L-1 Identity (ID) volatility elevated at 34 on wide share price movement

L-1 Identity Solutions (NYSE: ID) announced on September 20, 2010 that it entered into an agreement to be acquired by Safran in a merger transaction providing for stockholders to receive $12.00 per share in cash. A U.S. review of cross-border deals has delayed the deal twice for national security reasons. Overall option implied volatility of 34 is below a level of 62 on May 13 and above its six-month average of 22 according to Track Data.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Carnival Corp. (CCL) call put ratio 3.9 calls to 1 put with a focus on 1600 contracts of October 2 weekly 24 calls into quarter results
• Home Depot (HD) call put ratio 1 call 1 put as share price near low end of range
• Twilio (TWLO) call put ratio 1 call to 3.7 puts with a focus on October 290 and 295 puts as share price down 6.3%