CIEN - Options Database

CIEN

CIENA CORP

$343.64 -1.96%

(7/28 18:08) ◀

Wednesday, July 29, 2026 (3:05pm)

▶ (7/29 18:10)

◀ 7/29 15:05 ▶

Option Volume

Detail

ℹ

Current (07/29 3:05pm) 6,266

Calls: 3,658 (58%)

Puts: 2,608 (42%)

Prior (07/28) 10,730

Calls: 6,673 (62%)

Puts: 4,057 (38%)

Current vs Prior -41.60%

Calls: -45.18% (Calls)

Puts: -35.72% (Puts)

Prior 7-Day Total 56,065

Calls: 30,094 (54%)

Puts: 25,971 (46%)

Prior 7-Day Average 8,009

Calls: 4,299 (54%)

Puts: 3,710 (46%)

Current vs Prior 7-Day Avg -21.77%

Calls: -14.91%

Puts: -29.71%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/29 3:05pm) $20.04M

Calls: $4.37M (22%)

Puts: $15.67M (78%)

Prior (07/28) $18.85M

Calls: $9.26M (49%)

Puts: $9.59M (51%)

Current vs Prior +6.31%

Calls: -52.78%

Puts: +63.33%

Prior 7-Day Total $129.01M

Calls: $52.11M (40%)

Puts: $76.90M (60%)

Prior 7-Day Average $18.43M

Calls: $7.44M (40%)

Puts: $10.99M (60%)

Current vs Prior 7-Day Avg +8.73%

Calls: -41.29%

Puts: +42.63%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/29 3:05pm) 0.71

Prior (07/28) 0.61

Current vs Prior +17.27%

Prior 7-Day Average 0.83

Current vs Prior 7-Day Avg -14.18%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/29 3:05pm) 99,477

Calls: 50,135 (50%)

Puts: 49,342 (50%)

Prior (07/28) 94,544

Calls: 46,148 (49%)

Puts: 48,396 (51%)

Current vs Prior +5.22%

Prior 7-Day Total 724,708

Calls: 350,515 (48%)

Puts: 374,193 (52%)

Prior 7-Day Average 103,529

Calls: 50,073 (48%)

Puts: 53,456 (52%)

Current vs Prior 7-Day Avg -3.91%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 7.54% | 13.05%20.06% | 30.73%

Prior 9.27% | 13.46%19.03% | 30.12%

Current vs Prior -18.73% | -3.04%+5.43% | +2.04%

Prior 7-Day Avg 6.70% | 12.52%16.13% | 29.32%

Current vs 7-Day Avg +12.46% | +4.25%+24.36% | +4.80%

Prior 7-Day Eod 9.27% | 13.46%19.21% | 30.17%

Current vs 7-Day Eod -18.73% | -3.04%+4.42% | +1.85%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 29.35% | 17.07%

Calls: 29.01% | 20.39%

Puts: 29.69% | 13.76%

Prior 10.16% | 14.62%

Calls: 12.87% | 17.21%

Puts: 7.45% | 12.04%

Current vs Prior +188.88% | +16.76%

Prior 7-Day Avg 44.37% | 16.66%

Calls: 38.92% | 15.28%

Puts: 49.82% | 18.05%

Current vs 7-Day Avg -33.85% | +2.43%

Liquidity Expensive

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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($15.67M) vs calls ($4.37M). Below-average activity with volume down 42% vs prior.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

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

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📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 29 of results (avg 8.4%, best 5.3%)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Aug 21	28.80	31.20	$30.00	8.0%	3	0.52	91
$280.00	Sep 4	78.80	86.00	$82.40	8.7%	--	0.78	10
$320.00	Aug 21	43.00	47.10	$45.05	9.1%	--	0.67	20
$360.00	Aug 21	24.50	27.00	$25.75	9.7%	1	0.47	29

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Aug 21	37.00	39.00	$38.00	5.3%	--	0.50	10
$350.00	Aug 21	34.20	36.20	$35.20	5.7%	26	0.48	437
$340.00	Aug 21	29.10	30.90	$30.00	6.0%	18	0.43	79
$360.00	Aug 21	39.70	42.40	$41.05	6.6%	29	0.53	266
$365.00	Aug 28	46.30	49.70	$48.00	7.1%	--	0.54	12

