Nokia January $12/$14 strangle trades 5,200 times for $1.15 in appears an opening purchase. The stock was pummeled after last week’s earnings but now sits at support near $13 a share. Recent lawsuit against Apple might contribute to upcoming news event driven volatility. IV around 31% is near 52-week low
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Nokia Corp (NOK) $13.18 -1.05%
Posted on October 23rd, 2009 1:04 pm
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1 user commented on " Nokia Corp (NOK) $13.18 -1.05% "
Follow-up comment rss or Leave a TrackbackThanks for the great stuff this week, Steve!
Find more of Steve Smith’s work at: http://www.minyanville.com/optionsmith/