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Jul 23, 2022 11:31 AM

Chipotle Mexican Grill CMG options ahead of earnings Short

Chipotle Mexican Grill, Inc.NYSE

Description

Looking at the Chipotle Mexican Grill CMG options chain today, i would buy the $1200 puts with
2022-9-16 expiration date for about
$36.42 premium.

Looking forward to read your opinion about it.
Comments
getrich1988
i started shorting this stock. Now i believe it is time to enter a short position.
JRSone
Hard to make a determination on CMG, they appear to be potentially under-valued in the long-term, but this week could obviously roll downhill fast. I don't know if I'm willing to short CMG, but loading up on some volatility plays may be prudent. Your chart looks fantastic visually, with tons of useful information on it. Thank you for sharing!
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