CIEN options: IV rank, expected move and trade screens
Ciena Corp · Industrials
As of the close on . In the app, data is refreshed intraday.
CIEN closed at $391.34 on Oct 2, 2026 with 30-day implied volatility of 66.0%. That is in the lower half of its one-year range (IV rank 32), so premiums are on the modest side for CIEN. Measured by IV percentile, IV is higher than 23% of the past year's readings. Options expiring Oct 30 (28 days out) price a one standard deviation move of about $72.05, or 18.4%.
The price is above both its 50-day (+4.2%) and 200-day (+0.4%) moving averages. It is 37.6% below its 52-week high and 168.6% above its 52-week low. The 14-day RSI of 58.3 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $22.37, about 5.7% of the price, a measure of a typical day's range.
Option volume at the close (9.44K contracts) was 0.8x its average, quieter than usual. A beta of 2.47 means CIEN has tended to move about 2.5 times as much as the broad market. None of our preset screens found trades on CIEN at the close.
CIEN stats at the close
- Price
- $391.34
- Market cap $55.5B
- Implied volatility
- 66.0%
- 30-day, at the money
- IV rank
- 32
- IV sits 32% of the way from its one-year low to its one-year high.
- IV percentile
- 23
- IV is higher than 23% of the past year's readings.
- ATR (14-day)
- $22.37
- 5.7% of the price on a typical day
- RSI (14-day)
- 58.3
- Between 30 and 70, neutral
- 52-week range
- -37.6% from high
- +168.6% from the 52-week low
- Moving averages
- +4.2% vs 50-day
- +0.4% vs the 200-day
- Beta
- 2.47
- Sensitivity to the broad market
- Option volume
- 0.8x avg
- 9.44K contracts vs 11.7K average
CIEN expected move by expiration
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 9, 20267 days | 64.1% | ±$34.74 (8.9%) | $356.60 to $426.08 | $27.75 |
| Oct 30, 202628 days | 66.5% | ±$72.05 (18.4%) | $319.29 to $463.39 | $57.25 |
| Nov 20, 202649 days | 63.6% | ±$91.18 (23.3%) | $300.16 to $482.52 | $72.30 |
| Dec 18, 202677 days | 68.7% | ±$123.40 (31.5%) | $267.94 to $514.74 | $97.50 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Trades that pass our screens as of the close
CIEN options FAQ
- What is CIEN's IV rank?
- At the close on Oct 2, 2026, CIEN's IV rank was 32 with 30-day implied volatility of 66.0%. IV sits 32% of the way from its one-year low to its one-year high. Its IV percentile was 23: IV is higher than 23% of the past year's readings.
- What is the expected move for CIEN?
- Based on the close on Oct 2, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $72.05 (18.4%), a range of $319.29 to $463.39. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
- Is CIEN option volume above average?
- On Oct 2, 2026, CIEN option volume was 0.8x its average, quieter than usual.
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