NOK +123% YTD, but still cheap? $10M+ LEAPS calls say yes. What's next?

u/Life_Dot_7072 · Reddit — r/smallstreetbets · May 15, 2026 at 09:28 · ⬆ 15 pts · 💬 3 comments  | View on Reddit ↗
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Author argues NOK is undervalued at 43x P/E vs peers at 60-295x, citing NVIDIA's 3% stake, AI-RAN expansion to 10 operators, and heavy LEAPS call buying as catalysts for a rerating above $15.

NOK — LONG Author argues NOK is the cheapest optics stock with the widest moat, trading at 43x P/E vs peers at 60-295x, with a 2028 EPS target of ~$0.50 implying $25 at 50x. NVIDIA owns 3% bought at $6.01, and AI-RAN has expanded from 1 to 10 operators. Heavy LEAPS call buying with largest OI at June $15C and ladder building to $23C suggests institutional positioning for a breakout above $15.

Cheapest optics stock with the widest moat. Break $15 → rerating accelerates.

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u/Life_Dot_7072 Reddit r/smallstreetbets
NOK undervalued optics play, LEAPS flow signals rerating
Author argues NOK is the cheapest optics stock with the widest moat, trading at 43x P/E vs peers at 60-295x, with a 2028 EPS target of ~$0.50 implying $25 at 50x. NVIDIA owns 3% bought at $6.01, and AI-RAN has expanded from 1 to 10 operators. Heavy LEAPS call buying with largest OI at June $15C and ladder building to $23C suggests institutional positioning for a breakout above $15.
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This Reddit post, published May 15, 2026, features u/Life_Dot_7072 discussing NOK. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Life_Dot_7072  · Tickers: NOK