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A Closer Look at Chipotle Mexican Grill's Options Market Dynamics

Benzinga ·  May 3 22:46

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 16 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 37% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $281,710 and 11, calls, for a total amount of $2,334,117.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2330.0 to...

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