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NOK

Nokia Corporation SponsoredClose $13.98EOD only

Max Pain

$14.00

Next expiry Jun 18, 2026

Expected Move

±$0.76

5.4% from close

Price Gap

+0.02

Distance to max pain

IV Rank

High premium

P/C OI

0.33

Slightly call-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 16, 2026 close

End-of-day snapshot

This page reflects NOK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 16, 2026 close

NOK Theta Report

Analysis based on market close June 17, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Theta Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.2% from MP; +0.5 VIX 18

IV Environment

IV Regime

High

IV vs VIX

IV 91% vs VIX 18: extreme, event likely.

Favorable?

Yes

Term structure: Contango; near-term IV lower, event decay expected.

📈Bullish GEX $111.8M, low put/call.

⚠️Pinning at $14 MP may cap upside.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Pinning ($+111.8M)

OI concentrations: Call wall $15-$20; max pain $14; put light.

Verdict: Pinning at $14, support $12.17, squeeze risk.

Premium Opportunities

Put credit spread

Sell 2026-07-17 $12.00/$11.00 put spread

Sell $12/$11 put spread; profit from pinning above $12.

Credit: $0.20-$0.24

Max loss: $0.76

BE: $11.76

Mgmt: Exit at 50% profit or if NOK breaks $12.17.

Call credit spread

Sell 2026-07-17 $14.00/$15.00 call spread

Sell $14/$15 call spread; caps upside risk.

Credit: $0.40-$0.48

Max loss: $0.52

BE: $14.48

Mgmt: Close at 50% gain or if stock exceeds $14.

Iron condor

Sell 2026-07-24 $12.00/$11.50 put wing and $14.00/$14.50 call wing

Sell put wing $12/$11.5 and call wing $14/$14.5.

Credit: $0.27-$0.34

Max loss: $0.16

BE: 11.66 / 14.34

Mgmt: Set stop if outside $11.5-$14.5; reduce size due to liquidity. Liquidity warning: Liquidity constraints: long_put: Wide spread (54%).

Risk Alerts

!Extreme IV (91% vs VIX 18) signals event risk; position sizing critical.

How to Use These Reports

This theta reflects the market close on June 17, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.