NEW YORK (Market Intellisearch) -- CIEN options saw interesting call activity today. A total of 1,109 put and 7,734 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.14. There were 6.97 calls traded for each put contract.
Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.
CIENA Corp. (CIEN) closed at $13.10 in the last trading session and opened today at $12.87. CIEN is
trading at $13.09, down $0.01 (-0.08%) in today's trading session. The daily
low is $12.85 and the high is $13.29. The trading volume of 3,471,399 is below the
average volume of 6,132,490 shares. CIEN is trading below the 50 day moving
average and lower than the 200 day moving average.
The stock's 52 week low is $10.53 and 52 week high is $19.48.
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