	2	255
$460.00	Aug 14	$37.90	0.51	3.0%	8.49%	11.51%	10	1
$480.00	Aug 21	$35.60	0.45	7.5%	7.97%	15.48%	2	217
$460.00	Aug 7	$32.80	0.49	3.0%	7.35%	10.37%	5	7
$490.00	Aug 21	$31.90	0.43	9.7%	7.14%	16.89%	1	48
$450.00	Jul 31	$31.20	0.52	0.8%	6.99%	7.77%	--	32
$465.00	Aug 7	$30.40	0.48	4.1%	6.81%	10.95%	--	10
$480.00	Aug 14	$30.20	0.44	7.5%	6.76%	14.27%	11	6

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 4,324

Total Puts 5,752

Put/Call Ratio 1.33

Net Difference -1,428

Prior's Put/Call Breakdown

Total Calls 5,428

Total Puts 6,547

Put/Call Ratio 1.21

Net Difference -1,119

Prior 7-Day Put/Call Summary

Total Calls 34,784

Total Puts 30,243

Average Put/Call Ratio 0.94

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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