Chegg (CHGG) April puts active on wide price movment

March 22, 2019 10:13 AM

Chegg (NYSE: CHGG) April call option implied volatility is at 42, May is at 49; compared to its 52-week range of 32 to 91. Call put ratio 1 call to 25 puts with focus on April 35 and 40 puts as shares sell off 1% after Citron comments.