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NOK logoNokia (NOK - option chain) shares are rising today after the company announced that its Nokia N900 is now on sale in the United States. The phone retails for $649. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on NOK.

NOK opened this morning at $13.95. So far today the stock has hit a low of $13.85 and a high of $14.04. As of 11:45, NOK is trading at $13.95 up 27 cents(2.0%). The chart for NOK looks neutral and S&P gives NOK a neutral 3 STARS (out of 5) hold ranking.

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Nokia (NOK) lifted by US release of N900 originally appeared on BloggingStocks on Wed, 18 Nov 2009 13:30:00 EST. Please see our terms for use of feeds.

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