Some of the recent decisions taken by Nokia Corporation (ADR) (NYSE:NOK) leave a lot of questions unanswered. Market watchers were hoping that the company could throw some light on the issues, but the company has chosen otherwise. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.83 in last session, and closed at $7.81, while the day range of NOK stock is $7.79-$7.92. The stock showed a positive weekly performance of 1.43%.
Despite logging a near-14-year closing high of $77.07 on Monday, QUALCOMM, Inc. (NASDAQ:QCOM) — which named Derek Aberle its new president — was targeted by put traders. Specifically, speculators purchased long-term puts on the stock to either gamble on a significant pullback, or to “insure” their QCOM shares in the event of a decline. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $77.09, in last session and closed at $76.71, by loosed -0.47%. The 52 week range was $59.02-$77.20. Company’s market capitalization is $129.72 billion.
Alcatel Lucent SA (ADR) (NYSE:ALU) has rallied roughly 176% on a year-over-year basis and closed at $4.08 yesterday, yet the Paris-based tech name has yet to entice bulls into its options pits. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock has racked up a 50-day put/call volume ratio of 0.16. Though low on an absolute basis — perhaps due to Alcatel Lucent’s modest per-share price, which limits the profit potential on bearish bets — the ratio ranks higher than 69% of similar readings from the last year. Short-term ALU options can be had at a relative bargain, as well, as the equity’s Schaeffer’s Volatility Index (SVI) of 47% is just 2 percentage points from a 12-month nadir. Alcatel Lucent SA (ADR) (NYSE:ALU) stock loosed -1.21% and finished the last session at $4.08. The EPS of the stock remained -1.62. Company’s market capitalization is $9.79 billion.
RiT Technologies Ltd. (NASDAQ:RITT) the leader in intelligent infrastructure management, announced that The Weizmann Institute of Science in Israel has deployed RiT’s PatchView+™ IIM (Intelligent Infrastructure Management) solution as part of its network upgrade program to manage its physical infrastructure, enhance network security, streamline maintenance and improve network utilization. RiT Technologies Ltd. (NASDAQ:RITT) stock opened the session at $1.72, and closed the session at $1.81. The 52 week range of the RITT stock remained $1.55-$4.88 and the day range was $1.72-$1.93.