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Trade Ideas

UOA PRO New Trade Idea NOK 7-29

10,000 20November 11 calls bought in one order for 0.68 above open interest of 3,623 contracts. Stock 8.60.

By Wayne Razzi | Market Rebellion · July 29, 2026

New Trade Idea

Ticker: NOK
Stock: 8.56
Trigger: 9.31
Targets/Resistance: 9.71, 10.07, 10.47, 10.92, 11.63
Expiration Date: 18SEP
 
UOA:

07/29/2026 9:57:42 AM NOK Bullish Call Buying 8.56 10,000 20November 11 calls bought in one order for 0.68 above open interest of 3,623 contracts. Stock 8.60. Computers and Technology

07/29/2026 9:47:12 AM NOK Bullish Call Buying 8.72 10,000 20November 10 calls bought in one order for 0.95 to 0.97 above open interest of 1,774 contracts. Adds to trade on Log earlier this session. Stock 8.71-8.73. Computers and Technology

07/29/2026 9:35:22 AM NOK Bullish Call Buying 8.82 10,000 20November 10 calls bought in one order for 0.99-1.00 above open interest of 1,774 contracts. Stock 8.82-8.84. Computers and Technology


NOK $8.61 Last.

3 large call side hits in short order set out in Nov. OTMs. Appearing after a “halving” effectively and with stock below the 200 SMA. Player may think that we’re seeing a flushout of longs here / rush of new shorts in so preparing for a rebound despite the charts being pretty darn bad overall.

Trigger: $9.13, 200 SMA, need to retake this to at least hint at selling having exhausted.

Strategy 1: Consider the NOK 18Sept. 8.00 calls for $1.60 projected at trigger level. 2nd Month Out ITM Starter Kit.

Targets: 9.71 (10 SMA currently), 10.07 (150 SMA currently), 10.47 (15 SMA currently), 10.92 (20 SMA currently), 11.63 (100 SMA currently)