Looking At Chipotle Mexican Grill's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for Chipotle Mexican Grill (NYSE:CMG) shows a mixed sentiment among investors, with a slight bearish tilt. Significant trades include both calls and puts, with a predicted price range of $2300 to $3450. Analysts maintain mostly positive ratings with high target prices.
May 17, 2024 | 4:31 pm
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Recent options activity for Chipotle Mexican Grill (NYSE:CMG) shows a mixed sentiment among investors, with a slight bearish tilt. Significant trades include both calls and puts, with a predicted price range of $2300 to $3450. Analysts maintain mostly positive ratings with high target prices.
The options activity indicates a mixed sentiment with a slight bearish tilt, as 40% of trades are bearish compared to 31% bullish. However, analysts maintain mostly positive ratings with high target prices, which could counterbalance the bearish sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100