CIEN - Options Database

CIEN

CIENA CORP

$380.68 +1.67%

(7/17 18:02) ◀

Monday, July 20, 2026 (3:05pm)

▶ (7/20 18:01)

◀ 7/20 15:05 ▶

Option Volume

Detail

ℹ

Current (07/20 3:05pm) 6,651

Calls: 3,774 (57%)

Puts: 2,877 (43%)

Prior (07/17) 9,233

Calls: 3,962 (43%)

Puts: 5,271 (57%)

Current vs Prior -27.96%

Calls: -4.75% (Calls)

Puts: -45.42% (Puts)

Prior 7-Day Total 79,840

Calls: 33,109 (41%)

Puts: 46,731 (59%)

Prior 7-Day Average 11,405

Calls: 4,729 (41%)

Puts: 6,675 (59%)

Current vs Prior 7-Day Avg -41.69%

Calls: -20.21%

Puts: -56.90%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/20 3:05pm) $15.81M

Calls: $8.37M (53%)

Puts: $7.45M (47%)

Prior (07/17) $21.10M

Calls: $8.22M (39%)

Puts: $12.88M (61%)

Current vs Prior -25.05%

Calls: +1.79%

Puts: -42.17%

Prior 7-Day Total $152.11M

Calls: $66.06M (43%)

Puts: $86.04M (57%)

Prior 7-Day Average $21.73M

Calls: $9.44M (43%)

Puts: $12.29M (57%)

Current vs Prior 7-Day Avg -27.23%

Calls: -11.36%

Puts: -39.41%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/20 3:05pm) 0.76

Prior (07/17) 1.33

Current vs Prior -42.70%

Prior 7-Day Average 1.57

Current vs Prior 7-Day Avg -51.41%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/20 3:05pm) 93,320

Calls: 44,277 (47%)

Puts: 49,043 (53%)

Prior (07/17) 119,885

Calls: 57,885 (48%)

Puts: 62,000 (52%)

Current vs Prior -22.16%

Prior 7-Day Total 727,158

Calls: 357,914 (49%)

Puts: 369,244 (51%)

Prior 7-Day Average 103,879

Calls: 51,130 (49%)

Puts: 52,749 (51%)

Current vs Prior 7-Day Avg -10.17%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 9.72% | 14.11%22.28% | 32.93%

Prior 5.35% | 11.53%5.35% | 23.31%

Current vs Prior +81.61% | +22.38%+316.24% | +41.26%

Prior 7-Day Avg 6.30% | 11.66%8.78% | 24.04%

Current vs 7-Day Avg +54.17% | +20.95%+153.58% | +36.99%

Prior 7-Day Eod 5.35% | 11.53%2.78% | 24.26%

Current vs 7-Day Eod +81.61% | +22.38%+701.95% | +35.70%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.91% | 11.55%

Calls: 19.53% | 10.06%

Puts: 18.28% | 13.04%

Prior 34.39% | 25.45%

Calls: 48.89% | 25.22%

Puts: 19.90% | 25.69%

Current vs Prior -45.01% | -54.62%

Prior 7-Day Avg 38.75% | 17.79%

Calls: 32.62% | 17.88%

Puts: 44.87% | 17.70%

Current vs 7-Day Avg -51.20% | -35.07%

Liquidity Expensive

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P/C ratio dropping 43% - sentiment shifting bullish. Declining open interest (down 22%) indicates positions being closed.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BEARISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

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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⚡ 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 7.9%, best 4.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$335.00	Aug 21	66.10	69.20	$67.65	4.6%	2	0.74	--
$355.00	Aug 21	54.00	56.90	$55.45	5.2%	2	0.67	--
$355.00	Aug 14	50.10	52.80	$51.45	5.2%	--	0.67	42
$370.00	Aug 21	46.10	48.90	$47.50	5.9%	2	0.61	93
$360.00	Jul 31	36.80	39.10	$37.95	6.1%	4	0.66	7

