NOK / Nokia Oyj - Depositary Receipt (Common Stock) - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-12	4	86
2025-09-19	11	6,146
2025-09-26	18	73
2025-10-03	25	23
2025-10-10	32	2
2025-10-17	39	2,663
2025-10-24	46	0
2025-11-21	74	210
2026-01-16	130	34,593
2026-04-17	221	214
2027-01-15	494	10,616

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-05	55,026	28,194
2025-09-04	52,795	28,084
2025-09-03	52,828	28,003
2025-09-02	52,915	18,056
2025-08-29	51,851	17,963
2025-08-28	51,343	17,963
2025-08-27	51,198	17,862
2025-08-26	51,192	17,862
2025-08-25	51,195	17,863
2025-08-22	51,352	17,871
2025-08-21	51,141	17,869
2025-08-20	51,053	17,864
2025-08-19	51,025	17,860
2025-08-18	51,053	17,838
2025-08-15	52,867	17,872
2025-08-14	55,314	17,871
2025-08-13	54,199	17,866
2025-08-12	54,251	17,831
2025-08-11	53,692	17,817
2025-08-08	54,204	17,825

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-05	589	55,026		8,913	217,763
2025-09-04	3,039	52,795		65,956	181,871
2025-09-03	623	52,828		7,028	180,229
2025-09-02	71	52,915		5,061	176,417
2025-08-29	2,423	51,851		1,376	179,478
2025-08-28	538	51,343		1,295	179,172
2025-08-27	220	51,198		3,675	177,191
2025-08-26	50	51,192		2,158	176,502
2025-08-25	75	51,195		4,423	174,454
2025-08-22	110	51,352		5,996	175,213
2025-08-21	376	51,141		1,918	175,536
2025-08-20	144	51,053		7,368	170,055
2025-08-19	49	51,025		3,855	169,474
2025-08-18	127	51,053		7,148	164,436
2025-08-15	408	52,867		5,329	177,460
2025-08-14	507	55,314		4,650	174,151
2025-08-13	2,199	54,199		5,807	172,425
2025-08-12	156	54,251		6,059	171,568
2025-08-11	654	53,692		5,086	167,950
2025-08-08	64	54,204		4,121	165,693
2025-08-07	246	55,633		4,900	162,392
2025-08-06	191	55,556		2,729	162,195
2025-08-05	2,961	52,734		5,141	158,978
2025-08-04	608	54,054		5,428	155,723
2025-08-01	2,402	53,173		3,994	159,324

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily