Just curious. I bought a bunch of $250 Oct 20 puts for super cheap right after Mr. iHorn opened his mouth. But now i think it doesn't have much room to drop.
What say you?
Chipotle is in a major downtrend and then will consolidate for the next 3-4 months atleast.
Mr. iHorn created a tsunami of selloff, which now has become a pure technical downward trend. CMG is in a early stage of selloff snowball effect. Once big institutions starts to unwind their positions, oh boy, nobody will be able to stop it.
250 will never happen if company is taken private more like 400-500 buyout price
P&F chart syas 252-probably bout where she'll settle out..........
More like $200
Roll you puts over to December or January. Then you will really be in the money.
Sentiment: Strong Sell
Says I: "After earnings? Talk 'bout next week buddy"!
You're right. I would consider buying this at less than $180.
There are better stocks out there.
Well thinking, mate!! So I take it as easy sailing to $200. Tables are turnin', Mr Turner!!
Pig still got plent of meat, huh. Opposite I like porky porky 2000 cal burrito.
if earnings bite, this will be closer to 200 than 250
If earnings isn't meet expectation or outlook is bad, cmg would be down under $200 for sure.