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Aug 21	62.50	66.10	$64.30	5.6%	--	0.59	161
$410.00	Aug 21	55.90	59.30	$57.60	5.9%	--	0.56	100
$420.00	Aug 14	58.60	62.30	$60.45	6.1%	--	0.61	16
$410.00	Aug 14	52.10	55.50	$53.80	6.3%	--	0.57	11
$430.00	Aug 21	68.90	73.40	$71.15	6.3%	2	0.62	151

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. 125 found (avg delta 0.67, highest 0.95)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Jul 24	51.70	58.00	$54.85	11.5%	50	0.89	66
$305.00	Jul 31	77.70	85.00	$81.35	9.0%	--	0.89	25
$310.00	Jul 31	73.10	81.00	$77.05	10.3%	10	0.89	3
$305.00	Aug 7	81.10	88.00	$84.55	8.2%	2	0.87	7
$320.00	Jul 31	65.10	72.00	$68.55	10.1%	10	0.86	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Jul 24	66.00	73.60	$69.80	10.9%	1	0.95	42
$447.50	Jul 24	63.00	70.80	$66.90	11.7%	--	0.95	23
$455.00	Jul 24	70.00	77.90	$73.95	10.7%	--	0.95	72
$445.00	Jul 24	61.00	68.90	$64.95	12.2%	--	0.94	37
$440.00	Jul 24	56.00	63.90	$59.95	13.2%	--	0.92	21

Most actively traded options today. High liquidity = easy entry/exit. 238 active (total vol 2.6K, top 152)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$392.50	Jul 31	20.20	23.40	$21.80	14.7%	89	0.47	2
$450.00	Jul 24	0.85	1.50	$1.18	55.1%	84	0.07	46
$430.00	Jul 24	2.70	3.40	$3.05	23.0%	83	0.15	58
$420.00	Jul 24	4.10	6.10	$5.10	39.2%	57	0.22	38
$350.00	Jul 24	35.40	42.00	$38.70	17.1%	56	0.79	76

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Jul 31	12.40	15.90	$14.15	24.7%	152	0.31	20
$310.00	Jul 31	3.80	5.10	$4.45	29.2%	91	0.12	4.9K
$330.00	Aug 21	15.90	21.70	$18.80	30.9%	88	0.25	299
$330.00	Jul 24	2.40	3.40	$2.90	34.5%	60	0.12	39
$310.00	Jul 24	0.75	1.45	$1.10	63.6%	52	0.05	266

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 18.1%, max 30.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$380.00	Jul 24	Aug 28	112.8%	90.4%	24.8%	15	138
$355.00	Jul 24	Aug 28	115.4%	92.7%	24.5%	12	10
$360.00	Jul 24	Aug 28	113.5%	91.7%	23.8%	5	51
$370.00	Jul 24	Aug 21	114.9%	92.8%	23.7%	4	133
$365.00	Jul 24	Aug 28	112.7%	91.3%	23.5%	11	24

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$310.00	Jul 24	Aug 21	125.6%	96.1%	30.8%	52	305
$330.00	Jul 24	Aug 28	122.4%	93.6%	30.7%	62	61
$305.00	Jul 24	Aug 21	122.1%	94.0%	29.9%	44	73
$315.00	Jul 24	Aug 14	123.3%	95.9%	28.6%	33	58
$357.50	Jul 24	Jul 31	126.1%	98.2%	28.4%	37	22

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 215 found (best R:R 32.33, avg 3.54)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$442.50	$445.00	Jul 24	$0.12	$2.38	$0.12	19.83	$442.62
$385.00	$387.50	Jul 24	$0.15	$2.35	$0.15	15.67	$385.15
$402.50	$405.00	Jul 24	$0.20	$2.30	$0.20	11.50	$402.70
$422.50	$425.00	Jul 31	$0.20	$2.30	$0.20	11.50	$422.70
$425.00	$430.00	Jul 31	$0.45	$4.55	$0.45	10.11	$425.45