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. 99 found (avg delta 0.68, highest 0.97)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Jul 31	42.00	50.00	$46.00	17.4%	10	0.90	33
$305.00	Jul 31	37.60	45.00	$41.30	17.9%	--	0.88	25
$310.00	Jul 31	34.00	41.00	$37.50	18.7%	11	0.84	18
$300.00	Aug 7	48.00	55.00	$51.50	13.6%	--	0.82	16
$302.50	Aug 7	46.00	53.00	$49.50	14.1%	--	0.80	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 31	52.00	59.80	$55.90	14.0%	1	0.97	47
$395.00	Jul 31	48.00	55.10	$51.55	13.8%	--	0.94	22
$390.00	Jul 31	43.00	50.20	$46.60	15.5%	2	0.93	45
$387.50	Jul 31	41.00	47.70	$44.35	15.1%	2	0.91	26
$385.00	Jul 31	38.00	45.20	$41.60	17.3%	5	0.90	46

Most actively traded options today. High liquidity = easy entry/exit. 167 active (total vol 2.8K, top 273)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$387.50	Jul 31	0.00	2.40	$1.20	200.0%	154	0.09	5
$390.00	Jul 31	0.10	1.55	$0.83	174.7%	125	0.07	47
$337.50	Jul 31	13.70	19.10	$16.40	32.9%	119	0.59	1
$380.00	Aug 21	14.60	20.30	$17.45	32.7%	71	0.37	37
$370.00	Jul 31	2.35	5.00	$3.68	72.0%	53	0.22	32

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$305.00	Aug 21	14.00	17.00	$15.50	19.4%	273	0.27	14
$280.00	Aug 21	7.80	9.50	$8.65	19.7%	270	0.17	109
$300.00	Jul 31	0.85	2.65	$1.75	102.9%	143	0.10	411
$337.50	Jul 31	7.10	13.00	$10.05	58.7%	118	0.41	23
$305.00	Jul 31	1.30	3.20	$2.25	84.4%	82	0.12	4.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 60 strikes (avg 41.8%, max 120.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$410.00	Jul 31	Sep 4	183.2%	98.1%	86.8%	11	668
$397.50	Jul 31	Aug 21	160.1%	86.7%	84.7%	3	13
$405.00	Jul 31	Sep 4	174.1%	96.3%	80.8%	3	25
$402.50	Jul 31	Aug 21	150.0%	87.9%	70.6%	16	23
$320.00	Jul 31	Aug 21	157.4%	93.9%	67.6%	10	36

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$280.00	Jul 31	Aug 28	214.7%	97.6%	120.0%	--	74
$410.00	Jul 31	Aug 28	183.2%	86.4%	112.1%	--	63
$275.00	Jul 31	Aug 7	229.0%	112.4%	103.6%	5	28
$285.00	Jul 31	Aug 14	200.6%	101.0%	98.6%	--	3.9K
$290.00	Jul 31	Aug 28	189.3%	95.4%	98.5%	1	123

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 168 found (best R:R 18.23, avg 2.65)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$380.00	$382.50	Jul 31	$0.18	$2.32	$0.18	12.89	$380.18
$397.50	$400.00	Aug 21	$0.20	$2.30	$0.20	11.50	$397.70
$405.00	$410.00	Aug 14	$0.45	$4.55	$0.45	10.11	$405.45
$385.00	$387.50	Jul 31	$0.23	$2.27	$0.23	9.87	$385.23
$400.00	$405.00	Aug 14	$0.50	$4.50	$0.50	9.00	$400.50

