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Market Whales and Their Recent Bets on CMG Options

Benzinga ·  May 21 15:01

Financial giants have made a conspicuous bearish move on Chipotle Mexican Grill. Our analysis of options history for Chipotle Mexican Grill (NYSE:CMG) revealed 16 unusual trades.

Delving into the details, we found 31% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $434,266, and 9 were calls, valued at $513,108.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $1700.0 to $4300.0 for Chipotle Mexican Grill over the last 3 months.

Analyzing Volume & Open Interest

In today's trading...

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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