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Ciena Options Trading: A Deep Dive into Market Sentiment - Ciena (NYSE:CIEN)
Benzinga· 2026-02-09 16:00
Group 1 - Financial giants have shown a bullish sentiment towards Ciena, with 55% of traders being bullish and 25% bearish, indicating a positive outlook on the stock [1] - The options activity revealed 20 unusual trades, with a total value of $1,077,816, comprising 6 puts valued at $268,183 and 14 calls valued at $809,623 [1] - Analysts have set an average target price of $270.0 for Ciena, with one analyst maintaining a Buy rating at a target of $280 and another downgrading to Neutral with a target of $260 [6][8] Group 2 - Ciena operates in the telecommunications equipment sector, focusing on optical transport technologies, serving various industries including communication services, web-scale providers, and government [4] - The trading volume for Ciena stands at 1,254,446, with the stock price currently at $290.37, reflecting a 7.02% increase [8] - The expected price movement for Ciena's options is projected within a range of $180.0 to $320.0, indicating significant interest from large players [2][3]
This Is What Whales Are Betting On Ciena - Ciena (NYSE:CIEN)
Benzinga· 2025-12-23 20:02
Group 1 - High-rolling investors are bullish on Ciena (NYSE:CIEN), with significant options activity indicating potential privileged information [1] - The sentiment among major traders is mixed, with 42% bullish and 28% bearish, highlighting a notable disparity in market outlook [2] - A total of 21 options trades were identified for Ciena, with a significant focus on call options totaling $1,520,518 compared to a single put option worth $280,000 [2] Group 2 - The price target for Ciena, based on expert analysis, ranges from $175 to $280, with a consensus target price of $241 [11][12] - Recent options activity suggests that major players are eyeing a price window for Ciena between $50.0 and $260.0 over the past quarter [3][4] - Ciena operates in the telecommunications equipment sector, providing optical transport technologies and services to various industries, including communication service providers and large enterprises [9]