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$290.00	$287.50	Jul 31	$0.13	$2.37	$0.13	18.23	$289.87
$330.00	$327.50	Jul 31	$0.20	$2.30	$0.20	11.50	$329.80
$295.00	$292.50	Aug 7	$0.20	$2.30	$0.20	11.50	$294.80
$300.00	$295.00	Jul 31	$0.48	$4.52	$0.48	9.42	$299.52
$300.00	$295.00	Sep 4	$0.70	$4.30	$0.70	6.14	$299.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 230 found (best R:R 24.00, avg 1.79)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$300.00	$305.00	Jul 31	$4.70	$4.70	$0.30	15.67	$304.70
$330.00	$332.50	Aug 7	$2.10	$2.10	$0.40	5.25	$332.10
$397.50	$400.00	Jul 31	$2.07	$2.07	$0.43	4.81	$399.57
$322.50	$325.00	Jul 31	$2.05	$2.05	$0.45	4.56	$324.55
$310.00	$320.00	Jul 31	$8.15	$8.15	$1.85	4.41	$318.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$342.50	$340.00	Aug 7	$2.40	$2.40	$0.10	24.00	$340.10
$382.50	$380.00	Aug 7	$2.35	$2.35	$0.15	15.67	$380.15
$410.00	$405.00	Jul 31	$4.65	$4.65	$0.35	13.29	$405.35
$405.00	$400.00	Aug 7	$4.55	$4.55	$0.45	10.11	$400.45
$370.00	$367.50	Jul 31	$2.25	$2.25	$0.25	9.00	$367.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 60 found (avg debit $6.85, cheapest $0.28)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$402.50	Jul 31	Aug 7	$2.48	150.0%	93.5%
$410.00	Jul 31	Aug 7	$3.08	183.2%	111.7%
$392.50	Jul 31	Aug 7	$3.45	150.3%	96.2%
$400.00	Jul 31	Aug 7	$3.92	106.7%	93.1%
$395.00	Jul 31	Aug 7	$4.52	118.9%	95.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$275.00	Jul 31	Aug 7	$0.28	229.0%	112.4%
$290.00	Jul 31	Aug 7	$1.80	189.3%	107.0%
$280.00	Jul 31	Aug 7	$2.03	214.7%	122.9%
$307.50	Jul 31	Aug 7	$2.27	190.3%	105.4%
$292.50	Jul 31	Aug 7	$2.80	179.5%	110.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 84 found (cheapest 7.26% of stock, avg 16.31%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$345.00	Jul 31	$12.15	$12.80	$24.95	$320.05	$369.95	7.26%
$342.50	Jul 31	$13.10	$11.95	$25.05	$317.45	$367.55	7.29%
$347.50	Jul 31	$10.90	$14.50	$25.40	$322.10	$372.90	7.39%
$340.00	Jul 31	$14.95	$10.65	$25.60	$314.40	$365.60	7.45%
$350.00	Jul 31	$9.50	$16.25	$25.75	$324.25	$375.75	7.49%
$337.50	Jul 31	$16.40	$10.05	$26.45	$311.05	$363.95	7.70%
$355.00	Jul 31	$7.65	$18.80	$26.45	$328.55	$381.45	7.70%
$335.00	Jul 31	$18.15	$8.45	$26.60	$308.40	$361.60	7.74%
$332.50	Jul 31	$19.85	$7.15	$27.00	$305.50	$359.50	7.86%
$330.00	Jul 31	$21.70	$6.70	$28.40	$301.60	$358.40	8.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 4.39% of stock, avg 13.09%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$360.00	$335.00	Jul 31	$6.65	$8.45	$15.10	$319.90	$375.10
$355.00	$335.00	Jul 31	$7.65	$8.45	$16.10	$318.90	$371.10
$360.00	$337.50	Jul 31	$6.65	$10.05	$16.70	$320.80	$376.70
$352.50	$335.00	Jul 31	$8.80	$8.45	$17.25	$317.75	$369.75
$360.00	$340.00	Jul 31	$6.65	$10.65	$17.30	$322.70	$377.30
$355.00	$337.50	Jul 31	$7.65	$10.05	$17.70	$319.80	$372.70
$350.00	$335.00	Jul 31	$9.50	$8.45	$17.95	$317.05	$367.95
$355.00	$340.00	Jul 31	$7.65	$10.65	$18.30	$321.70	$373.30
$360.00	$342.50	Jul 31	$6.65	$11.95	$18.60	$323.90	$378.60
$352.50	$337.50	Jul 31	$8.80	$10.05	$18.85	$318.65	$371.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 363 found (best R:R 49.00, avg credit $5.22)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
340/345	355/360	Aug 28	$4.90	$0.10	49.00	$340.10	$359.90
288/290	300/305	Jul 31	$4.83	$0.17	28.41	$285.17	$304.83
300/302	325/330	Jul 31	$4.83	$0.17	28.41	$297.67	$329.83
300/310	320/330	Aug 14	$9.65	$0.35	27.57	$300.35	$329.65
335/340	360/365	Aug 28	$4.80	$0.20	24.00	$335.20	$364.80
325/330	400/405	Sep 4	$4.70	$0.30	15.67	$325.30	$404.70
300/302	310/320	Jul 31	$9.33	$0.67	13.93	$293.17	$319.33
290/300	310/320	Aug 14	$9.30	$0.70	13.29	$290.70	$319.30
370/375	400/405	Sep 4	$4.65	$0.35	13.29	$370.35	$404.65
320/330	380/390	Aug 28	$9.25	$0.75	12.33	$320.75	$389.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$370.00	$372.50	$375.00	Jul 31	$0.07	$2.43	34.71
$310.00	$320.00	$330.00	Aug 14	$0.30	$9.70	32.33
$320.00	$330.00	$340.00	Aug 21	$0.55	$9.45	17.18
$330.00	$332.50	$335.00	Jul 31	$0.15	$2.35	15.67
$365.00	$367.50	$370.00	Jul 31	$0.18	$2.32	12.89

