Option Update: Motorola volatility elevated into process to separate businesses


Motorola (NYSE: MOT) announced it has commenced a process to create two independent, publicly-traded companies, Mobile Devices and Broadband & Mobility Solutions.

MOT is recently trading at $10.33 in pre-open trading, above its close of $9.76.

MOT overall option implied volatility of 50 is above its 26-week average of 38 according to Track Data, suggesting larger movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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Last updated: May 23, 2012: 03:46 AM

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