Depomed (DEPO) volatility flat into reports has rejected potential suitors twice

September 16, 2016 9:15 AM EDT

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Depomed (NASDAQ: DEPO) 30 day option implied volatility of 79 compares to its 52-week range of 49 to 109 into reports that the company has rejected potential suitors twice but is now preparing to sell itself following pressure from activist investor Jeff Smith of Starboard Value.

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