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Nokia call volume above normal and directionally bullish

Bullish option flow detected in Nokia (NOK) with 91,808 calls trading, 16x expected, and implied vol increasing almost 11 points to 55.65%. Mar-26 7 calls and 1/9 weekly 7 calls are the most active options, with total volume in those strikes near 61,800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on January 29th.

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