NEW YORK (AVAFIN) -- Nokia Corporation options contracts experienced a new 90-day record for call contracts where a total
of 41,041 call contracts were traded in the busy trading session. The contract spread
yielded a 0.20 put/call ratio where 5.0 call contracts were traded for each put contract.
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Investors use options to manage risk and to speculate on price changes. Options can provide
significant leverage if the stock moves in the right direction but aslo end up worthless if it
doesn't.
Nokia Corporation (NOK) opened today at $5.19 and is currently trading at $5.07, down $0.24 (4.52%) during
last trading session. Within the last month, shares of NOK have lost -0.20% of their value.
The daily low is $5.06 and the high is $5.20. The trading volume
of 49M is above the average volume of 32M shares. NOK is trading below the 50
day moving average and lower than the 200 day moving average. The stock's 52 week low is $4.46 and 52 week high is $9.42.
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Nokia is the world's largest manufacturer of mobile devices and a leader in mobile network equipment and software. The company's mobile phones provide consumers with experiences in voice, video, gaming, navigation, imaging, and music. Through its 50%-owned Nokia Siemens Networks joint venture, the company provides equipment and services to network operators, service providers, and corporations.
