Chipotle Mexican Grill Unusual Options Activity For October 20
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Chipotle Mexican Grill (NYSE:CMG), with 17 uncommon trades spotted. The sentiment among these big-money traders is split between 52% bullish and 47% bearish. The trades include 12 puts amounting to $516,288 and 5 calls amounting to $204,000. The targeted price range for CMG over the last 3 months is from $1380.0 to $2200.0. Analysts from Oppenheimer, Wedbush, Stephens & Co., Deutsche Bank, and Raymond James have given their ratings and price targets for CMG.
October 20, 2023 | 5:30 pm
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Unusual options activity has been observed for Chipotle Mexican Grill. The sentiment among big-money traders is split between 52% bullish and 47% bearish. Analysts have given their ratings and price targets for CMG.
The unusual options activity indicates that there is significant interest in CMG's stock, which could lead to increased volatility. The mixed sentiment among big-money traders suggests uncertainty about the stock's direction. The ratings and price targets given by analysts could influence investor sentiment and impact the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100