798 CIEN Jul21 30 calls and Jul21 21 puts went up in 2 blocks on the PHLX marked spread.?
Shares of Ciena Corp are down 2.23 to 23.94 today.? CIEN is near the upper end of the 52 week range.
- Paper traded 798 CIEN Jul21 30 calls and Jul21 21 puts for .52 and .83. ??
- The ADV is 5361 contracts.?
- The OI is 5560 on the calls and 429 on the puts.
The volume went up in 2 blocks on the PHLX marked spread.? 4991 of the Jul21 30 calls traded as will which looked sell.? The call/put trade is most likely a collar of some kind for a small debit.
- IV 30 is trading 34%
- HV10 is trading for 16%.?
- IV 30 is trading above the HV 10.
Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users.