tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Option traders moderately bearish in Chipotle with shares down 0.19%

Option traders moderately bearish in Chipotle (CMG), with shares down 6c near $33.87. Options volume roughly in line with average with 49k contracts traded and puts leading calls for a put/call ratio of 1.79, compared to a typical level near 0.8. Implied volatility (IV30) dropped 0.27 near 31.7,and below the 52wk median, suggesting an expected daily move of $0.68. Put-call skew steepened, indicating increased demand for downside protection.

TipRanks Cyber Monday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1