Philip Morris (NYSE: PM) closed at $50.60 Tuesday.
- Altria Group (NYSE: MO) completed its spin-off of PM on March 31.
- PM over all option implied volatility is at 23 according to Track Data.
Volatility Index S&P 500 Options-VIX at 22.36; 10-day moving average is 23.98
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










