NOK250417P00003500 Option on Nokia Corp ADR

NOK Stock  USD 4.79  0.01  0.21%   
NOK250417P00003500 is a PUT option contract on Nokia Corp's common stock with a strick price of 3.5 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 69 days remaining before the expiration. The option is currently trading at a bid price of $0.01, and an ask price of $0.21. The implied volatility as of the 7th of February is 69.0.
  
When exercised, put options on Nokia Corp produce a short position in Nokia Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Nokia Corp's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Nokia Corp ADR will have an average daily up or down price movement of about 0.0457% per day over the life of the option. With Nokia Corp trading at USD 4.79, that is roughly USD 0.00219. If you think that the market is fully understating Nokia Corp's daily price movement you should consider buying Nokia Corp ADR options at that current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Nokia Corp

An 'Out of The Money' option on Nokia has a strike price that Nokia Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Nokia Corp's 'Out of The Money' options include buying the options if you expect a big move in Nokia Corp's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameNOK250417P00003500
Expires On2025-04-17
Days Before Expriration69
Vega0.004324
Gamma0.132062
Theoretical Value0.11
Open Interest3448
Strike Price3.5
Last Traded At0.01
Current Price Spread0.01 | 0.21
Rule 16 Daily Up or DownUSD 0.00219

Nokia short PUT Option Greeks

Nokia Corp's Option Greeks for the contract ending on 2025-04-17 at a strike price of 3.5 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Nokia Corp's option greeks, its implied volatility helps estimate the risk of Nokia Corp stock implied by the prices of the options on Nokia Corp's stock.
Delta-0.123763
Gamma0.132062
Theta-0.002176
Vega0.004324
Rho-0.001247

Nokia long PUT Option Payoff at expiration

Put options written on Nokia Corp grant holders of the option the right to sell a specified amount of Nokia Corp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Nokia Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Nokia Corp is like buying insurance aginst Nokia Corp's downside shift.
   Profit   
       Nokia Corp Price At Expiration  

Nokia short PUT Option Payoff at expiration

By selling Nokia Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Nokia Corp will generally make money when the underlying price is above the strike price. Therefore Nokia Corp's put payoff at expiration depends on where the Nokia Stock price is relative to the put option strike price. The breakeven price of 3.39 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Nokia Corp's price. Finally, at the strike price of 3.5, the payoff chart is constant and positive.
   Profit   
       Nokia Corp Price At Expiration  
View All Nokia Corp Options

Nokia Corp ADR Available Put Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
NOK250417P0000200022.00.0 - 0.270.01Out
 Put
NOK250417P0000400029934.00.03 - 0.240.04Out
 Put
NOK250417P0000350034483.50.01 - 0.210.01Out
 Put
NOK250417P000030001163.00.01 - 0.040.02Out
 Put
NOK250417P00002500212.50.0 - 0.210.03Out
 Put
NOK250417P0000600026.00.92 - 1.541.9In
 Put
NOK250417P00005500205.50.59 - 0.971.24In
 Put
NOK250417P00005000101125.00.01 - 0.720.4In
 Put
NOK250417P000045004134.50.12 - 0.170.12Out
 Put
NOK250417P00007000197.01.91 - 2.542.87In

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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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
Earnings Share
0.32
Revenue Per Share
3.591
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0324
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.