NEUTRAL — WATCH
No clear whale direction for CIEN. Bullish and bearish signals roughly cancel out. Insiders are net buyers (439,676 shares bought vs 247,080 sold) — bullish conviction from management. Strong institutional ownership at 98.7% 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)
3.33
BEARISH
High Volume Contracts — Vol > 500 (5 contracts)
PUT$4722026-05-011,646
CALL$5502026-05-01819
PUT$4922026-05-01809
PUT$3752026-05-01708
PUT$3802026-05-01573
- Put/Call volume ratio: 3.33 (bearish)
- Total options volume: 14,966 (calls 3,455 / puts 11,511)
👤 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)
439,676
Recent Insider Transactions (0 buys / 8 sells / 2 grants)
SELLGAGE BRODIE1,2002026-04-15
SELLDIPERNA DINO2,8292026-04-15
SELLROTHENSTEIN DAVID M.2,5002026-04-15
SELLSMITH GARY BRIAN2,9522026-04-15
SELLKOSARAJU SHEELA2,0122026-04-01
SELLPHIPPS JASON22,0142026-04-01
SELLSMITH GARY BRIAN2,9522026-04-01
SELLCUMELLO JOSEPH RONALD1,7732026-03-27
GRANTKUMAR DEVINDER6052026-03-26
GRANTCLAFLIN BRUCE L6052026-03-26
- Insider buying: 439,676 shares
- Insider selling: 247,080 shares
- 31 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
98.7%
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 (4 adding / 0 selling)
▲ ADDINGFidelity Mt. Vernon Street Trust-Fidelity Gro+6.6%+423,302
▬ 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+2.3%+43,684
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Small-Cap Growt-3.7%-69,191
★ NEW POSIFidelity Concord Street Trust-Fidelity 500 InNEW+897,558
★ NEW POSIiShares Trust-iShares Core S&P 500 ETFNEW+898,971
▬ HOLDFidelity Mt. Vernon Street Trust-Fidelity Ser+2.1%+35,913
▬ HOLDNEW ECONOMY FUND0.0%0
- Institutional ownership: 98.7%
- 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: 5.2% of float
- Days to cover: 1.4
- Short interest MoM: ↓ 7.0%
- Squeeze risk: LOW