Nokia Shares Rise 6.37% to $16.45
Moderately bullish activity in Nokia (NOK), with shares up 98c, or 6.37%, near $16.45. Options volume running well above average with 724k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.22. Implied volatility (IV30) is up nearly 14.0 points near 86.79, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.90. Put-call skew steepened, indicating increased demand for downside protection.
