Jon,

Although my best on CIEN options was much, much less than yours, I'm going to let it ride. I have a hard time imagining an upside catalyst to thie market. Anytime soon, anyway. I dont' think

there's any way for the fear in the market to subside until concrete good news occurs - e.g., profitability is better than expected; the pandemic is demonstrably less disruptive than imagined. And imagined seems to me to be exactly the problem - one can imagine any scernario, from every country being on some kind of 'lock-down', to Mike Pence 'praying' it away and succeeding :-)

With Apple and now Microsoft alreadying warning about impact, I think it just adds to the worry. I see talking heads on CNBCsaying this is a big buying opp - lying, or delusional?

Of course, no amount of Fed easing will make people want to gather in public places to spend money.

Having said all that, why have I not sold anything, while losing big bucks in the sell-off?  I dunno - denial maybe. Or admitting I can't time the market, and figuring that over a number of years it'll straighten itself out.