Nokia (NYSE: NOK) closed at $14.71. NOK is expected to report Q3 EPS on October 15. NOK options were active on September 29 on volume of 63,852 contracts. NOK average daily volume is 18,770 according to IVolatility. NOK October option implied volatility is at 60, November call volatility is at 54, puts at 43; verses its 26-week average of 48, according to Track Data, suggesting larger near term price movement.
Nike (NYSE: NKE) reported Q1 revenue of $4.8B, down 12% versus the prior year. NKE is recently trading at $63.55 in pre-open trading, above its close of $60.09. NKE over all option implied volatility is at 31 according to Track Data.
Steel Dynamics (NYSE: STLD) closed at $15.87. STLD October option implied volatility is at 51, November is at 59, below its 26-week average of 73 according Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.



