CIEN expected move

How far CIEN options expect the stock to move by each expiration, from implied volatility.

• CIEN options traded $13.18M in premium on 2026-11-02: $1.41M in calls and $11.77M in puts, a net bearish lean of $11.81M.
• Put/call ratio 8.37, implied volatility 120.7%.
• Options price a move of about ±$38.26 by 2026-11-06.
• Max pain for 2026-11-06 is $325.0.

Updated 2026-11-02 19:11 UTC