NEW YORK (AVAFIN) -- Nokia Corporation options contracts experienced a new 90-day record for call contracts where a total
of 20,964 call contracts were traded in the busy trading session. The contract spread
yielded a 3.03 put/call ratio where 0.3 call contracts were traded for each put contract.
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A significant increase in the trading volume of a stock's option often is a precursor of movement
by the underlying stock. In such instances, put/call Ratio can be used as an investor sentiment
indicator, where a high ratio implies that the overall investor sentiment is bearish and a low
put/call ratio implies that the sentiment is bullish.
The last trading session witnessed a low of $4.18 and high of $4.30 during the day. Shares of Nokia Corporation
slipped $0.04 (0.94%) to $4.21. The current trading volume of 39M is less
than average volume of 62M shares. The stock's 52 week low is $1.63 and 52 week high is $5.87. Within the last quarter, the shares have gained 58.58% of their value.
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