Nokia NOK (news,
chart,
quote) - NOK implied volatility suggests Risk: PALM buyout at $20 would be Accretive
NOK is recently down .03 to $21.94. NOK has a market cap of $87 billion with long term debt of $70 million. NOK has cash & short term investments of $7.9 billion. NOK has a P.E. of 22. PALM has a P.E. of 20. NOK is expected to report EPS in mid-April. NOK over all option implied volatility of 30 is above its 26-week average of 27 according to Track Data, suggesting larger price fluctuations.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.