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Nokia call volume above normal and directionally bullish

Bullish option flow detected in Nokia (NOK) with 24,772 calls trading, 1.5x expected, and implied vol increasing over 10 points to 51.13%. Jan-26 7 calls and Apr-26 7 calls are the most active options, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 0.03. Earnings are expected on January 29th.

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