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UnknownUnicorn1020621
Jan 13, 2019 8:44 PM

CMG: Observation Pt.1 

Chipotle Mexican Grill, Inc.NYSE

Description

Looking for the trend to break down.

Trade active

SOLD 2 Jan 25 Calls Strike 502.5 for 12.10 credit.
Comments
thelion01
Good to start short position? looks like it is breaking down a bit though if we can close around 500 below would be idea.
UnknownUnicorn1020621
@thelion01, Its upto you. I am already in so many trades.
thelion01
@Avasreader, thanks! Following you for awhile you have been had very good calls. Sideways movement of the market seems to be anticipating earnings result this month.
UnknownUnicorn1020621
@thelion01, Ya only my EA is making money today be honest... I didn't book my spy loto because I was getting my coffee...
thelion01
@Avasreader, I still believe in your Nflx trade...just need to give time to develop. there is no way this is going straight up with no consolidation.
UnknownUnicorn1020621
@thelion01, I believe in my NFLX trade as well... but the thing is PREMIUM. They were too high. My 15.0 puts down to 4.5 1K loss for no reason hahaha.
thelion01
@Avasreader, yes it is tricky for option, esp Nflx earning this week Thursday, prem are high all the option from now on.
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