CIEN - Options Database

CIEN

CIENA CORP

$372.55 -4.71%

(7/24 01:41) ◀

Monday, July 27, 2026 (3:05pm)

▶ (7/27 18:04)

◀ 7/27 15:05 ▶

Option Volume

Detail

ℹ

Current (07/27 3:05pm) 7,060

Calls: 3,910 (55%)

Puts: 3,150 (45%)

Prior (07/22) 4,060

Calls: 2,859 (70%)

Puts: 1,201 (30%)

Current vs Prior +73.89%

Calls: +36.76% (Calls)

Puts: +162.28% (Puts)

Prior 7-Day Total 70,715

Calls: 31,424 (44%)

Puts: 39,291 (56%)

Prior 7-Day Average 10,102

Calls: 4,489 (44%)

Puts: 5,613 (56%)

Current vs Prior 7-Day Avg -30.11%

Calls: -12.90%

Puts: -43.88%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/27 3:05pm) $10.75M

Calls: $5.09M (47%)

Puts: $5.66M (53%)

Prior (07/22) $5.17M

Calls: $3.00M (58%)

Puts: $2.17M (42%)

Current vs Prior +107.83%

Calls: +69.67%

Puts: +160.53%

Prior 7-Day Total $136.60M

Calls: $59.46M (44%)

Puts: $77.14M (56%)

Prior 7-Day Average $19.51M

Calls: $8.49M (44%)

Puts: $11.02M (56%)

Current vs Prior 7-Day Avg -44.89%

Calls: -40.06%

Puts: -48.61%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/27 3:05pm) 0.81

Prior (07/22) 0.42

Current vs Prior +91.78%

Prior 7-Day Average 1.36

Current vs Prior 7-Day Avg -40.56%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/27 3:05pm) 90,383

Calls: 43,676 (48%)

Puts: 46,707 (52%)

Prior (07/22) 102,731

Calls: 50,647 (49%)

Puts: 52,084 (51%)

Current vs Prior -12.02%

Prior 7-Day Total 738,527

Calls: 355,545 (48%)

Puts: 382,982 (52%)

Prior 7-Day Average 105,503

Calls: 50,792 (48%)

Puts: 54,711 (52%)

Current vs Prior 7-Day Avg -14.33%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 9.27% | 13.46%19.03% | 30.12%

Prior 6.82% | 12.71%21.29% | 32.07%

Current vs Prior +36.06% | +5.89%-10.63% | -6.08%

Prior 7-Day Avg 6.67% | 12.34%12.51% | 27.27%

Current vs 7-Day Avg +39.06% | +9.09%+52.12% | +10.43%

Prior 7-Day Eod 6.82% | 12.71%19.40% | 30.48%

Current vs 7-Day Eod +36.06% | +5.89%-1.91% | -1.18%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.16% | 14.62%

Calls: 12.87% | 17.21%

Puts: 7.45% | 12.04%

Prior 22.54% | 16.00%

Calls: 24.22% | 17.36%

Puts: 20.85% | 14.63%

Current vs Prior -54.92% | -8.63%

Prior 7-Day Avg 44.64% | 16.12%

Calls: 36.90% | 14.42%

Puts: 52.39% | 17.81%

Current vs 7-Day Avg -77.24% | -9.28%

Liquidity Expensive

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Massive premium surge with dollar volume up 108% vs prior. Above-average activity with volume up 74% vs prior. P/C ratio rising 92% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BEARISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
15:40	BEARISH	BULLISH	BULLISH
15:05	BEARISH	BULLISH	BULLISH

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📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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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 8.1%, best 4.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Aug 21	43.40	46.30	$44.85	6.5%	2	0.61	1
$357.50	Aug 7	31.10	33.50	$32.30	7.4%	1	0.63	--
$385.00	Aug 21	28.80	31.10	$29.95	7.7%	1	0.48	20
$350.00	Jul 31	29.70	32.20	$30.95	8.1%	1	0.73	2
$365.00	Jul 31	19.60	21.30	$20.45	8.3%	6	0.60	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$397.50	Aug 7	37.40	39.20	$38.30	4.7%	3	0.62	1
$440.00	Aug 21	77.50	81.50	$79.50	5.0%	--	0.72	220
$392.50	Aug 7	34.00	35.90	$34.95	5.4%	4	0.60	1
$385.00	Aug 7	29.60	31.30	$30.45	5.6%	--	0.55	438
$430.00	Aug 14	66.00	69.80	$67.90	5.6%	--	0.74	22

