Huge, unusual options activity in Nokia after Nvidia takes $1 billion stake
A large volume of long-term put options have been traded Nokia Corp (NOT OK) ADR (American Depository Receipts) following Nvidia, Inc.’s $1 billion stake in new NOK shares, announced on October 28. Nokia, which makes 5G cellular equipment, will use the money for AI-related investments. The puts are unusual because they won’t expire for more…