Chegg (CHGG) Options Chain

NYSE: CHGGReal EstateOther Consumer ServicesUSD

0.7362+0.0008 (+0.11%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $0.7362
Put/call ratio (OI): 0.02
Put/call ratio (volume): 1.29
ATM implied volatility: 127.7%
Expected move: ±$1.06
Open interest (C / P): 22.03K / 336

CHGG options summary

The CHGG options chain for the January 21, 2028 expiration lists 7 call and 7 put contracts, with 468 days until expiration. Open interest stands at 22,034 calls and 336 puts, a put/call ratio of 0.02, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $0.50 strike is 127.7%, which implies the market expects a move of about ±$1.06 (144.6%) in Chegg stock by expiration.

The most open interest sits at the $0.50 call (13.59K contracts) and the $0.50 put (195 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CHGG options chain · January 21, 2028

CHGG calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
13,587	10	137.5%	0.49	0.40	0.55	0.50	0.15	0.25	0.25	118.0%	12	195
CHGG $0.7362
860	1	132.0%	0.39	0.30	0.40	1.00	0.40	0.65	0.53	102.7%	1	104
3,682	10	122.3%	0.25	0.10	0.40	1.50	0.80	1.10	0.95	103.1%	6	10
2,899	20	121.5%	0.23	0.05	0.35	2.00	0.00	5.00	1.36	—	50	26
425	1	131.6%	0.15	0.05	0.35	2.50	0.15	2.50	1.58	—	1	1
507	10	132.0%	0.25	0.10	0.25	3.00	0.00	0.00	2.26	—	1	0
74	4	138.3%	0.15	0.05	0.30	3.50	0.00	0.00	2.41	—	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CHGG put/call ratio?

For the January 21, 2028 expiration, the CHGG put/call ratio based on open interest is 0.02 (336 puts vs 22,034 calls), and 1.29 based on today's volume. A ratio above 1 means more puts than calls.

What is CHGG's implied volatility?

At-the-money implied volatility for CHGG options expiring January 21, 2028 is about 127.7%, an annualized estimate of how much the market expects Chegg stock to move.

How many CHGG option expiration dates are there?

CHGG has 6 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.