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Looking At Chipotle Mexican Grill's Recent Unusual Options Activity

Benzinga ·  15:47

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 42 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 45% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $1,374,585 and 32, calls, for a total amount of $2,092,663.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from...

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