Added to YB: 2026-06-19
Pitch date: 2026-06-17
CIEN [bullish]
Ciena Corporation
-16.36%
current return
Author Info
No bio for this author
Company Info
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.
Market Cap
$59.8B
Pitch Price
$450.80
Price Target
675.00 (+81%)
Dividend
N/A
EV/EBITDA
74.72
P/E
140.47
EV/Sales
10.77
Sector
Communications Equipment
Category
growth
Selling CIEN 35% Lower
CIEN: Sold 3,950 Jul-24-26 $285 puts @$2.30, ~4 delta, 92.6% decay odds. Strike 35% below current, 54.5% below June high. IV 85.5% ≈ realized vol (no rich-harvest, structural edge). 37-day window skips earnings. Q2 FY26 rev $1.57B (+40%), EPS $1.64 (+290%); FY26 guide $6.3B, $7.7B backlog. $506.7M buyback left (avg $274.56). Targets $416-675.
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