Nokia (NOK) Put Options Active into Q3 Results

October 17, 2012 3:18 PM EDT
Nokia Corp. ADS (NYSE: NOK) front month put options are active heading into the company's third-quarter results, expected t be published before the market opens tomorrow.

About 28,600 October 3 put contracts have been traded, with open interest at 37,850 contracts.

Shares of Nokia are up 2.8 percent on the session.

As a reminder, the street is looking for a quarterly loss of 13 cents per share on sales of $9.03 billion. In the same period last year, Nokia reported a loss of 2 cents per share on revs of $8.98 billion.


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