Tobira Therapeutics, Inc. (TBRA) volatility low into Allergan plc (AGN) acquiring

Tobira Therapeutics, Inc. (NASDAQ: TBRA) October call option implied volatility is at 55, November is at 100; compared to its 52-week range of 83 to 247 into Allergan plc (NYSE: AGN) acquiring for an upfront payment of $28.35 per share, in cash, and up to $49.84 per share in Contingent Value Rights (CVRs).

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