Mixed options sentiment in Nokia (NOK), with shares down 10c near $7.75. Options volume roughly in line with average with 53k contracts traded and calls leading puts for a put/call ratio of 0.82, compared to a typical level near 0.25. Implied volatility (IV30) is higher by 2.9 points near 45.48,in the top quartile of the past year, suggesting an expected daily move of $0.22. Put-call skew steepened, indicating increased demand for downside protection.
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