Bullish option flow detected in Chegg with 3,355 calls trading, 1.5x expected, and implied vol increasing over 1 point to 49.34%. Oct-23 12.5 calls and Jan-24 12.5 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.02. Earnings are expected on October 30th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CHGG: