CIEN - Ciena Corporation
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System.
As of May 15, 2026: spot at $556.27, ATM IV 101.9%, max pain $360.00, net GEX $13.0M.
- Sector
- Technology
- Industry
- Communication Equipment
- Market Cap
- $81.71B
- P/E Ratio
- 357.45
- Beta
- 1.25
- 52-Week Range
- 70.77-598.84
- CEO
- Gary Smith
- Employees
- 8,795
- IPO Date
- Feb 7, 1997
- Exchange
- NYSE
What CIEN Looks Like to Options Traders Today
IV rank of 99.1% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); positive net gamma exposure ($13.0M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.044) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The CIEN overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked CIEN overview questions
- What is CIEN?
- CIEN is the ticker symbol for Ciena Corporation, a listed security. Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Listed on NYSE. CIEN is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the CIEN options snapshot look like today?
- As of May 15, 2026, the CIEN options snapshot shows spot at $556.27, ATM IV 101.9%, IV rank 99.1%, max pain $360.00, net GEX $13.0M, expected move 29.21%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are CIEN's key statistics?
- Ciena Corporation (CIEN) carries a market capitalization of $81.71B, trailing P/E ratio of 357.45, beta of 1.25 relative to the broader market, 52-week range of 70.77-598.84. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does CIEN belong to?
- Ciena Corporation operates in the Technology sector, in the Communication Equipment industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CIEN's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the CIEN data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).