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$345.00	$347.50	$350.00	Jul 31	$0.05	$2.45	49.00
$310.00	$315.00	$320.00	Aug 21	$0.10	$4.90	49.00
$310.00	$315.00	$320.00	Aug 14	$0.15	$4.85	32.33
$400.00	$405.00	$410.00	Aug 14	$0.15	$4.85	32.33
$372.50	$375.00	$377.50	Jul 31	$0.10	$2.40	24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 40 found (best net $-9.95, 36 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$300.00	$355.00	1:2	Sep 4	-$9.95	$45.05
$302.50	$330.00	1:2	Aug 7	-$11.00	$16.50
$385.00	$400.00	1:2	Aug 14	-$3.80	$11.20
$375.00	$400.00	1:2	Sep 4	-$14.40	$10.60
$332.50	$350.00	1:2	Aug 7	-$10.55	$6.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$300.00	$290.00	1:2	Aug 14	-$4.95	$5.05
$300.00	$295.00	1:2	Jul 31	-$0.79	$4.21
$280.00	$275.00	1:2	Aug 7	-$0.93	$4.07
$290.00	$280.00	1:2	Aug 21	-$6.35	$3.65
$310.00	$300.00	1:2	Aug 14	-$6.95	$3.05

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 10.48%, avg 3.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$355.00	Sep 4	$36.00	0.53	3.3%	10.48%	13.78%	--	10
$345.00	Aug 21	$31.20	0.55	0.4%	9.08%	9.48%	1	1
$355.00	Aug 28	$30.40	0.51	3.3%	8.85%	12.15%	--	10
$370.00	Sep 4	$30.00	0.48	7.7%	8.73%	16.40%	--	10
$350.00	Aug 21	$28.80	0.52	1.9%	8.38%	10.23%	3	91
$375.00	Sep 4	$28.00	0.46	9.1%	8.15%	17.27%	--	13
$360.00	Aug 28	$27.00	0.49	4.8%	7.86%	12.62%	10	23
$355.00	Aug 21	$26.60	0.50	3.3%	7.74%	11.05%	1	2
$365.00	Aug 28	$25.50	0.47	6.2%	7.42%	13.64%	--	14
$360.00	Aug 21	$24.50	0.47	4.8%	7.13%	11.89%	1	29

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 3,658

Total Puts 2,608

Put/Call Ratio 0.71

Net Difference 1,050

Prior's Put/Call Breakdown

Total Calls 6,673

Total Puts 4,057

Put/Call Ratio 0.61

Net Difference 2,616

Prior 7-Day Put/Call Summary

Total Calls 30,094

Total Puts 25,971

Average Put/Call Ratio 0.83

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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