CIEN - Options Database

CIEN

CIENA CORP

$447.30 +0.42%

(7/13 18:01) ◀

Tuesday, July 14, 2026 (3:05pm)

▶ (7/14 18:03)

◀ 7/14 15:06 ▶

Option Volume

Detail

ℹ

Current (07/14 3:05pm) 8,205

Calls: 1,898 (23%)

Puts: 6,307 (77%)

Prior (07/13) 10,076

Calls: 4,324 (43%)

Puts: 5,752 (57%)

Current vs Prior -18.57%

Calls: -56.11% (Calls)

Puts: +9.65% (Puts)

Prior 7-Day Total 66,676

Calls: 33,504 (50%)

Puts: 33,172 (50%)

Prior 7-Day Average 9,525

Calls: 4,786 (50%)

Puts: 4,738 (50%)

Current vs Prior 7-Day Avg -13.86%

Calls: -60.35%

Puts: +33.09%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/14 3:05pm) $12.68M

Calls: $7.04M (56%)

Puts: $5.64M (44%)

Prior (07/13) $19.65M

Calls: $8.38M (43%)

Puts: $11.27M (57%)

Current vs Prior -35.47%

Calls: -16.01%

Puts: -49.94%

Prior 7-Day Total $136.07M

Calls: $75.39M (55%)

Puts: $60.68M (45%)

Prior 7-Day Average $19.44M

Calls: $10.77M (55%)

Puts: $8.67M (45%)

Current vs Prior 7-Day Avg -34.77%

Calls: -34.64%

Puts: -34.94%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/14 3:05pm) 3.32

Prior (07/13) 1.33

Current vs Prior +149.80%

Prior 7-Day Average 1.03

Current vs Prior 7-Day Avg +222.28%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/14 3:05pm) 103,507

Calls: 50,278 (49%)

Puts: 53,229 (51%)

Prior (07/13) 98,720

Calls: 49,012 (50%)

Puts: 49,708 (50%)

Current vs Prior +4.85%

Prior 7-Day Total 683,124

Calls: 338,153 (50%)

Puts: 344,971 (50%)

Prior 7-Day Average 97,589

Calls: 48,307 (50%)

Puts: 49,281 (50%)

Current vs Prior 7-Day Avg +6.06%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 7.31% | 12.54%7.31% | 23.53%

Prior 2.25% | 9.08%9.08% | 23.47%

Current vs Prior +224.85% | +38.17%-19.46% | +0.27%

Prior 7-Day Avg 5.22% | 11.39%11.07% | 24.80%

Current vs 7-Day Avg +40.12% | +10.09%-33.98% | -5.14%

Prior 7-Day Eod 2.25% | 9.08%9.04% | 23.71%

Current vs 7-Day Eod +224.85% | +38.17%-19.10% | -0.75%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 23.66% | 12.42%

Calls: 18.18% | 13.56%

Puts: 29.14% | 11.28%

Prior 113.07% | 16.02%

Calls: 62.50% | 12.71%

Puts: 163.64% | 19.32%

Current vs Prior -79.07% | -22.47%

Prior 7-Day Avg 59.31% | 18.05%

Calls: 47.93% | 19.87%

Puts: 70.68% | 16.22%

Current vs 7-Day Avg -60.11% | -31.18%

Liquidity Expensive

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Extreme bearish P/C ratio of 3.32 - heavy put buying. P/C ratio rising 150% - 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 BEARISH

