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Smart Money Is Betting Big In CMG Options

Benzinga ·  Sep 12 02:32

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 19 trades.

If we consider the specifics of each trade, it is accurate to state that 21% of the investors opened trades with bullish expectations and 57% with bearish.

From the overall spotted trades, 16 are puts, for a total amount of $524,983 and 3, calls, for a total amount of $113,370.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band...

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