Ciena (CIEN) volatility bid up as shares dip into Q3 and guidance

Ciena (Nasdaq: CIEN) September put option implied volatility is at 67, October is at 60, January is at 59; compared to its 26-week average of 54 according to Track Data, suggesting large price movement into the expected release of Q3 results on August 30.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• BJ's Wholesale Club (BJ) call put ratio 1.3 calls to 1 put into quarter results
• Marriott Vacations Worldwide (VAC) call put ratio 12 calls with a focus on October 105 and 110 calls
• Western Digital (WDC) call put ratio 1 call to 1 put as share price down 1.3%