CMG250321C00037600 Option on Chipotle Mexican Grill

CMG Stock  USD 53.30  3.78  6.62%   
CMG250321C00037600 is a PUT option contract on Chipotle Mexican's common stock with a strick price of 37.6 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 30 days remaining before the expiration. The option is currently trading at a bid price of $16.85, and an ask price of $17.3. The implied volatility as of the 19th of February is 30.0.
  
When exercised, put options on Chipotle Mexican produce a short position in Chipotle Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Chipotle Mexican's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Chipotle Mexican Grill will have an average daily up or down price movement of about 0.0376% per day over the life of the option. With Chipotle Mexican trading at USD 53.3, that is roughly USD 0.02. If you think that the market is fully understating Chipotle Mexican's daily price movement you should consider buying Chipotle Mexican Grill options at that current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Chipotle Mexican

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Chipotle Mexican positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Chipotle Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameCMG250321C00037600
Expires On2025-03-21
Days Before Expriration30
Delta0.987042
Vega0.005303
Gamma0.003497
Theoretical Value17.07
Open Interest3
Strike Price37.6
Last Traded At19.65
Current Price Spread16.85 | 17.3
Rule 16 Daily Up or DownUSD 0.02

Chipotle short PUT Option Greeks

Chipotle Mexican's Option Greeks for the contract ending on 2025-03-21 at a strike price of 37.6 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Chipotle Mexican's option greeks, its implied volatility helps estimate the risk of Chipotle Mexican stock implied by the prices of the options on Chipotle Mexican's stock.
Delta0.987042
Gamma0.003497
Theta-0.009533
Vega0.005303
Rho0.031177

Chipotle long PUT Option Payoff at expiration

Put options written on Chipotle Mexican grant holders of the option the right to sell a specified amount of Chipotle Mexican at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Chipotle Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Chipotle Mexican is like buying insurance aginst Chipotle Mexican's downside shift.
   Profit   
Strike Price 37.6Current Price 53.3Break Even 54.67100%
       Chipotle Mexican Price At Expiration  

Chipotle short PUT Option Payoff at expiration

By selling Chipotle Mexican's put option, the investors signal their bearish sentiment. A short position in a put option written on Chipotle Mexican will generally make money when the underlying price is above the strike price. Therefore Chipotle Mexican's put payoff at expiration depends on where the Chipotle Stock price is relative to the put option strike price. The breakeven price of 54.67 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Chipotle Mexican's price. Finally, at the strike price of 37.6, the payoff chart is constant and positive.
   Profit   
Strike Price 37.6Current Price 53.3Break Even 54.67100%
       Chipotle Mexican Price At Expiration  
View All Chipotle Mexican Options

Chipotle Mexican Grill Available Call Options

Chipotle Mexican's option chain is a display of a range of information that helps investors for ways to trade options on Chipotle. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Chipotle. It also shows strike prices and maturity days for a Chipotle Mexican against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
CMG250404C00050000150.04.95 - 6.15.45In
Call
CMG250404C000530002053.03.15 - 3.33.76In
Call
CMG250404C00054000154.02.53 - 2.792.9In
Call
CMG250404C000550001555.02.05 - 2.152.1Out
Call
CMG250404C00057000257.01.24 - 1.381.33Out
Call
CMG250404C00058000758.00.95 - 1.070.98Out
Call
CMG250404C0005900010159.00.71 - 0.820.73Out
Call
CMG250404C00060000260.00.53 - 0.610.61Out
Call
CMG250404C00061000561.00.39 - 0.50.58Out
Call
CMG250404C00062000362.00.29 - 0.380.3Out
Call
CMG250404C00063000463.00.0 - 0.80.31Out
Call
CMG250404C00064000064.00.16 - 0.250.16Out
Call
CMG250404C00065000665.00.12 - 0.210.2Out
Call
CMG250404C00066000066.00.09 - 0.980.02Out
Call
CMG250404C00067000067.00.03 - 0.180.03Out
Call
CMG250404C00068000068.00.02 - 0.450.02Out
Call
CMG250404C00069000069.00.02 - 0.760.02Out
Call
CMG250404C00070000070.00.01 - 1.360.01Out
Call
CMG250404C00075000075.00.0 - 1.341.34Out
Call
CMG250404C00080000080.00.0 - 0.60.6Out
Call
CMG250404C00085000085.00.0 - 0.780.78Out

Chipotle Mexican Corporate Directors

Ali NamvarIndependent DirectorProfile
Neil FlanzraichLead Independent DirectorProfile
Robin HickenlooperIndependent DirectorProfile
Scott MawLead Independent DirectorProfile
When determining whether Chipotle Mexican Grill is a strong investment it is important to analyze Chipotle Mexican's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chipotle Mexican's future performance. For an informed investment choice regarding Chipotle Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chipotle Mexican Grill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chipotle Mexican. If investors know Chipotle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chipotle Mexican listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.166
Earnings Share
1.11
Revenue Per Share
8.268
Quarterly Revenue Growth
0.131
Return On Assets
0.1416
The market value of Chipotle Mexican Grill is measured differently than its book value, which is the value of Chipotle that is recorded on the company's balance sheet. Investors also form their own opinion of Chipotle Mexican's value that differs from its market value or its book value, called intrinsic value, which is Chipotle Mexican's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chipotle Mexican's market value can be influenced by many factors that don't directly affect Chipotle Mexican's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chipotle Mexican's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chipotle Mexican is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chipotle Mexican's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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