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$325.00	$320.00	Aug 28	$0.15	$4.85	$0.15	32.33	$324.85
$377.50	$375.00	Aug 7	$0.10	$2.40	$0.10	24.00	$377.40
$382.50	$380.00	Aug 7	$0.10	$2.40	$0.10	24.00	$382.40
$307.50	$305.00	Jul 24	$0.15	$2.35	$0.15	15.67	$307.35
$320.00	$317.50	Jul 31	$0.15	$2.35	$0.15	15.67	$319.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 278 found (best R:R 32.33, avg 1.68)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$380.00	$385.00	Aug 21	$4.65	$4.65	$0.35	13.29	$384.65
$355.00	$360.00	Jul 31	$4.60	$4.60	$0.40	11.50	$359.60
$350.00	$355.00	Aug 14	$4.55	$4.55	$0.45	10.11	$354.55
$330.00	$340.00	Jul 24	$8.75	$8.75	$1.25	7.00	$338.75
$305.00	$310.00	Jul 31	$4.30	$4.30	$0.70	6.14	$309.30

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$425.00	$420.00	Jul 31	$4.85	$4.85	$0.15	32.33	$420.15
$380.00	$377.50	Aug 7	$2.40	$2.40	$0.10	24.00	$377.60
$420.00	$415.00	Aug 7	$4.55	$4.55	$0.45	10.11	$415.45
$417.50	$415.00	Jul 24	$2.25	$2.25	$0.25	9.00	$415.25
$455.00	$450.00	Jul 31	$4.45	$4.45	$0.55	8.09	$450.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 72 found (avg debit $8.05, cheapest $3.20)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$305.00	Jul 31	Aug 7	$3.20	118.0%	104.6%
$450.00	Jul 24	Jul 31	$5.97	100.7%	103.2%
$360.00	Jul 24	Jul 31	$6.05	113.5%	99.3%
$445.00	Jul 24	Jul 31	$6.12	101.4%	101.6%
$442.50	Jul 24	Jul 31	$6.45	100.5%	101.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$310.00	Jul 24	Jul 31	$3.35	125.6%	108.4%
$315.00	Jul 24	Jul 31	$3.75	123.3%	107.1%
$320.00	Jul 24	Jul 31	$3.75	124.5%	104.2%
$317.50	Jul 24	Jul 31	$3.77	125.6%	106.4%
$305.00	Jul 24	Jul 31	$4.20	122.1%	118.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 94 found (cheapest 9.30% of stock, avg 17.82%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$390.00	Jul 24	$13.65	$21.75	$35.40	$354.60	$425.40	9.30%
$385.00	Jul 24	$15.80	$19.75	$35.55	$349.45	$420.55	9.34%
$380.00	Jul 24	$18.95	$17.00	$35.95	$344.05	$415.95	9.44%
$387.50	Jul 24	$15.65	$20.75	$36.40	$351.10	$423.90	9.56%
$395.00	Jul 24	$11.60	$25.35	$36.95	$358.05	$431.95	9.71%
$365.00	Jul 24	$27.65	$10.40	$38.05	$326.95	$403.05	10.00%
$370.00	Jul 24	$25.50	$12.70	$38.20	$331.80	$408.20	10.03%
$400.00	Jul 24	$10.00	$28.75	$38.75	$361.25	$438.75	10.18%
$407.50	Jul 24	$7.80	$32.50	$40.30	$367.20	$447.80	10.59%
$360.00	Jul 24	$31.90	$8.75	$40.65	$319.35	$400.65	10.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 5.78% of stock, avg 13.64%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$395.00	$365.00	Jul 24	$11.60	$10.40	$22.00	$343.00	$417.00
$392.50	$365.00	Jul 24	$12.40	$10.40	$22.80	$342.20	$415.30
$390.00	$365.00	Jul 24	$13.65	$10.40	$24.05	$340.95	$414.05
$395.00	$370.00	Jul 24	$11.60	$12.70	$24.30	$345.70	$419.30
$392.50	$370.00	Jul 24	$12.40	$12.70	$25.10	$344.90	$417.60
$395.00	$372.50	Jul 24	$11.60	$13.50	$25.10	$347.40	$420.10
$392.50	$372.50	Jul 24	$12.40	$13.50	$25.90	$346.60	$418.40
$387.50	$365.00	Jul 24	$15.65	$10.40	$26.05	$338.95	$413.55
$395.00	$375.00	Jul 24	$11.60	$14.50	$26.10	$348.90	$421.10
$385.00	$365.00	Jul 24	$15.80	$10.40	$26.20	$338.80	$411.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 367 found (best R:R 49.00, avg credit $5.52)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
325/328	355/360	Jul 31	$4.90	$0.10	49.00	$322.60	$359.90
340/345	350/355	Aug 21	$4.90	$0.10	49.00	$340.10	$354.90
335/340	350/355	Aug 7	$4.85	$0.15	32.33	$335.15	$354.85
345/350	355/360	Aug 7	$4.85	$0.15	32.33	$345.15	$359.85
335/340	400/405	Aug 28	$4.85	$0.15	32.33	$335.15	$404.85
325/328	360/365	Jul 24	$4.80	$0.20	24.00	$322.70	$364.80
305/310	360/365	Aug 21	$4.80	$0.20	24.00	$305.20	$364.80
315/318	350/352	Jul 24	$2.38	$0.12	19.83	$315.12	$352.38
330/332	350/352	Jul 24	$2.38	$0.12	19.83	$330.12	$352.38
318/320	355/360	Jul 31	$4.75	$0.25	19.00	$315.25	$359.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$340.00	$345.00	$350.00	Jul 24	$0.10	$4.90	49.00
$410.00	$415.00	$420.00	Jul 31	$0.10	$4.90	49.00
$350.00	$355.00	$360.00	Aug 7	$0.10	$4.90	49.00
$430.00	$432.50	$435.00	Jul 24	$0.07	$2.43	34.71
$440.00	$442.50	$445.00	Jul 24	$0.13	$2.37	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$430.00	$440.00	$450.00	Jul 31	$0.10	$9.90	99.00
$410.00	$420.00	$430.00	Aug 21	$0.15	$9.85	65.67
$352.50	$355.00	$357.50	Jul 31	$0.05	$2.45	49.00
$315.00	$320.00	$325.00	Aug 14	$0.10	$4.90	49.00
$380.00	$385.00	$390.00	Jul 31	$0.15	$4.85	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. 26 found (best net $-11.90, 25 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$390.00	$410.00	1:2	Aug 7	-$11.90	$8.10
$320.00	$347.50	1:2	Jul 31	-$23.55	$3.95
$450.00	$455.00	1:2	Jul 24	-$1.42	$3.58
$440.00	$450.00	1:2	Aug 7	-$7.35	$2.65
$445.00	$447.50	1:2	Jul 24	-$0.97	$1.53

