CIEN as of Nov 3 · 07:55 ET

CIENNYSETelephone & Telegraph Apparatus

Ciena Corp · Brief

Next report

37 days

Dec 10 · before openest.Q4 FY26

Earnings

Expected move

Inputs

±10.4%implied · report alone

254.66314.02

straddle ±19.9%

spot 284.34exp Dec 11ATM strike 285ATM straddle 66.45IV 90%

Nov 2 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

5 of 8≥ implied

avg implied: ±11.0%
avg realized: ±12.5%

Dec 12 '24±8.8%▲+15.45%×1.75

Mar 11 '25±11.7%▼−2.41%×0.21

Jun 5 '25±10.1%▼−12.92%×1.28

Q3 FY25±11.0%▲+23.31%×2.12

Q4 FY25±11.3%▲+9.25%×0.82

Q1 FY26±11.4%▼−12.88%×1.13

Q2 FY26±12.3%▼−13.66%×1.11

Q3 FY26±11.0%▼−10.36%×0.95

quarterimplied−25%0+25%realized×

Q3 FY26±11.0%▼−10.36%×0.95

Q2 FY26±12.3%▼−13.66%×1.11

Q1 FY26±11.4%▼−12.88%×1.13

Q4 FY25±11.3%▲+9.25%×0.82

Q3 FY25±11.0%▲+23.31%×2.12

Jun '25±10.1%▼−12.92%×1.28

2 older reports

Mar '25±11.7%▼−2.41%×0.21

Dec '24±8.8%▲+15.45%×1.75

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Dec 10 report · est.

Bull2

10tracked funds holding CIENN-PORT · Aug 31 '26

1,236managers reporting a position in the latest quarterly regulatory filings13F · Jun 30 '26

Bear2

6 of 24largest reporting managers that cut their stake in the latest quarter13F · Jun 30 '26

−1.56%change in shares held by the ten largest reporting managers over the latest quarter13F · Jun 30 '26

AI captions · Sep 28 '26once per report · top 2 per case

Linked exposure

CIEN report session

Suppliers 1

SWKSSkyworks Solutions×0.21

× = co-movement · max 499dSource: SEC filings · market data

Latest changes

30 daysAll changes

No changes.

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.