Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.835

-1.1%

Nov 7 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Lahcim Leinad	4/30/2012 12:11:05 PM
	Read Replies (1) of 34857

Nokia's Long-Term Opportunity (Maybe) - Seeking Alpha The Option Play The company offers an incredible long-term play out there right now if one believes the company can make the turnaround. This would be a leap option play. Buy the January 2012 call with a '4' strike (priced at $0.90)Sell the January 2012 call with a '5' strike (priced at $0.63)Net debit to start: $0.27Maximum Profit: $0.77 Reasoning behind the Trade The stock will continue down another two quarters, we have no doubt. But if as an investor, you believe that the combination of Nokia and Microsoft Windows 8 phone platform will work, there is a good possibility the stock could grow and move up past the '5' option within that time period. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next