CIEN251017C00080000 Option on Ciena Corp

CIEN Stock  USD 86.75  1.28  1.50%   
CIEN251017C00080000 is a PUT option contract on Ciena Corp's common stock with a strick price of 80.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at a bid price of $9.6, and an ask price of $10.0. The implied volatility as of the 23rd of July is 86.0.
A put option written on Ciena Corp becomes more valuable as the price of Ciena Corp drops. Conversely, Ciena Corp's put option loses its value as Ciena Stock rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Ciena Corp will have an average daily up or down price movement of about 0.0271% per day over the life of the option. With Ciena Corp trading at USD 86.75, that is roughly USD 0.0235. If you think that the market is fully understating Ciena Corp's daily price movement you should consider buying Ciena Corp options at that current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Ciena Corp

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Ciena Corp positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Ciena Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameCIEN251017C00080000
Expires On2025-10-17
Days Before Expriration86
Delta0.657364
Vega0.151348
Gamma0.020553
Theoretical Value9.8
Open Interest205
Strike Price80.0
Last Traded At9.0
Current Price Spread9.6 | 10.0
Rule 16 Daily Up or DownUSD 0.0235

Ciena short PUT Option Greeks

Ciena Corp's Option Greeks for the contract ending on 2025-10-17 at a strike price of 80.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Ciena Corp's option greeks, its implied volatility helps estimate the risk of Ciena Corp stock implied by the prices of the options on Ciena Corp's stock.
Delta0.657364
Gamma0.020553
Theta-0.043209
Vega0.151348
Rho0.108825

Ciena long PUT Option Payoff at expiration

Put options written on Ciena Corp grant holders of the option the right to sell a specified amount of Ciena Corp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Ciena Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Ciena Corp is like buying insurance aginst Ciena Corp's downside shift.
   Profit   
       Ciena Corp Price At Expiration  

Ciena short PUT Option Payoff at expiration

By selling Ciena Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Ciena Corp will generally make money when the underlying price is above the strike price. Therefore Ciena Corp's put payoff at expiration depends on where the Ciena Stock price is relative to the put option strike price. The breakeven price of 89.8 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Ciena Corp's price. Finally, at the strike price of 80.0, the payoff chart is constant and positive.
   Profit   
       Ciena Corp Price At Expiration  
View All Ciena Corp Options

Ciena Corp Available Call Options

Ciena Corp's option chain is a display of a range of information that helps investors for ways to trade options on Ciena. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ciena. It also shows strike prices and maturity days for a Ciena Corp against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
CIEN251017C0013500072135.00.0 - 2.552.55Out
Call
CIEN251017C0013000010130.00.0 - 0.950.95Out
Call
CIEN251017C001250000125.00.05 - 0.950.05Out
Call
CIEN251017C001200000120.00.2 - 0.950.2Out
Call
CIEN251017C001150004115.00.35 - 0.750.6Out
Call
CIEN251017C001100009110.00.1 - 1.82.15Out
Call
CIEN251017C0010500020105.00.85 - 1.61.45Out
Call
CIEN251017C0010000046100.01.75 - 2.852.45Out
Call
CIEN251017C000950001195.02.6 - 4.03.7Out
Call
CIEN251017C000925008392.53.8 - 4.14.3Out
Call
CIEN251017C0009000055890.04.6 - 5.05.5Out
Call
CIEN251017C000875008287.55.7 - 6.46.19Out
Call
CIEN251017C00085000124085.06.9 - 8.17.9Out
Call
CIEN251017C0008250010082.58.1 - 8.56.6In
Call
CIEN251017C0008000020580.09.6 - 10.09.0In
Call
CIEN251017C000775002577.511.1 - 11.610.0In
Call
CIEN251017C000750002675.012.6 - 13.410.62In
Call
CIEN251017C000725008972.513.7 - 15.815.3In
Call
CIEN251017C000700005070.016.0 - 18.014.54In
Call
CIEN251017C000675001367.517.0 - 20.29.8In
Call
CIEN251017C000650001165.019.5 - 22.519.5In
Call
CIEN251017C000625002262.521.5 - 24.321.5In
Call
CIEN251017C000600005160.023.6 - 26.821.14In
Call
CIEN251017C000575001057.526.8 - 28.926.8In
Call
CIEN251017C00055000455.028.8 - 31.828.8In
Call
CIEN251017C00050000850.034.0 - 36.529.92In
Call
CIEN251017C00037500237.545.3 - 48.345.3In
Call
CIEN251017C00030000130.053.3 - 56.343.0In

Ciena Corp Corporate Directors

Judith OBrienIndependent DirectorProfile
Joanne OlsenIndependent DirectorProfile
Bruce ClaflinIndependent DirectorProfile
Lawton FittIndependent DirectorProfile
When determining whether Ciena Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ciena Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ciena Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ciena Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ciena Corp. If investors know Ciena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ciena Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
0.73
Revenue Per Share
29.715
Quarterly Revenue Growth
0.236
Return On Assets
0.0229
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.