CIENA CORP (CIEN) Options Statistics & Positioning

CIENA CORP (CIEN) options trade at a 30-day at-the-money implied volatility of 67.4%, an IV rank of 11 out of 100 over the past year. The options market prices a ±$84.21 (±18.7%) move in CIEN for the front expiration. Max pain sits at $400 and the put/call open interest ratio is 0.97. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$451.02

52-week range

$164.52 – $627.94

ATM IV (30d)

67.4%

IV rank

11 / 100

Low

Expected move

±$84.21 (±18.7%)

Put/call OI

0.97

Max pain

$400

↓ 11.3% below close

Next earnings

Dec 16, 2026

What's CIEN's IV rank right now?Where's the max pain for CIEN?Explain what gamma exposure means for CIEN.

Most Active CIEN Contracts

Contract	Expiration	DTE	Last	IV	Volume
CIEN $467.5 call	Oct 16, 2026	7d	$8.50	67.2%	739
CIEN $417.5 put	Oct 16, 2026	7d	$4.08	63.8%	641
CIEN $470 call	Oct 16, 2026	7d	$8.62	63.0%	431
CIEN $435 put	Oct 16, 2026	7d	$9.90	61.4%	394
CIEN $440 call	Oct 16, 2026	7d	$21.35	62.4%	327

See all active CIEN contracts →

Explore CIEN Options Statistics

CIEN Implied Volatility

67.4% ATM IV (30d)

An IV rank of 11 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

CIEN Open Interest

0.97 put/call OI ratio

64,670 calls and 62,798 puts outstanding across all expirations.

Full open interest analysis →

CIEN Max Pain

$400 max pain

11.3% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

CIEN Gamma Exposure

$979.03M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

CIEN Options Volume

14,496 contracts traded

Put/call volume ratio 0.82 — plus contracts running far above their usual volume.

Full volume & flow analysis →

CIEN Most Active Options

$440 top volume strike

The 25 most actively traded CIEN contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

CIEN's next expected earnings date is Dec 16, 2026. Options currently price a ±$84.21 (±18.7%) move for the front expiration.

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CIEN Options FAQ

When is CIEN's next earnings date?

CIEN's next expected earnings date is Dec 16, 2026. Options currently price a ±$84.21 (±18.7%) move for the front expiration.

How often is CIEN options data on this page updated?

All CIEN statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see CIEN max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated CIEN pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.