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

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 52 of results (avg 7.6%, best 3.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$460.00	Aug 21	44.00	45.90	$44.95	4.2%	2	0.52	28
$370.00	Aug 21	94.60	101.00	$97.80	6.5%	1	0.80	190
$450.00	Aug 21	48.10	51.40	$49.75	6.6%	2	0.55	80
$390.00	Aug 21	80.70	87.00	$83.85	7.5%	1	0.74	9
$380.00	Aug 21	87.10	94.00	$90.55	7.6%	1	0.77	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$460.00	Aug 21	53.70	55.40	$54.55	3.1%	48	0.48	28
$500.00	Aug 21	78.80	82.50	$80.65	4.6%	2	0.59	170
$480.00	Aug 21	65.40	68.70	$67.05	4.9%	20	0.54	13
$490.00	Aug 21	71.60	75.40	$73.50	5.2%	--	0.57	16
$490.00	Aug 7	63.00	66.60	$64.80	5.6%	4	0.61	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. 102 found (avg delta 0.69, highest 0.98)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 17	84.60	93.00	$88.80	9.5%	--	0.98	16
$370.00	Jul 17	74.90	83.00	$78.95	10.3%	--	0.97	34
$380.00	Jul 17	65.30	73.00	$69.15	11.1%	1	0.95	59
$385.00	Jul 17	60.70	69.00	$64.85	12.8%	--	0.94	22
$382.50	Jul 17	63.00	71.00	$67.00	11.9%	1	0.94	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$530.00	Jul 17	79.00	86.00	$82.50	8.5%	--	0.96	45
$520.00	Jul 17	69.00	76.30	$72.65	10.0%	3	0.94	51
$510.00	Jul 17	60.00	66.60	$63.30	10.4%	--	0.92	59
$505.00	Jul 17	55.00	62.60	$58.80	12.9%	1	0.88	2
$500.00	Jul 17	50.00	58.00	$54.00	14.8%	2	0.88	223

Most actively traded options today. High liquidity = easy entry/exit. 184 active (total vol 1.8K, top 150)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$475.00	Aug 7	27.90	31.30	$29.60	11.5%	150	0.44	10
$530.00	Jul 17	0.60	1.00	$0.80	50.0%	140	0.05	290
$490.00	Jul 17	2.95	4.30	$3.63	37.2%	76	0.17	844
$500.00	Jul 17	1.75	3.50	$2.63	66.5%	36	0.13	702
$480.00	Jul 17	4.50	6.00	$5.25	28.6%	34	0.24	327

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$470.00	Aug 7	49.90	53.70	$51.80	7.3%	80	0.54	--
$500.00	Aug 7	68.00	74.30	$71.15	8.9%	72	0.64	3
$420.00	Jul 17	3.80	7.00	$5.40	59.3%	57	0.22	134
$380.00	Jul 17	0.60	1.40	$1.00	80.0%	48	0.05	513
$460.00	Aug 21	53.70	55.40	$54.55	3.1%	48	0.48	28

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 66 strikes (avg 19.0%, max 64.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$525.00	Jul 17	Aug 14	127.0%	85.9%	47.8%	22	163
$360.00	Jul 17	Aug 28	126.2%	89.7%	40.7%	--	26
$535.00	Jul 17	Aug 7	128.0%	92.2%	38.7%	1	36
$515.00	Jul 17	Aug 14	117.3%	86.2%	36.0%	1	79
$370.00	Jul 17	Aug 21	114.6%	87.7%	30.7%	1	224

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$365.00	Jul 17	Aug 28	147.8%	89.7%	64.8%	22	58
$360.00	Jul 17	Aug 28	126.2%	89.7%	40.7%	71	453
$380.00	Jul 17	Aug 21	113.7%	87.1%	30.6%	59	554
$375.00	Jul 17	Aug 14	115.0%	88.7%	29.6%	19	31
$370.00	Jul 17	Aug 28	114.6%	88.9%	28.9%	43	481

