Cboe data shows mixed options sentiment in Nokia with shares down 0.46%
Cboe data shows mixed options sentiment in Nokia (NOK), with shares down 6c near $11.79. Options volume relatively light with 108k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.34. Implied volatility (IV30) dropped 1.75 near 80.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.60. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Danske Bank.Looking ahead: Nokia (NOK) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Cboe data shows mixed options sentiment in Nokia (NOK), with shares down 6c near $11.79.
Options volume relatively light with 108k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.34.
Implied volatility (IV30) dropped 1.75 near 80.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.60.
Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Danske Bank.Looking ahead: Nokia (NOK) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.