2waytrading

Will WS Reward or Punish $CMG?

NYSE:CMG   CHIPOTLE MEXICAN GRILL INC
95 1 1
Its very common for growth stocks get either big smile or face brutal punishment. No mercy at all. For speculators, only u need to have a solid plan in place not in 2 days or one day or even the same day to trade this type of stock ..Once IV collapses good to take a trade, or plan well ahead before it spikes not when its very expensive specially straddle/strangles traders. Now, P/C = 1.07 very tight but more important the sizzle index stands 2.7 what this tells u? No position, but will have one soon!
Target hit. Now looks like resistance and hard to break that 700 area
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