Mixed options sentiment in Chipotle (CMG), with shares up 8c, or 0.25%, near $33.81. Options volume relatively light with 52k contracts traded and puts leading calls for a put/call ratio of 2.26, compared to a typical level near 0.91. Implied volatility (IV30) dropped 0.89 near 38.33,and above the 52wk median, suggesting an expected daily move of $0.82. Put-call skew steepened, indicating increased demand for downside protection.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMG:
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Chipotle Mexican Grill (CMG) Announces New $1.8 Billion Stock Buyback
- Chipotle Expands Share Repurchase Program by $1.8 Billion
- Twilio, Rocket Lab, ServiceNow, Enphase, Chipotle Stock Shake-Up!
- Raymond James says checks point to Chipotle menu price uptick