Chipotle Mexican Grill Unusual Options Activity For June 05
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Chipotle Mexican Grill (NYSE:CMG), with 13 uncommon options trades spotted. The sentiment of these big-money traders is split between 46% bullish and 53% bearish. Whales have been targeting a price range from $1540 to $3100 for CMG over the last 3 months.

June 05, 2023 | 6:16 pm
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Chipotle Mexican Grill (NYSE:CMG) has seen unusual options activity, with 13 uncommon trades and a sentiment split between 46% bullish and 53% bearish. Whales target a price range of $1540 to $3100.
The unusual options activity for Chipotle Mexican Grill indicates that big-money traders are divided in their sentiment, with a slight majority being bearish. This could lead to increased volatility in the short term, but the overall impact on the stock price is uncertain due to the mixed sentiment. The targeted price range of $1540 to $3100 suggests that there is potential for both upward and downward movement, but it is difficult to predict the direction based on the information provided.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100