Ciena Corporation (CIEN)
NYSE: CIEN
· Real-Time Price · USD
90.81
-0.61 (-0.67%)
At close: Aug 15, 2025, 3:59 PM
89.62
-1.31%
After-hours: Aug 15, 2025, 07:27 PM EDT
CIEN Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for CIEN across all expirations is 22,550.91 shares per 1% move, with 35,340.84 from calls and 12,789.93 from puts. The put-call GEX ratio of 0.36 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness. The highest gamma concentration is at the Sep 19, 25 expiration with 13,576.07 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
CIEN GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 18,007.85 | -4,431.78 | 13,576.07 | 0.25 |
| Oct 17, 25 | 10,814.45 | -6,146.68 | 4,667.77 | 0.57 |
| Jan 16, 26 | 5,186.88 | -1,664.68 | 3,522.2 | 0.32 |
| Mar 20, 26 | 599.2 | -323.21 | 275.99 | 0.54 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 428.63 | -186.89 | 241.74 | 0.44 |
| Jan 15, 27 | 303.83 | -36.69 | 267.14 | 0.12 |