That's what whales bet on Chipotle Mexican Grill

A whale with plenty of cash to spend has taken a distinctly bearish stance on Chipotle Mexican Grill.

Reviewing the option history for Chipotle Mexican Grill CMG, we detected 10 strange transactions.

If we consider the specifics of each trade, it is correct to say that 30% of investors opened trades with bullish expectations and 70% with bearish expectations.

Of all the trades identified, 4 are puts, for a total amount of $207,434 and 6 are calls, for a total amount of $334,535.
What is the target price?
Given the volume and open interest on these contracts, it appears that the whales have targeted a price range of $1,200 to $2,100 for Chipotle Mexican Grill over the course of for the past 3 months.
Development of volume and open interest
Reviewing volume and open interest is an insightful way to perform due diligence on a stock.

This data can help you track the liquidity and interest of Chipotle Mexican Grill options for a given strike price.

Below we can see the evolution of call and put volume and open interest, respectively, for all of Chipotle Mexican's whale activity Grill within a strike price range of $1,200.0 to $2,100.0 in the last 30 days.
Chipotle Mexican Grill Option Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GCM CALL TRADE BULLISH 01/19/24 $1820.00 $82.6K 12 5 GCM CALL SWEEP BEARISH 01/19/24 $1750.00 $79.8,000 27 4 GCM PUT SWEEP BEARISH 05/19/23 $1525.00 $77.4,000 22 47 GCM CALL TRADE NEUTRAL 01/19/24 $1200.00 $59.4,000 9 1 GCM CALL TRADE NEUTRAL 06/21/24 $1300.00 $55.5,000 1 1
Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GCM CALL TRADE BULLISH 01/19/24 $1820.00 $82.6K 12 5 GCM CALL SWEEP BEARISH 01/19/24 $1750.00 $79.8,000 27 4 GCM PUT SWEEP BEARISH 05/19/23 $1525.00 $77.4,000 22 47 GCM CALL TRADE NEUTRAL 01/19/24 $1200.00 $59.4,000 9 1 GCM CALL TRADE NEUTRAL 06/21/24 $1300.00 $55.5,000 1 1
Where is Chipotle Mexican Grill now? With a volume of 44,337, CMG's price is up 1.0% to $1,712.76. RSI indicators suggest that the underlying stock may be close to overbought. The next results should be published in 12 days. What the Experts Say About the Chipotle Mexican Grill: TD Cowen lowered its stock to Outperform with a price target of $2050 Wedbush has downgraded its share...

Business Apr 13, 2023 0 34 Add to Reading List

That's what whales bet on Chipotle Mexican Grill

A whale with plenty of cash to spend has taken a distinctly bearish stance on Chipotle Mexican Grill.

Reviewing the option history for Chipotle Mexican Grill CMG, we detected 10 strange transactions.

If we consider the specifics of each trade, it is correct to say that 30% of investors opened trades with bullish expectations and 70% with bearish expectations.

Of all the trades identified, 4 are puts, for a total amount of $207,434 and 6 are calls, for a total amount of $334,535.

What is the target price?

Given the volume and open interest on these contracts, it appears that the whales have targeted a price range of $1,200 to $2,100 for Chipotle Mexican Grill over the course of for the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a stock.

This data can help you track the liquidity and interest of Chipotle Mexican Grill options for a given strike price.

Below we can see the evolution of call and put volume and open interest, respectively, for all of Chipotle Mexican's whale activity Grill within a strike price range of $1,200.0 to $2,100.0 in the last 30 days.

Chipotle Mexican Grill Option Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GCM CALL TRADE BULLISH 01/19/24 $1820.00 $82.6K 12 5 GCM CALL SWEEP BEARISH 01/19/24 $1750.00 $79.8,000 27 4 GCM PUT SWEEP BEARISH 05/19/23 $1525.00 $77.4,000 22 47 GCM CALL TRADE NEUTRAL 01/19/24 $1200.00 $59.4,000 9 1 GCM CALL TRADE NEUTRAL 06/21/24 $1300.00 $55.5,000 1 1

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GCM CALL TRADE BULLISH 01/19/24 $1820.00 $82.6K 12 5 GCM CALL SWEEP BEARISH 01/19/24 $1750.00 $79.8,000 27 4 GCM PUT SWEEP BEARISH 05/19/23 $1525.00 $77.4,000 22 47 GCM CALL TRADE NEUTRAL 01/19/24 $1200.00 $59.4,000 9 1 GCM CALL TRADE NEUTRAL 06/21/24 $1300.00 $55.5,000 1 1 Where is Chipotle Mexican Grill now? With a volume of 44,337, CMG's price is up 1.0% to $1,712.76. RSI indicators suggest that the underlying stock may be close to overbought. The next results should be published in 12 days. What the Experts Say About the Chipotle Mexican Grill: TD Cowen lowered its stock to Outperform with a price target of $2050 Wedbush has downgraded its share...