Ciena (CIEN) options active on lower volalilty on Q3 results

Ciena (Nasdaq: CIEN) is recently up 19% as Q3 loss narrowed as sales of high margin gear sales increased. September 14 and 15 calls are active on total call volume of 9K contracts (9K puts). September call option implied volatility is at 72 below a level of 105 from August 31 and above its six-month average of 54 according to Track Data.

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