CIENA CORP (CIEN) Options Statistics & Positioning

CIENA CORP (CIEN) options trade at a 30-day at-the-money implied volatility of 81.5%, an IV rank of 38 out of 100 over the past year. The options market prices a ±$89.97 (±19.5%) move in CIEN for the front expiration. Max pain sits at $435 and the put/call open interest ratio is 0.94. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$460.38

52-week range

$77.75 – $630.49

ATM IV (30d)

81.5%

IV rank

38 / 100

Low

Expected move

±$89.97 (±19.5%)

Put/call OI

0.94

Max pain

$435

↓ 5.5% below close

Next earnings

Sep 7, 2026

Most Active CIEN Contracts

Contract	Expiration	DTE	Last	IV	Volume
CIEN $285 put	Jul 24, 2026	14d	$0.30	105.6%	1,545
CIEN $477.5 call	Jul 17, 2026	7d	$12.96	77.5%	635
CIEN $530 call	Jul 31, 2026	21d	$14.10	81.2%	509
CIEN $417.5 put	Jul 17, 2026	7d	$6.43	94.4%	504
CIEN $550 put	Mar 19, 2027	252d	$178.10	85.4%	504

See all active CIEN contracts →

Explore CIEN Options Statistics

CIEN Implied Volatility

81.5% ATM IV (30d)

An IV rank of 38 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

CIEN Open Interest

0.94 put/call OI ratio

56,533 calls and 52,872 puts outstanding across all expirations.

Full open interest analysis →

CIEN Max Pain

$435 max pain

5.5% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

CIEN Gamma Exposure

$504.91M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

CIEN Options Volume

14,250 contracts traded

Put/call volume ratio 1.22 — plus contracts running far above their usual volume.

Full volume & flow analysis →

CIEN Most Active Options

$285 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 Sep 7, 2026. Options currently price a ±$89.97 (±19.5%) 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 Sep 7, 2026. Options currently price a ±$89.97 (±19.5%) 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.