New Trade $CMG – Burrito Bonanza

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Chipotle has been a major momentum leader for much of the past year.  The stock has more than doubled since its October 2012 low of $233.82.  That's AFTER famous hedge fund manager David Einhorn said … [Read more...]

$CMG Q1 Earnings Preview

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Event: CMG reports its fiscal Q1 earnings after the close today.  The options are pricing in about a 7.5% move based on the weekly straddle, relative to the 10.75% four quarter average and 7.5% eight … [Read more...]

$CMG – Q4 Earnings Preview

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Event: CMG reports full Q4 earnings after the close tonight.  The options market is implying about a 6.5%* move vs the 4 qtr avg of about 10%.  The implied move appears light to historical moves as … [Read more...]