Bullish option flow detected in Chegg with 3,851 calls trading, 3x expected, and implied vol increasing over 4 points to 51.69%. Mar-23 17.5 calls and Mar-23 15 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 1st.
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