Moderately bullish activity in Nokia (NOK), with shares up 0c, or 0.07%, near $6.79. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.15. Implied volatility (IV30) is higher by 0.6 points near 43.94,in the top quartile of the past year, suggesting an expected daily move of $0.19. Put-call skew steepened, indicating increased demand for downside protection.
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