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$307.50	$305.00	1:2	Jul 24	-$0.55	$1.95
$310.00	$307.50	1:2	Jul 24	-$0.60	$1.90
$315.00	$312.50	1:2	Jul 24	-$0.95	$1.55
$317.50	$315.00	1:2	Jul 24	-$1.02	$1.48
$312.50	$310.00	1:2	Jul 24	-$1.05	$1.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 10.03%, avg 3.84%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$385.00	Aug 21	$38.20	0.55	1.1%	10.03%	11.17%	11	--
$387.50	Aug 21	$37.40	0.54	1.8%	9.82%	11.62%	17	--
$390.00	Aug 21	$36.60	0.53	2.5%	9.61%	12.06%	12	35
$400.00	Aug 28	$36.60	0.51	5.1%	9.61%	14.69%	1	2
$405.00	Aug 28	$35.00	0.50	6.4%	9.19%	15.58%	1	2
$392.50	Aug 21	$34.50	0.52	3.1%	9.06%	12.17%	1	--
$395.00	Aug 21	$34.30	0.51	3.8%	9.01%	12.77%	1	--
$397.50	Aug 21	$33.10	0.50	4.4%	8.69%	13.11%	1	--
$400.00	Aug 21	$32.20	0.49	5.1%	8.46%	13.53%	6	61
$415.00	Aug 28	$31.20	0.46	9.0%	8.20%	17.21%	4	--

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 3,774

Total Puts 2,877

Put/Call Ratio 0.76

Net Difference 897

Prior's Put/Call Breakdown

Total Calls 3,962

Total Puts 5,271

Put/Call Ratio 1.33

Net Difference -1,309

Prior 7-Day Put/Call Summary

Total Calls 33,109

Total Puts 46,731

Average Put/Call Ratio 1.57

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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