Abbott (ABT) volatility flat at 22 into split into two companies

Abbott (NYSE: ABT) is recently up $2.47 to $54.91 in on announced plans to separate into two publicly traded companies, one in diversified medical products and the other in research-based pharmaceuticals. Overall option implied volatility of 22 is near its six-month average of 20 according to Track Data, suggesting non-directional price movement.

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