NEUTRAL — WATCH
No clear whale direction for CIEN. Bullish and bearish signals roughly cancel out. Insiders are net buyers (444,735 shares bought vs 233,103 sold) — bullish conviction from management. Strong institutional ownership at 99.4% with 6 of 10 top holders actively accumulating this quarter.
Action Plan
- Hold existing positions — no strong directional signal
- Wait for clearer whale activity before adding
- Monitor next earnings for institutional positioning changes
📈 Options Flow 期权异动
Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.
PUT / CALL RATIO
0 (Bullish)1.02.0+ (Bearish)
1.82
BEARISH
Unusual Strikes — Vol/OI > 3x (2C / 4P)
CALL$2902026-04-1010110.0x
CALL$1902026-04-02616.0x
PUT$1702026-04-172,0013835.2x
PUT$652026-04-17515.0x
PUT$4802026-04-02106254.2x
PUT$3002026-04-1078233.4x
High Volume Contracts — Vol > 500 (4 contracts)
PUT$1702026-04-172,001
PUT$3502026-04-17665
CALL$4502026-03-27568
CALL$3982026-03-27504
- Put/Call volume ratio: 1.82 (bearish)
- Total options volume: 10,990 (calls 3,891 / puts 7,099)
- Top unusual: CALL $290.0 exp 2026-04-10 — vol/OI 10.0x
- 6 unusual strikes detected (2C / 4P)
👤 Insider Trading 内部交易
SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.
SHARES BOUGHT (6m)
444,735
Recent Insider Transactions (0 buys / 10 sells / 0 grants)
SELLSMITH GARY BRIAN2,9522026-03-16
SELLROTHENSTEIN DAVID M.2,5002026-03-16
SELLSMITH GARY BRIAN2,9522026-03-02
SELLSMITH GARY BRIAN2,9522026-02-17
SELLROTHENSTEIN DAVID M.2,5002026-02-17
SELLSMITH GARY BRIAN2,9522026-02-02
SELLSMITH GARY BRIAN2,9932026-01-15
SELLKOSARAJU SHEELA3822026-01-15
SELLPHIPPS JASON21,3832026-01-15
SELLDIPERNA DINO5,0542026-01-15
- Insider buying: 444,735 shares
- Insider selling: 233,103 shares
- 24 Form 4 filings in last 90 days
- Net insider BUYING — bullish signal
🏦 Smart Money Flow 机构资金流向
Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.
INSTITUTIONAL OWNERSHIP
99.4%
ACCUMULATION vs DISTRIBUTION
60% ACCUMULATING
40% DISTRIBUTING
NET SHARES FLOW
+6,591,066
Institutional Position Changes (QoQ)
★ NEW POSITIONElyxium Wealth, LLC8.31%NEW+5,874,653
▲▲ HEAVY BUYPrice (T.Rowe) Associates Inc2.87%+53.0%+1,404,196
▲▲ HEAVY BUYArrowstreet Capital, Limited Partnership1.58%+95.5%+1,092,966
▲ ADDINGBlackrock Inc.11.79%+6.9%+1,072,993
▲ ADDINGState Street Corporation3.61%+17.2%+750,303
▲ ADDINGGeode Capital Management, LLC1.90%+5.7%+145,885
▬ HOLDFMR, LLC14.94%-0.1%-29,620
▬ HOLDVanguard Group Inc10.17%-4.6%-691,630
▼ TRIMMINGJPMORGAN CHASE & CO7.68%-16.0%-2,061,694
▼▼ HEAVY SELLBank of America Corporation1.53%-30.9%-966,986
ETF & Mutual Fund Flow (1 adding / 0 selling)
▬ HOLDFidelity Mt. Vernon Street Trust-Fidelity Gro+0.2%+13,419
▬ HOLDiShares Trust-iShares Core S&P Mid-Cap ETF+0.2%+8,115
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar-0.3%-13,343
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Small-Cap Index-4.5%-149,768
★ NEW POSIJPMorgan Trust II-JPMorgan Large Cap Growth FNEW+1,439,088
▬ HOLDFidelity Mt. Vernon Street Trust-Fidelity Gro-1.0%-19,573
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Small-Cap Growt-3.7%-69,191
▬ HOLDFidelity Mt. Vernon Street Trust-Fidelity Ser+0.2%+3,618
▬ HOLDNEW ECONOMY FUND0.0%0
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Extended Market+0.4%+6,055
- Institutional ownership: 99.4%
- Smart money flow: 6 adding / 2 selling / 2 hold
- Net shares added by institutions: +6,591,066
- Biggest mover: Elyxium Wealth, LLC added 5,874,653 shares (+100.0%)
🕶 Short Interest & Dark Pool 做空 & 暗池
Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.
SHORT INTEREST (% OF FLOAT)
0%10%20%30%+
- Short interest: 5.6% of float
- Days to cover: 1.8
- Short interest MoM: ↓ 10.2%
- Squeeze risk: LOW