Nokia call volume above normal and directionally bullish

Bullish option flow detected in Nokia (NOK) with 446,009 calls trading, 3x expected, and implied vol increasing almost 13 points to 73.64%. Jun-26 15 calls and Jul-26 16 calls are the most active options, with total volume in those strikes near 91,000 contracts. The Put/Call Ratio is 0.09. Earnings are expected on July 23rd.