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. 109 found (avg delta 0.66, highest 0.96)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Jul 31	69.00	77.00	$73.00	11.0%	--	0.96	33
$305.00	Jul 31	65.00	71.80	$68.40	9.9%	--	0.95	25
$310.00	Jul 31	60.00	67.10	$63.55	11.2%	--	0.94	18
$320.00	Jul 31	51.00	58.20	$54.60	13.2%	--	0.89	13
$310.00	Aug 7	64.00	71.40	$67.70	10.9%	2	0.85	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$445.00	Jul 31	70.60	78.00	$74.30	10.0%	1	0.93	3
$440.00	Jul 31	65.80	73.00	$69.40	10.4%	1	0.92	27
$435.00	Jul 31	61.20	68.00	$64.60	10.5%	1	0.91	4
$430.00	Jul 31	56.30	64.00	$60.15	12.8%	5	0.89	24
$425.00	Jul 31	52.30	59.00	$55.65	12.0%	11	0.87	23

Most actively traded options today. High liquidity = easy entry/exit. 215 active (total vol 2.9K, top 381)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 31	6.00	7.10	$6.55	16.8%	68	0.28	14
$380.00	Jul 31	12.00	13.80	$12.90	14.0%	62	0.45	3
$400.00	Aug 21	23.00	25.20	$24.10	9.1%	49	0.42	53
$415.00	Jul 31	2.65	4.70	$3.68	55.7%	34	0.18	31
$432.50	Jul 31	1.05	2.55	$1.80	83.3%	32	0.10	40

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Aug 21	8.10	9.70	$8.90	18.0%	381	0.16	576
$315.00	Jul 31	1.45	2.90	$2.17	66.8%	322	0.09	167
$310.00	Jul 31	1.15	1.40	$1.27	19.7%	146	0.06	5.0K
$305.00	Jul 31	0.75	1.55	$1.15	69.6%	129	0.05	4.1K
$317.50	Jul 31	1.35	4.10	$2.72	101.1%	76	0.11	3

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 63 strikes (avg 15.1%, max 37.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$320.00	Jul 31	Aug 14	123.8%	96.8%	27.9%	18	13
$350.00	Jul 31	Aug 21	109.6%	88.5%	23.9%	1	91
$310.00	Jul 31	Aug 14	118.7%	97.4%	21.9%	18	20
$435.00	Jul 31	Aug 28	104.4%	87.3%	19.6%	13	30
$355.00	Jul 31	Aug 28	108.8%	91.1%	19.4%	--	38

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$315.00	Jul 31	Aug 21	125.9%	91.4%	37.7%	323	168
$305.00	Jul 31	Aug 21	123.5%	92.9%	32.9%	148	4.1K
$345.00	Jul 31	Aug 28	115.4%	89.7%	28.6%	8	100
$325.00	Jul 31	Aug 28	121.9%	95.0%	28.3%	6	103
$340.00	Jul 31	Aug 28	117.2%	91.5%	28.1%	14	98

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 204 found (best R:R 21.73, avg 3.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$442.50	$445.00	Jul 31	$0.11	$2.39	$0.11	21.73	$442.61
$412.50	$415.00	Jul 31	$0.12	$2.38	$0.12	19.83	$412.62
$440.00	$442.50	Jul 31	$0.14	$2.36	$0.14	16.86	$440.14
$390.00	$392.50	Jul 31	$0.15	$2.35	$0.15	15.67	$390.15
$427.50	$430.00	Jul 31	$0.17	$2.33	$0.17	13.71	$427.67

