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Decoding Chipotle Mexican Grill's Options Activity: What's the Big Picture?

Benzinga ·  Jun 17 22:01

Financial giants have made a conspicuous bullish move on Chipotle Mexican Grill. Our analysis of options history for Chipotle Mexican Grill (NYSE:CMG) revealed 49 unusual trades.

Delving into the details, we found 46% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $157,680, and 46 were calls, valued at $4,654,783.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $1300.0 and $4000.0 for Chipotle Mexican Grill, spanning the last three months.

Insights into Volume & Open Interest

Examining...

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