Mixed options sentiment in Nokia with shares down 1.6%

Mixed options sentiment in Nokia (NOK), with shares down 24c near $14.47. Options volume more than double the daily average with 1.02m contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.22. Implied volatility (IV30) dropped 4.09 near 75.27, 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.