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$315.00	$310.00	Aug 7	$0.35	$4.65	$0.35	13.29	$314.65
$310.00	$305.00	Aug 7	$0.50	$4.50	$0.50	9.00	$309.50
$305.00	$300.00	Aug 14	$0.55	$4.45	$0.55	8.09	$304.45
$325.00	$320.00	Jul 31	$0.58	$4.42	$0.58	7.62	$324.42
$335.00	$332.50	Jul 31	$0.30	$2.20	$0.30	7.33	$334.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 254 found (best R:R 49.00, avg 1.92)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$305.00	$310.00	Jul 31	$4.85	$4.85	$0.15	32.33	$309.85
$300.00	$305.00	Jul 31	$4.60	$4.60	$0.40	11.50	$304.60
$355.00	$360.00	Aug 21	$4.60	$4.60	$0.40	11.50	$359.60
$310.00	$320.00	Jul 31	$8.95	$8.95	$1.05	8.52	$318.95
$355.00	$357.50	Aug 7	$2.00	$2.00	$0.50	4.00	$357.00

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$445.00	$440.00	Jul 31	$4.90	$4.90	$0.10	49.00	$440.10
$440.00	$435.00	Jul 31	$4.80	$4.80	$0.20	24.00	$435.20
$435.00	$430.00	Aug 14	$4.70	$4.70	$0.30	15.67	$430.30
$400.00	$395.00	Aug 28	$4.70	$4.70	$0.30	15.67	$395.30
$405.00	$400.00	Jul 31	$4.65	$4.65	$0.35	13.29	$400.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 65 found (avg debit $7.33, cheapest $3.20)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$440.00	Jul 31	Aug 7	$3.98	104.1%	94.1%
$310.00	Jul 31	Aug 7	$4.15	118.7%	110.0%
$445.00	Jul 31	Aug 7	$4.38	104.4%	99.1%
$435.00	Jul 31	Aug 7	$4.42	104.4%	94.6%
$430.00	Jul 31	Aug 7	$4.75	104.0%	94.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$300.00	Jul 31	Aug 7	$3.20	120.7%	108.2%
$315.00	Jul 31	Aug 7	$4.08	125.9%	105.7%
$305.00	Jul 31	Aug 7	$4.25	123.5%	113.1%
$320.00	Jul 31	Aug 7	$4.35	123.8%	103.6%
$435.00	Jul 31	Aug 7	$4.55	104.4%	94.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 85 found (cheapest 8.83% of stock, avg 17.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$370.00	Jul 31	$17.80	$15.10	$32.90	$337.10	$402.90	8.83%
$380.00	Jul 31	$12.90	$20.20	$33.10	$346.90	$413.10	8.88%
$365.00	Jul 31	$20.45	$12.75	$33.20	$331.80	$398.20	8.91%
$372.50	Jul 31	$17.10	$16.45	$33.55	$338.95	$406.05	9.01%
$385.00	Jul 31	$11.10	$22.95	$34.05	$350.95	$419.05	9.14%
$367.50	Jul 31	$19.75	$14.35	$34.10	$333.40	$401.60	9.15%
$360.00	Jul 31	$23.30	$10.85	$34.15	$325.85	$394.15	9.17%
$377.50	Jul 31	$14.80	$19.40	$34.20	$343.30	$411.70	9.18%
$387.50	Jul 31	$10.15	$24.50	$34.65	$352.85	$422.15	9.30%
$355.00	Jul 31	$26.80	$9.15	$35.95	$319.05	$390.95	9.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 6.15% of stock, avg 13.70%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$387.50	$365.00	Jul 31	$10.15	$12.75	$22.90	$342.10	$410.40
$385.00	$365.00	Jul 31	$11.10	$12.75	$23.85	$341.15	$408.85
$387.50	$367.50	Jul 31	$10.15	$14.35	$24.50	$343.00	$412.00
$387.50	$370.00	Jul 31	$10.15	$15.10	$25.25	$344.75	$412.75
$382.50	$365.00	Jul 31	$12.55	$12.75	$25.30	$339.70	$407.80
$385.00	$367.50	Jul 31	$11.10	$14.35	$25.45	$342.05	$410.45
$380.00	$365.00	Jul 31	$12.90	$12.75	$25.65	$339.35	$405.65
$385.00	$370.00	Jul 31	$11.10	$15.10	$26.20	$343.80	$411.20
$387.50	$372.50	Jul 31	$10.15	$16.45	$26.60	$345.90	$414.10
$382.50	$367.50	Jul 31	$12.55	$14.35	$26.90	$340.60	$409.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 391 found (best R:R 39.00, avg credit $5.78)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
310/320	330/340	Aug 28	$9.75	$0.25	39.00	$310.25	$339.75
340/345	375/380	Aug 7	$4.85	$0.15	32.33	$340.15	$379.85
305/310	315/320	Aug 14	$4.85	$0.15	32.33	$305.15	$319.85
310/315	350/355	Aug 14	$4.85	$0.15	32.33	$310.15	$354.85
335/340	350/355	Aug 14	$4.85	$0.15	32.33	$335.15	$354.85
345/350	430/435	Aug 28	$4.85	$0.15	32.33	$345.15	$434.85
305/308	310/320	Jul 31	$9.63	$0.37	26.03	$297.87	$319.63
340/345	350/355	Aug 7	$4.80	$0.20	24.00	$340.20	$354.80
340/345	370/375	Aug 14	$4.80	$0.20	24.00	$340.20	$374.80
345/350	370/375	Aug 14	$4.80	$0.20	24.00	$345.20	$374.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 76 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$405.00	$407.50	$410.00	Jul 31	$0.05	$2.45	49.00
$415.00	$420.00	$425.00	Aug 7	$0.15	$4.85	32.33
$360.00	$370.00	$380.00	Aug 21	$0.30	$9.70	32.33
$310.00	$330.00	$350.00	Aug 7	$0.70	$19.30	27.57
$432.50	$435.00	$437.50	Jul 31	$0.09	$2.41	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$315.00	$320.00	$325.00	Aug 21	$0.05	$4.95	99.00
$320.00	$325.00	$330.00	Aug 21	$0.05	$4.95	99.00
$435.00	$440.00	$445.00	Jul 31	$0.10	$4.90	49.00
$315.00	$320.00	$325.00	Aug 14	$0.10	$4.90	49.00
$325.00	$330.00	$335.00	Aug 14	$0.10	$4.90	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. 28 found (best net $-7.30, 27 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$320.00	$350.00	1:2	Jul 31	-$7.30	$22.70
$365.00	$400.00	1:2	Aug 28	-$13.00	$22.00
$380.00	$397.50	1:2	Aug 7	-$8.35	$9.15
$320.00	$350.00	1:2	Aug 14	-$22.70	$7.30
$390.00	$405.00	1:2	Aug 14	-$11.50	$3.50

