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.
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