Mixed options sentiment in Nokia (NOK), with shares up 6c, or 0.93%, near $6.00. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.08, compared to a typical level near 0.15. Implied volatility (IV30) dropped 3.97 near 27.47,in the bottom quartile of the past year, suggesting an expected daily move of $0.10. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at SEB Equities.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOK:
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- From Transistors to AI as Nokia Pledges $4B U.S. Manufacturing Spend
- Nokia says to invest $4B in R&D and manufacturing in U.S., Bloomberg reports
- Nokia upgraded to Buy from Hold at Danske Bank
- Nokia price target lowered to $6.57 from $8.07 at BofA