Chipotle Mexican Grill, Inc.
Short
Aggiornato

CMG topping pattern and MACD

80
CMG daily has a topping pattern and big downside divergence on MACD. Trying ^45 puts expiring next week.
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As Dan pointed out thats the 645 puts expiring May 17 bought 10 @ 1.05
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rolling down nicely my puts have moved up modestly
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today
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probably going to close the 645 puts out that expire May 17, this was was way out of the money and CMG hasn't moved down as fast as I need. The 705 puts that expire May 10 I could have bought on May 7 at $3.45, are now trading at $7.72.
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cashed out this morning at $1.35 about 25% gain not too bad
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good thing cashed out for modest gain this thing bounced right back up

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