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 220 found (best R:R 27.57, avg 3.18)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$510.00	$520.00	Jul 31	$0.35	$9.65	$0.35	27.57	$510.35
$490.00	$492.50	Jul 17	$0.10	$2.40	$0.10	24.00	$490.10
$492.50	$495.00	Jul 17	$0.15	$2.35	$0.15	15.67	$492.65
$525.00	$530.00	Jul 24	$0.30	$4.70	$0.30	15.67	$525.30
$510.00	$515.00	Aug 7	$0.30	$4.70	$0.30	15.67	$510.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$380.00	$375.00	Jul 17	$0.23	$4.77	$0.23	20.74	$379.77
$390.00	$385.00	Jul 17	$0.25	$4.75	$0.25	19.00	$389.75
$380.00	$375.00	Jul 31	$0.30	$4.70	$0.30	15.67	$379.70
$380.00	$375.00	Jul 24	$0.35	$4.65	$0.35	13.29	$379.65
$435.00	$430.00	Aug 14	$0.35	$4.65	$0.35	13.29	$434.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 269 found (best R:R 65.67, avg 2.19)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$370.00	Jul 17	$9.85	$9.85	$0.15	65.67	$369.85
$370.00	$380.00	Jul 17	$9.80	$9.80	$0.20	49.00	$379.80
$400.00	$410.00	Jul 17	$9.45	$9.45	$0.55	17.18	$409.45
$410.00	$415.00	Jul 24	$4.65	$4.65	$0.35	13.29	$414.65
$385.00	$390.00	Jul 17	$4.50	$4.50	$0.50	9.00	$389.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$530.00	$520.00	Jul 17	$9.85	$9.85	$0.15	65.67	$520.15
$505.00	$500.00	Jul 17	$4.80	$4.80	$0.20	24.00	$500.20
$520.00	$510.00	Jul 17	$9.35	$9.35	$0.65	14.38	$510.65
$500.00	$490.00	Jul 17	$9.30	$9.30	$0.70	13.29	$490.70
$510.00	$505.00	Jul 17	$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. 67 found (avg debit $8.49, cheapest $1.50)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$360.00	Jul 17	Jul 24	$2.70	126.2%	100.2%
$525.00	Jul 17	Jul 24	$3.42	127.0%	90.5%
$530.00	Jul 17	Jul 24	$4.60	105.6%	92.4%
$520.00	Jul 17	Jul 24	$5.30	105.2%	91.3%
$380.00	Jul 17	Jul 24	$5.50	113.7%	96.6%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$365.00	Jul 17	Jul 24	$1.50	147.8%	97.1%
$360.00	Jul 17	Jul 24	$2.30	126.2%	100.2%
$370.00	Jul 17	Jul 24	$3.10	114.6%	97.5%
$375.00	Jul 17	Jul 24	$3.88	115.0%	99.5%
$380.00	Jul 17	Jul 24	$4.00	113.7%	96.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 91 found (cheapest 7.03% of stock, avg 15.57%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$447.50	Jul 17	$16.35	$15.10	$31.45	$416.05	$478.95	7.03%
$452.50	Jul 17	$14.20	$17.50	$31.70	$420.80	$484.20	7.09%
$445.00	Jul 17	$17.60	$14.30	$31.90	$413.10	$476.90	7.13%
$450.00	Jul 17	$15.45	$16.60	$32.05	$417.95	$482.05	7.17%
$455.00	Jul 17	$12.80	$19.55	$32.35	$422.65	$487.35	7.23%
$442.50	Jul 17	$18.90	$13.55	$32.45	$410.05	$474.95	7.25%
$440.00	Jul 17	$20.80	$12.00	$32.80	$407.20	$472.80	7.33%
$457.50	Jul 17	$12.60	$21.00	$33.60	$423.90	$491.10	7.51%
$460.00	Jul 17	$10.85	$23.05	$33.90	$426.10	$493.90	7.58%
$465.00	Jul 17	$9.10	$25.75	$34.85	$430.15	$499.85	7.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 4.97% of stock, avg 12.48%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$462.50	$440.00	Jul 17	$10.25	$12.00	$22.25	$417.75	$484.75
$460.00	$440.00	Jul 17	$10.85	$12.00	$22.85	$417.15	$482.85
$462.50	$442.50	Jul 17	$10.25	$13.55	$23.80	$418.70	$486.30
$460.00	$442.50	Jul 17	$10.85	$13.55	$24.40	$418.10	$484.40
$462.50	$445.00	Jul 17	$10.25	$14.30	$24.55	$420.45	$487.05
$457.50	$440.00	Jul 17	$12.60	$12.00	$24.60	$415.40	$482.10
$455.00	$440.00	Jul 17	$12.80	$12.00	$24.80	$415.20	$479.80
$460.00	$445.00	Jul 17	$10.85	$14.30	$25.15	$419.85	$485.15
$462.50	$447.50	Jul 17	$10.25	$15.10	$25.35	$422.15	$487.85
$460.00	$447.50	Jul 17	$10.85	$15.10	$25.95	$421.55	$485.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 356 found (best R:R 99.00, avg credit $6.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
420/430	465/475	Aug 7	$9.90	$0.10	99.00	$420.10	$474.90
405/410	440/445	Jul 31	$4.90	$0.10	49.00	$405.10	$444.90
385/390	400/410	Jul 17	$9.70	$0.30	32.33	$380.30	$409.70
375/380	400/410	Jul 17	$9.68	$0.32	30.25	$370.32	$409.68
400/410	440/450	Aug 21	$9.65	$0.35	27.57	$400.35	$449.65
375/380	400/405	Jul 24	$4.80	$0.20	24.00	$375.20	$404.80
370/375	440/445	Jul 31	$4.80	$0.20	24.00	$370.20	$444.80
395/400	440/445	Jul 31	$4.80	$0.20	24.00	$395.20	$444.80
380/390	400/410	Aug 21	$9.60	$0.40	24.00	$380.40	$409.60
360/362	400/405	Jul 24	$4.78	$0.22	21.73	$357.72	$404.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$480.00	$490.00	$500.00	Aug 21	$0.10	$9.90	99.00
$420.00	$425.00	$430.00	Jul 24	$0.10	$4.90	49.00
$410.00	$420.00	$430.00	Aug 21	$0.20	$9.80	49.00
$380.00	$390.00	$400.00	Aug 21	$0.50	$9.50	19.00
$370.00	$380.00	$390.00	Aug 21	$0.55	$9.45	17.18

