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Nokia Corporation Message Board

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  • wsjjswwsjjsw wsjjswwsjjsw Dec 15, 2011 1:19 PM Flag

    Huge volume....fight between MM's and buyers......

    It is a fight between option shorts and option longs. The option short sellers are trying to keep nok in a tight range so that the options they sold will expire worthless tomorrow. This tactic has been working so far though I suspect the smarter ones among them have already closed their position. The greedy last minute penny hunters are driving today's move.

    Once this stock starts to move, it will be very quick because everyone will have to unwind their positions at once.

4.92-0.08(-1.60%)Oct 21 4:02 PMEDT