Notable Call Options Activity on Nokia

Shares of Nokia

are lower on the session by 2.03%, trading at $4.82. The stock has been moving largely lower over the past two months, though it is currently trading below the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest action is the July 2012 $7.00 call, which has traded 5,200 times on open interest of 0 contracts. The Jul2012 $8.00 call also traded 3,700 times on 0 contracts. Call volume is outpacing put volume by 15 to 1. Nokia Corporation manufactures and sells mobile devices, and provides Internet and digital mapping and navigation services worldwide. Its Devices & Services segment develops and manages a portfolio of mobile devices; and services comprising applications and content. It also offers Internet services focusing on navigation, applications and games, music, and mail, as well as on the tools that enable developers to create applications under the Ovi brand name.