Home Options CMGChain

CMG

Chipotle Mexican Grill, Inc.Close $32.96EOD only

Max Pain

$33.00

Next expiry May 22, 2026

Expected Move

±$0.89

2.7% from close

Price Gap

+0.04

Distance to max pain

IV Rank

Low premium

P/C OI

1.01

Balanced positioning

Consensus

6.0/10

Bearish tilt

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects CMG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 20, 2026 close

CMG Options Chain

Data as of market close May 20, 2026

Expiration

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row

Next expiry (DTE 2)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
20.00	13.35	12.35	13.70	0.00	2	1	284.4%	0.993	0.0027	-0.034	0.000	0.001
21.00	12.10	10.75	12.80	0.00	2	3	473.0%	0.928	0.0119	-0.397	0.003	0.001
24.00	9.36	7.80	9.75	0.00	1	3	358.6%	0.908	0.0189	-0.363	0.004	0.001
25.00	8.51	6.80	8.60	0.00	5	5	302.1%	0.911	0.0218	-0.299	0.004	0.001
25.50	8.17	6.30	8.10	0.00	1	2	286.7%	0.906	0.0240	-0.296	0.004	0.001
26.00	7.76	5.80	7.60	0.00	1	5	271.5%	0.900	0.0265	-0.293	0.004	0.001
26.50	7.16	5.30	7.05	0.00	1	7	249.0%	0.899	0.0291	-0.271	0.004	0.001
27.00	6.44	5.65	6.55	0.00	2	6	153.1%	0.966	0.0204	-0.074	0.002	0.001
27.50	5.52	5.20	6.00	0.00	1	6	142.2%	0.962	0.0238	-0.075	0.002	0.001
28.00	5.53	4.80	5.50	0.00	1	6	141.8%	0.946	0.0316	-0.098	0.003	0.001
28.50	4.03	3.75	5.15	0.00	8	6	203.1%	0.852	0.0467	-0.289	0.006	0.001
29.00	4.44	3.50	4.60	0.00	1	5	97.7%	0.965	0.0325	-0.049	0.002	0.002
29.50	3.19	2.91	4.05	0.00	10	6	64.1%	0.991	0.0155	-0.013	0.001	0.002
30.00	3.14	2.91	3.30	0.02	12	51	87.7%	0.931	0.0618	-0.074	0.003	0.002
30.50	3.00	1.79	2.98	0.00	2	39	124.2%	0.814	0.0884	-0.206	0.007	0.001
31.00	2.06	1.82	2.30	-0.84	7	209	57.8%	0.928	0.0975	-0.052	0.003	0.002
31.50	1.67	1.40	2.07	-0.36	14	18	68.8%	0.821	0.1557	-0.113	0.006	0.001
32.00	1.19	1.05	1.29	0.12	21	342	60.4%	0.755	0.2136	-0.119	0.008	0.001
32.50	0.81	0.68	0.78	-0.12	24	352	43.8%	0.676	0.3366	-0.098	0.009	0.001
33.00	0.45	0.36	0.48	-0.21	176	1,288	41.9%	0.494	0.3902	-0.104	0.010	0.001
33.50	0.24	0.20	0.26	-0.24	1,020	1,459	40.2%	0.301	0.3545	-0.087	0.008	0.001
34.00	0.14	0.10	0.15	-0.12	642	2,146	42.2%	0.166	0.2418	-0.065	0.006	0.000
34.50	0.06	0.05	0.07	-0.10	728	3,261	41.8%	0.073	0.1362	-0.036	0.003	0.000
35.00	0.03	0.02	0.03	-0.06	117	3,716	41.4%	0.026	0.0606	-0.016	0.001	0.000
35.50	0.01	0.01	0.03	-0.03	1	737	49.2%	0.022	0.0438	-0.016	0.001	0.000
36.00	0.01	0.01	0.02	-0.02	11	814	50.0%	0.009	0.0202	-0.008	0.001	0.000
36.50	0.20	0.00	0.11	0.00	2	43	71.1%	0.028	0.0373	-0.028	0.002	0.000
37.00	0.03	0.00	0.01	0.02	22	180	53.1%	0.002	0.0044	-0.002	0.000	0.000
37.50	0.01	0.00	0.09	0.00	7	9	82.4%	0.019	0.0228	-0.023	0.001	0.000
38.00	0.01	0.00	0.01	0.00	1	188	65.6%	0.002	0.0037	-0.002	0.000	0.000
38.50	0.11	0.00	0.25	0.00	0	2	118.0%	0.042	0.0309	-0.064	0.002	0.000
39.00	0.03	0.00	0.01	0.00	2	168	75.0%	0.001	0.0024	-0.002	0.000	0.000
40.00	0.01	0.00	0.01	0.00	3	241	84.4%	0.001	0.0018	-0.002	0.000	0.000
40.50	0.07	0.00	0.06	0.00	2	3	112.5%	0.008	0.0076	-0.014	0.001	0.000
41.00	0.01	0.00	0.25	0.00	13	72	152.7%	0.031	0.0186	-0.065	0.002	0.000
41.50	0.11	0.00	0.27	0.00	0	1	161.7%	0.031	0.0178	-0.070	0.002	0.000
42.00	0.05	0.00	0.35	0.00	1	57	178.1%	0.038	0.0191	-0.091	0.002	0.000
43.00	0.08	0.00	0.05	0.00	1	6	135.9%	0.005	0.0042	-0.012	0.000	0.000
44.00	0.06	0.00	0.55	0.00	0	4	225.4%	0.050	0.0187	-0.142	0.003	0.000
44.50	0.12	0.00	0.60	-0.29	43	4	236.7%	0.052	0.0185	-0.154	0.003	0.000
45.00	0.08	0.00	0.60	-0.31	43	173	243.0%	0.051	0.0175	-0.154	0.003	0.000
46.00	0.10	0.00	0.75	0.00	0	35	269.5%	0.058	0.0177	-0.191	0.003	0.000
50.00	0.01	0.00	0.01	0.00	0	53	162.5%	0.000	0.0003	-0.001	0.000	0.000

