Aug. 24 at 11:16 AM
$CHGG looking interesting with a massive 3,999 contract sweep of April 2026
$2 calls
That's some serious bullish conviction putting down
$115,972 at the ask
This kind of move can push implied volatility up and maybe even boost the spot price
Weekly options volume for
$CHGG exploded, up 494.8 times
All thanks to 4,499 far OTM long-dated call sweeps totaling
$128,472 in premium
Definitely shows concentrated bullish demand here
Keep an eye on this one
Could see premiums and stock momentum get a lift if this trend continues