Shares of NOK are down .36 to 3.69 today.? NOK is making one-month lows today.
A large combination traded on the NOK Jan 4.5 strikes buying the calls for .02 and selling the puts for .72. The block size was 10,000 contracts.?? Average contract volume is 61,118 per day in the name.? Open interest was over 44,000 on the calls and 86,000 on the puts. It is possible this combination is taking profits and closing.? Check the OI count tomorrow.? January volatility is up 5 points today.
30-day implied volatility is 70%.?? 10-day implied volatility is 45%.? 30 Day Implied volatility is trading well above the 10 day historical volatility. ?
Nokia Corporation (NOK) has three operating segments: Devices & Services; NAVTEQ, and Nokia Siemens Networks. Devices & Services is responsible for developing and managing the Company?s portfolio of mobile products, as well as designing and developing services, including applications and content. NAVTEQ is a provider of digital map information and related location-based content and services for mobile navigation devices, automotive navigation systems, Internet-based mapping applications, and government and business solutions. Nokia Siemens Networks provides mobile and fixed network infrastructure, communications and networks service platforms, as well as professional services and business solutions, to operators and service providers.