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Options Corner: Chipotle Options Market Sees Bearish Move by Financial Giants

Benzinga ·  Apr 15 12:51

Financial giants have made a conspicuous bearish move on$Chipotle Mexican Grill (CMG.US)$. Our analysis of options history for Chipotle Mexican Grill (NYSE:CMG) revealed 27 unusual trades.

Delving into the details, we found 29% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $366,297, and 16 were calls, valued at $586,515.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2670.0 to $3500.0 for Chipotle Mexican Grill over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open...

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