Chegg (CHGG) option implied volatility flat into EPS on more calls than puts

April 29, 2019 11:37 AM

Chegg (NYSE: CHGG) May weekly call option implied volatility is at 64, May is at 45; compared to its 52-week range of 32 to 91 into the expected release of release of EPS today after the bell. Call put ratio 3.8 calls to 1 puts.