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Huge, Unusual Options Activity in Nokia After Nvidia Takes $1 Billion Stake
Yahoo Finance· 2025-10-29 17:30
A large volume of long-dated put options has traded in Nokia Corp (NOK) ADRs (American Depository Receipts) following Nvidia, Inc.'s $1 billion stake in new NOK shares, announced on Oct. 28. Nokia, which makes 5G cellular equipment, will use the money for AI-related investments. The put options are unusual in that they won't expire for over 2 years (814 days) on Jan. 21, 2028, and are out-of-the-money (OTM) at $7.00 per share. Moreover, this was over 90 times the prior number of put options outstanding. ...
Nvidia takes $1 billion stake in Nokia
CNBC· 2025-10-28 15:39
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