Chegg call volume above normal and directionally bullish

Bullish option flow detected in Chegg with 12,192 calls trading, 7x expected, and implied vol increasing over 1 point to 50.42%. Aug-23 11 calls and Aug-23 10 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.07. Earnings are expected on October 30th.