Nokia Shares Up 1.73% to $13.26
Moderately bullish activity in Nokia (NOK), with shares up 22c, or 1.73%, near $13.26. Options volume relatively light with 255k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 0.3 points near 83.2, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.69. Put-call skew steepened, indicating increased demand for downside protection.
