OT - CIEN - sold another 5 calls on CIEN sept 7th stk 28.50 @.87. Chose the 7th because IIRC CIEN seems to pop on good news, and then there's some profit taking and it tends to back down. It's 1/2 of my 'core' position, but at an effective price of $29.37 if it's ITM, that's ok too. It'll be interesting to see what holds sway - the current earnings story or the secular upcoming sector 5g story. Strange how price movement works with the calls - at the same stock price I sold my .87 calls, it dropped and came back up to that price - but the bid then was .90 and the ask .93. Why were the calls suddenly more valuable at the same price, in a very short period of time. Puzzling.

I looked at analyst's ratings, and they aren't all that great - a 'hold' is the average. In fact, when I looked across stocks in the sector, the analyst opinions were pretty 'meh' to somewhat gloomy. As if 5g won't matter. NOK has shared CIEN's rise (CIEN has now risen 16 out of 17 days - thanks Jester), but NOK dropped off a cliff, and is now climbing back. The average analyst rating on NOK is pretty dismal. Let us hope they are wrong.