CIEN is set to report Thursday before the opening bell. As usual, there are some option plays that seem outzied, esp. given what seems like a fair number of shares shorted. At a share price of $22.20, the Friday Sept. 4th 22.50's yield about 3.5%, if ITM, if my math isn't faulty.

I still can't cut and paste, as per usual - the site 'Investor Place' has an article on CIEN's pre-earnings prospects that may be useful. Not sure whether to make a bet on earnings or not - I already have sold 9/11 23.50 calls, but have a fair amount of dry powder.