balanced
CIEN · 2026-06-12 · 16:02 ET (after hours)

$CIEN

CIENA CORP

$445.78 ▲ +0.58   (+0.13%)

Free ward

Set a ward on $CIEN

We DM you the instant the $500 call wall or the $400 put wall breaks. No noise, just the break.

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Wall-break alerts arrive as a Discord DM.

Free ward

Set a ward on $CIEN

We DM you the instant the $500 call wall or the $400 put wall breaks.

Warded

$CIEN is warded

We'll DM you the moment the $500 call wall breaks. Rest easy.

The Read

Next session — balanced gamma — CIEN likely ranges between $400–$500 absent a catalyst.

IV percentile · 1y 74 · premium elevated

Snapshot $445.78 · · 2026-06-12 · 16:02 ET (after hours)

The Levels

Put Wall $400 active wall
Gamma Flip $470 -5.2% below flip
Call Wall $500 active wall
spot $445.78

Regime balanced no clear edge from positioning.


Scored Levels


Where the market is positioned


Implied vs Measured


Plays at the Walls

Covered Call

$520 · Jul 10 · 30Δ

$16.50 premium  ·  50%/yr annualized

Cash-Secured Put

$415 · Jul 10 · 30Δ

$23.84 premium  ·  78%/yr annualized

Not investment advice · Informational only




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