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$320.00	$300.00	1:2	Sep 4	-$10.25	$9.75
$355.00	$330.00	1:2	Sep 4	-$16.70	$8.30
$315.00	$310.00	1:2	Jul 31	-$0.37	$4.63
$325.00	$320.00	1:2	Jul 31	-$2.07	$2.93
$305.00	$300.00	1:2	Aug 7	-$2.50	$2.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 74 found (best yield 11.27%, avg 3.48%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$375.00	Sep 4	$42.00	0.55	0.7%	11.27%	11.93%	2	--
$400.00	Sep 4	$32.00	0.47	7.4%	8.59%	15.96%	--	27
$385.00	Aug 21	$28.80	0.48	3.3%	7.73%	11.07%	1	20
$380.00	Aug 21	$27.80	0.50	2.0%	7.46%	9.46%	2	22
$387.50	Aug 21	$27.80	0.47	4.0%	7.46%	11.47%	--	11
$375.00	Aug 14	$27.50	0.52	0.7%	7.38%	8.04%	--	21
$390.00	Aug 21	$26.80	0.46	4.7%	7.19%	11.88%	28	45
$400.00	Aug 28	$25.00	0.44	7.4%	6.71%	14.08%	9	3
$420.00	Sep 4	$25.00	0.41	12.7%	6.71%	19.45%	1	1
$385.00	Aug 14	$24.20	0.47	3.3%	6.50%	9.84%	2	2

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 3,910

Total Puts 3,150

Put/Call Ratio 0.81

Net Difference 760

Prior's Put/Call Breakdown

Total Calls 2,859

Total Puts 1,201

Put/Call Ratio 0.42

Net Difference 1,658

Prior 7-Day Put/Call Summary

Total Calls 31,424

Total Puts 39,291

Average Put/Call Ratio 1.36

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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