Aug. 9 at 11:11 AM
$CHGG took a beating this week, down nearly 6%
but it's bouncing back over 4% today
No real catalyst here, just some tactical plays with those
$1 call sweeps
Options volume popped 90x
but it's mostly just two call sweeps under
$50K
Not exactly a big institutional move
Saw a 1,704-contract Aug 21
$1 call sweep hit the ask at
$0.20 on InsiderFinance
IV is high, so this could boost if buyers hold the line
but watch out, it will bleed fast if today's bounce doesn’t stick
Keep any longs tight and tactical
This could be just a short term pop
