Chipotle Mexican Grill Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Chipotle Mexican Grill (CMG) shows a bearish sentiment among investors, with 73% of trades being bearish. The trading activity suggests a price range of $1850 to $3500 for CMG in the next three months. Analysts have given CMG varying ratings, with an average price target of $2749.8. The stock's current price is $2638.35, indicating potential for growth according to analysts' targets.
February 12, 2024 | 4:45 pm
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POSITIVE IMPACT
Bearish options trading activity observed, with a price range prediction of $1850 to $3500. Analysts maintain positive outlooks with an average price target of $2749.8, against a current price of $2638.35.
The bearish sentiment in options trading is contrasted by the positive outlook from analysts, suggesting a potential short-term price increase. The current price is below the average target, indicating room for growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100