Option Update: Nokia volatility decreases - Paul Foster

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Option Update: Nokia volatility decreases
Apr 29, 2008 09:45 AM UTC

Paul Foster

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Symbol	Sentiment	Start	Return	Closed
NOK	n/a
NVT	n/a

Via BloggingStocks:

Filed under: Nokia Corp. (NOK), Options

Nokia (NYSE: NOK) closed at $29.51 Monday.

Navteq (NSYE: NVT) agreed to be purchased by NOK on Oct. 1, 2007 for $78 cash ($7.6 billion). The European Commission is investigating the deal.

NOK June call option implied volatility of 30 and puts implied volatility of 35 is below its 26-week average of 40 according to Track Data, suggesting decreasing price risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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