simplenothing
Long

CMG - Finally some strength?

NYSE:CMG   CHIPOTLE MEXICAN GRILL INC
cmg
38 0 6
cmg
Looks to me like CMG             is finally coming off a long base. Sold 397.5 puts expiring Dec             9th for 5.50 credit.
Comment: Nice positive article from Barron's after close today. Hopefully it translates to gap higher Monday.
Comment: http://www.barrons.com/articles/the-buzz-about-chipotle-has-become-surprisingly-good-1480716495?mod=yahoobarrons&ru=yahoo
Comment: No love for CMG still, I guess. Looks like I might own this barring a miracle. Still hoping for strengthening over coming months, so unless it plummets further, will keep and use for covered calls.
Trade closed: stop reached: Changed my mind and took the loss.
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