Depomed (DEPO) options active on sharp rally

November 4, 2016 3:16 PM EDT

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Depomed (NASDAQ: DEPO) November 24 and 27 calls are active on total call volume of 2K contracts (2K puts) on sharp rally. November call option implied volatility is at 98, December is at 67; compared to its 52-week range of 51 to 93,

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