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
20.00	0.01	0.00	0.01	-0.03	10	7	200.0%	-0.000	0.0002	-0.001	0.000	-0.000
21.00	0.05	0.00	0.03	0.00	10	12	209.4%	-0.001	0.0009	-0.006	0.000	-0.000
23.00	0.25	0.00	1.05	-0.13	1	517	344.1%	-0.062	0.0145	-0.255	0.003	-0.000
25.00	0.04	0.00	0.11	0.00	1	8	165.6%	-0.010	0.0067	-0.027	0.001	-0.000
25.50	0.03	0.00	0.30	0.00	2	5	190.2%	-0.029	0.0143	-0.077	0.002	-0.000
26.00	0.14	0.00	0.30	0.00	1	6	178.5%	-0.031	0.0162	-0.076	0.002	-0.000
26.50	0.03	0.00	0.10	0.00	0	3	132.8%	-0.012	0.0094	-0.025	0.001	-0.000
27.00	0.13	0.00	0.10	0.00	1	56	123.4%	-0.013	0.0110	-0.025	0.001	-0.000
27.50	0.03	0.00	0.10	0.00	0	2	114.1%	-0.014	0.0130	-0.025	0.001	-0.000
28.00	0.06	0.00	0.05	0.00	96	93	92.2%	-0.008	0.0093	-0.012	0.001	-0.000
29.00	0.01	0.00	0.01	0.00	1	192	59.4%	-0.002	0.0037	-0.002	0.000	-0.000
29.50	0.02	0.00	0.03	0.00	11	24	60.9%	-0.006	0.0122	-0.007	0.000	-0.000
30.00	0.01	0.00	0.01	-0.03	1,414	1,687	50.0%	-0.005	0.0121	-0.004	0.000	-0.000
30.50	0.02	0.00	0.24	-0.08	15	511	72.3%	-0.069	0.0755	-0.058	0.003	-0.000
31.00	0.02	0.02	0.06	-0.12	662	5,628	50.4%	-0.048	0.0807	-0.030	0.002	-0.000
31.50	0.06	0.04	0.08	-0.17	521	2,036	43.8%	-0.077	0.1359	-0.038	0.004	-0.000
32.00	0.11	0.10	0.15	-0.13	232	855	41.4%	-0.162	0.2425	-0.061	0.006	-0.000
32.50	0.26	0.22	0.30	-0.15	3,259	1,730	42.0%	-0.317	0.3478	-0.090	0.009	-0.001
33.00	0.46	0.42	0.52	-0.17	671	3,992	41.9%	-0.506	0.3902	-0.100	0.010	-0.001
33.50	0.67	0.73	0.82	-0.26	90	105	42.0%	-0.691	0.3437	-0.087	0.009	-0.001
34.00	1.05	0.91	1.19	-0.35	341	557	42.2%	-0.834	0.2418	-0.061	0.006	-0.002
35.00	2.55	1.67	2.13	0.35	8	261	54.3%	-0.929	0.1025	-0.041	0.003	-0.002
35.50	3.15	1.95	3.70	0.00	0	1	91.2%	-0.856	0.1020	-0.123	0.006	-0.002
36.00	3.79	2.66	4.05	0.00	2	146	105.3%	-0.862	0.0857	-0.138	0.005	-0.002
36.50	3.13	2.90	4.70	0.00	2	2	107.8%	-0.892	0.0707	-0.118	0.005	-0.002
37.00	4.40	3.40	5.20	0.00	8	2	117.2%	-0.901	0.0610	-0.121	0.004	-0.002
37.50	4.32	4.10	5.70	0.00	2	1	140.0%	-0.883	0.0575	-0.164	0.005	-0.002
38.00	5.79	3.75	6.20	0.00	1	0	237.5%	-0.764	0.0531	-0.442	0.008	-0.002
38.50	6.74	5.00	6.70	0.00	0	0	150.8%	-0.909	0.0445	-0.146	0.004	-0.002
39.00	5.44	5.60	6.90	0.00	1	0	142.6%	-0.938	0.0351	-0.102	0.003	-0.002
40.00	6.99	6.60	7.90	0.00	40	10	157.8%	-0.945	0.0290	-0.103	0.003	-0.002
41.00	8.55	7.55	8.80	0.00	0	0	155.5%	-0.967	0.0195	-0.065	0.002	-0.002
42.00	9.20	8.60	9.95	0.00	2	0	191.0%	-0.950	0.0222	-0.116	0.003	-0.002
43.00	8.95	9.45	10.90	0.00	119	0	180.5%	-0.973	0.0143	-0.064	0.002	-0.002

How to Read the Chain

Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.

How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.