Hamzei_Analytics · @HFT_StockOption
18th Apr 2013 from TwitLonger
April 18, 2013
Chipotle Mexican Grill (CMG)
Bias: Bullish
Price Target: $360
We are bullish on CMG and we want to purchase a call spread to take advantage of the possible move higher
SELL To OPEN 10 CMG Apr-20 355 Calls trading at $3.70
BUY To OPEN 10 CMG Apr-26 360 Calls trading at $3.35
BUY To OPEN 2 CMG Apr-20 370 Calls trading at $1.15
CMG is now trading at $331.50
This spread is now trading at $0.80
The total Credit for this trade is $1.60
Do NOT pay over $0.20 for this trade. Try to go for a credit.
Day Order Only