Jon,
Thanks for the kudos, but I went 'light' in only buying 125
shares. However, in the coming days, (maybe as early as tomorrow,
if CIEN stays around these levels I plan to place a bet by
buying more underlying shares and then deciding on a strike
price when buying covered calls. I *think* CIEN messed the bed only
once in the last many CC's. My only question, asked
some time ago, is whether they are primarily a supplier to
American co's such as ATT, or whether they have a dog in the fight
with China.
Regardless, it's 'that time' again with CIEN, and I think it's a
chance worth taking.