Nokia Corp Stock Options

NOK Stock  USD 4.20  0.01  0.24%   
Nokia Corp's latest option contracts expiring on 2024-12-06 are carrying combined implied volatility of 1.69 with a put-to-call open interest ratio of 0.01 over 10 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-06. The total put volume is at 4.0, with calls trading at the volume of 4.0. This yields a 0.03 put-to-call volume ratio.

Open Interest Against 2024-12-06 Option Contracts

The chart above shows Nokia Corp's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Nokia Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Nokia Corp's option, there is no secondary market available for investors to trade.
Nokia Corp's option chain provides insight into all available option contracts written on Nokia Corp's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Nokia Corp's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Nokia option contract.

In The Money vs. Out of Money Option Contracts on Nokia Corp

Analyzing Nokia Corp's in-the-money options over time can help investors to take a profitable long position in Nokia Corp regardless of its overall volatility. This is especially true when Nokia Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Nokia Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Nokia Corp's stock while costing only a fraction of its price.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Nokia Corp ADR In The Money Call Balance

When Nokia Corp's strike price is surpassing the current stock price, the option contract against Nokia Corp ADR stock is said to be in the money. When it comes to buying Nokia Corp's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Nokia Corp ADR are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Nokia Current Options Market Mood

Nokia Corp's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Nokia Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Nokia Corp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Nokia Corp's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Nokia contract

Base on the Rule 16, the options market is currently suggesting that Nokia Corp ADR will have an average daily up or down price movement of about 0.11% per day over the life of the 2024-12-06 option contract. With Nokia Corp trading at USD 4.2, that is roughly USD 0.004436. If you think that the market is fully incorporating Nokia Corp's daily price movement you should consider buying Nokia Corp ADR options at the current volatility level of 1.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Nokia Corp options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Nokia calls. Remember, the seller must deliver Nokia Corp ADR stock to the call owner when a call is exercised.

Nokia Corp Option Chain

When Nokia Corp's strike price is surpassing the current stock price, the option contract against Nokia Corp ADR stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Nokia Corp's option chain is a display of a range of information that helps investors for ways to trade options on Nokia. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nokia. It also shows strike prices and maturity days for a Nokia Corp against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntExpirationCurrent SpreadLast Price
Call
NOK Option Call 06-12-2024 212024-12-061.33 - 1.972.44In
Call
NOK Option Call 06-12-2024 3152024-12-060.89 - 1.71.28In
Call
NOK Option Call 06-12-2024 3502024-12-060.61 - 0.830.72In
Call
NOK Option Call 06-12-2024 402024-12-060.15 - 0.310.24In
Call
NOK Option Call 06-12-2024 45192024-12-060.0 - 0.020.02Out
Call
NOK Option Call 06-12-2024 502024-12-060.0 - 0.020.01Out
Call
NOK Option Call 06-12-2024 5152024-12-060.0 - 0.050.01Out
Call
NOK Option Call 06-12-2024 6292024-12-060.0 - 0.250.02Out
 Put
NOK Option Put 06-12-2024 402024-12-060.0 - 0.020.02Out
 Put
NOK Option Put 06-12-2024 482024-12-060.05 - 0.460.3In

Nokia Corp Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Nokia Corp Market Cap Over Time

   Market Cap   
       Timeline  

Nokia Total Stockholder Equity

Total Stockholder Equity

13.38 Billion

At this time, Nokia Corp's Total Stockholder Equity is quite stable compared to the past year.

Nokia Corp Corporate Directors

Bruce BrownNon-Executive Independent DirectorProfile
Edward KozelNon-Executive Independent DirectorProfile
Jeanette HoranNon-Executive Independent DirectorProfile
Thomas DannenfeldtNon-Executive Independent DirectorProfile
When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.506
Dividend Share
0.13
Earnings Share
0.17
Revenue Per Share
3.591
Quarterly Revenue Growth
(0.08)
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.