Bullish flow in Nokia (NOK), with shares up 29c, or 2.67%, near $11.02. Options volume running well above average with 154k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.31. Implied volatility (IV30) is higher by 2.4 points near 58.86, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.41. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Argus.
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