US OptionsDetailed Quotes
CIEN241018C35000
- 13.13
- 0.000.00%
15min DelayClose Oct 8 16:00 ET
0.00High0.00Low
13.13Open13.13Pre Close0 Volume3 Open Interest35.00Strike Price0.00Turnover184.52%IV-26.24%PremiumOct 18, 2024Expiry Date30.25Intrinsic Value100Multiplier10DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9861Delta0.0018Gamma2.15Leverage Ratio-0.0367Theta0.0093Rho2.12Eff Leverage0.0038Vega
Ciena Stock Discussion
Sign in to post a comment
The market fell Wendesday morning, but moved toward a flat sideways crawl by the afternoon.
The $S&P 500 Index (.SPX.US)$ climbed 2 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 11 bps, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 6 bps.
MACRO
US September ADP Nonfarm Employment came in at 143,000 vs 124,000 forecasts, higher than last month's 99,000.
Meanwhile, crude oil inventories came in much higher than estimated: firm...
The $S&P 500 Index (.SPX.US)$ climbed 2 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 11 bps, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 6 bps.
MACRO
US September ADP Nonfarm Employment came in at 143,000 vs 124,000 forecasts, higher than last month's 99,000.
Meanwhile, crude oil inventories came in much higher than estimated: firm...
38
10
Morning Movers
Gapping up
$Citigroup (C.US)$ shares increased by more than 2% after the bank reported revenue of $21.1 billion, surpassing analysts' expectations.
$Blackrock (BLK.US)$ 's stock grew by 2% following a quarterly report that exceeded expectations, with earnings per share of $9.81 on revenue of $4.73 billion.
$Globe Life (GL.US)$ shares surged approximately 9% in extended trading on Friday, recovering from a more than 50%...
Gapping up
$Citigroup (C.US)$ shares increased by more than 2% after the bank reported revenue of $21.1 billion, surpassing analysts' expectations.
$Blackrock (BLK.US)$ 's stock grew by 2% following a quarterly report that exceeded expectations, with earnings per share of $9.81 on revenue of $4.73 billion.
$Globe Life (GL.US)$ shares surged approximately 9% in extended trading on Friday, recovering from a more than 50%...
27
1
Despite lukewarm market response, Ciena's earnings potential may be stronger than perceived due to robust free cash flow and higher earnings per share. A comprehensive understanding of the company's performance requires more factors to be considered.
2
Despite Ciena's reinvestment of its capital, the returns it's generating haven't increased. Given the underlying trends, it's unlikely to be a multi-bagger going forward.
Daryanani predicts Ciena's earnings per share could reach $3.50 or more in fiscal 2024, surpassing the $2.90 consensus estimate. He views Ciena as a 'very attractive asset', the best-in-class optical vendor, and expects the stock to rise due to a 'series of beat and raises coupled with multiple expansion'.
The market's prediction of continued strong earnings growth is reflected in Ciena's high P/E ratio. Shareholders' reluctance to sell the stock indicates an anticipation for a prospering future, making a significant share price drop unlikely.
Ciena's revenue spike may signify aptly handling pandemic-induced demand. The CEO's aim to corner cloud customers aligns with market trends. However, the low telecom demand reflects an industry-wide tendency.
Though Ciena's EPS fall does not align with share price variation, its long-term performance is praised. Metrics like revenue growth rate may be more crucial to investors.
Here are the top gap ups and downs for the stocks with a market cap above $5 billion after market closed (gaps range from large to small):
Gap Ups
1. $Ciena (CIEN.US)$ - up 9.1%
2. $Okta (OKTA.US)$ - up 6.0%
3. $UGI Corp (UGI.US)$ - up 5.5%
4. $Shopify (SHOP.US)$ - up 5.4%
5. $UBS Group (UBS.US)$ - up 3.8%
6. $Salesforce (CRM.US)$ - up 2.6%
7. $KE Holdings (BEKE.US)$ - up 2.5%
8. $CrowdStrike (CRWD.US)$ - up 2.3%
9. $MINISO (MNSO.US)$ - up...
Gap Ups
1. $Ciena (CIEN.US)$ - up 9.1%
2. $Okta (OKTA.US)$ - up 6.0%
3. $UGI Corp (UGI.US)$ - up 5.5%
4. $Shopify (SHOP.US)$ - up 5.4%
5. $UBS Group (UBS.US)$ - up 3.8%
6. $Salesforce (CRM.US)$ - up 2.6%
7. $KE Holdings (BEKE.US)$ - up 2.5%
8. $CrowdStrike (CRWD.US)$ - up 2.3%
9. $MINISO (MNSO.US)$ - up...
+17
14
4
Pre-Market Stock Movers
Gapping up
$Salesforce (CRM.US)$ jumped 6.2% following its earnings beat after the bell Wednesday. Adjusted earnings per share came in at $2.12 for the second quarter, versus the consensus estimate of $1.90, per Refinitiv. Revenue was $8.60 billion, topping the $8.53 expected. Goldman Sachs subsequently hiked its price target by $15 to $340 a share, suggestions 58% upside.
$UBS Group (UBS.US)$ popp...
Gapping up
$Salesforce (CRM.US)$ jumped 6.2% following its earnings beat after the bell Wednesday. Adjusted earnings per share came in at $2.12 for the second quarter, versus the consensus estimate of $1.90, per Refinitiv. Revenue was $8.60 billion, topping the $8.53 expected. Goldman Sachs subsequently hiked its price target by $15 to $340 a share, suggestions 58% upside.
$UBS Group (UBS.US)$ popp...
24
1
No comment yet
102181510 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
104476495 : h
Ronnie Robinson 151827232 : name of solar AI drone please
章允量 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Kevin Travers OP 151827232 : Sounds cool what is it?
View more comments...