A significant bearish stance has been observed in Chipotle Mexican Grill's (NYSE:CMG) options activity. Of the 29 unusual trades detected, 55% were bearish and 44% bullish. The total amount for puts was $682,411 and for calls was $620,708. Whales have been targeting a price range from $1650.0 to $2250.0 for Chipotle over the last 3 months. The company's stock price is currently down by 0.07% at $1830.59. Several experts have downgraded their ratings on Chipotle, with price targets ranging from $2200 to $2280.