Mixed options sentiment in Chipotle (CMG), with shares down 26c near $44.12. Options volume relatively light with 53k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.45. Implied volatility (IV30) dropped 6.66 near 20.87,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.58. Put-call skew flattened, suggesting a modestly bullish tone.
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