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Spotlight on Chipotle Mexican Grill: Analyzing the Surge in Options Activity

Benzinga ·  Jan 4 01:15

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 15 trades.

If we consider the specifics of each trade, it is accurate to state that 20% of the investors opened trades with bullish expectations and 73% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $614,671 and 4, calls, for a total amount of $161,558.

What's The Price Target?

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

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