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Looking At Chipotle Mexican Grill's Recent Unusual Options Activity

Benzinga ·  May 17 12:31

Whales with a lot of money to spend have taken a noticeably bearish stance onChipotle Mexican Grill.

Looking at options history for Chipotle Mexican Grill (NYSE:CMG) we detected 22 trades.

If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $427,452 and 11, calls, for a total amount of $523,279.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2300.0 to $3450.0 for Chipotle...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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