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$360.00	$365.00	$370.00	Jul 31	$0.05	$4.95	99.00
$410.00	$420.00	$430.00	Aug 21	$0.10	$9.90	99.00
$420.00	$430.00	$440.00	Aug 21	$0.10	$9.90	99.00
$460.00	$470.00	$480.00	Aug 21	$0.10	$9.90	99.00
$470.00	$480.00	$490.00	Aug 21	$0.15	$9.85	65.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-5.00, 38 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$460.00	$505.00	1:2	Aug 28	-$17.60	$27.40
$490.00	$515.00	1:2	Aug 14	-$13.95	$11.05
$435.00	$465.00	1:2	Aug 7	-$21.00	$9.00
$480.00	$500.00	1:2	Aug 7	-$17.00	$3.00
$520.00	$530.00	1:2	Jul 31	-$7.40	$2.60

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$510.00	$440.00	1:2	Aug 28	-$5.00	$65.00
$400.00	$370.00	1:2	Aug 28	-$9.80	$20.20
$520.00	$480.00	1:2	Aug 14	-$34.60	$5.40
$370.00	$360.00	1:2	Aug 14	-$5.30	$4.70
$380.00	$375.00	1:2	Jul 17	-$0.54	$4.46

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 89 found (best yield 10.75%, avg 3.45%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$450.00	Aug 21	$48.10	0.55	0.6%	10.75%	11.36%	2	80
$460.00	Aug 28	$48.00	0.54	2.8%	10.73%	13.57%	--	12
$460.00	Aug 21	$44.00	0.52	2.8%	9.84%	12.68%	2	28
$470.00	Aug 21	$39.00	0.49	5.1%	8.72%	13.79%	1	257
$480.00	Aug 21	$35.50	0.46	7.3%	7.94%	15.25%	6	217
$490.00	Aug 21	$32.10	0.43	9.6%	7.18%	16.72%	4	49
$505.00	Aug 28	$32.10	0.41	12.9%	7.18%	20.08%	--	12
$465.00	Aug 7	$31.60	0.48	4.0%	7.06%	11.02%	--	10
$450.00	Jul 31	$31.40	0.54	0.6%	7.02%	7.62%	1	32
$480.00	Aug 14	$31.20	0.45	7.3%	6.98%	14.29%	2	7

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 1,898

Total Puts 6,307

Put/Call Ratio 3.32

Net Difference -4,409

Prior's Put/Call Breakdown

Total Calls 4,324

Total Puts 5,752

Put/Call Ratio 1.33

Net Difference -1,428

Prior 7-Day Put/Call Summary

Total Calls 33,504

Total Puts 33,172

Average Put/Call Ratio 1.03

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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